This is a notice provided by the Landlord to Tenant explaining that once the lease term has expired. Tenant has the option of vacating the premises or remaining on the premises provided that they abide by the posted rent increase.
When it comes to writing a Downey, California letter from a landlord to a tenant about the intent to increase rent and the effective date of the rental increase, it is crucial to provide a detailed and explicit explanation to ensure understanding and maintain a good tenant-landlord relationship. Here is a sample: [Landlord's Name] [Landlord's Address] [Date] [Tenant's Name] [Tenant's Address] Dear [Tenant's Name], RE: NOTICE OF INTENT TO INCREASE RENT AND EFFECTIVE DATE I hope this letter finds you well. First and foremost, let me express my appreciation for being a tenant in [Apartment/Property Name] in Downey, California. It has been a pleasure having you as a responsible tenant who consistently abides by the terms and conditions set forth in our rental agreement. The purpose of this letter is to formally notify you of an upcoming adjustment in the rental amount for your unit. As you may be aware, the cost of maintaining and providing quality services has increased significantly over the past years. We have meticulously assessed the market rates for similar properties in the area along with the expenses associated with maintaining [Apartment/Property Name], and unfortunately, we have determined that an increase in rent is necessary. Effective from [Effective Date], your monthly rent will be adjusted to [New Rental Amount]. This increase represents a [Percentage Increase]% rise from your current rental amount of [Current Rental Amount]. Please note that this adjustment is in compliance with local housing regulations, and it aims to ensure that we can continue maintaining the property and providing the expected level of service. I kindly request your understanding and cooperation regarding this adjustment. I understand that an increase in rent can be burdensome at times, and I assure you that this decision was not taken lightly. We remain committed to delivering a safe, comfortable, and well-maintained living environment for all our tenants. In the event that you have any queries, concerns, or require further clarification regarding this rental increase, please do not hesitate to reach out to our management office. We are more than happy to discuss any aspect of the adjustment with you. Thank you for your understanding and cooperation in this matter. We value you as a responsible tenant and hope that we can continue to maintain our positive tenant-landlord relationship. Yours sincerely, [Landlord's Name] [Landlord's Signature] [Landlord's Contact Information] Keywords: Downey, California, letter from landlord to tenant, intent to increase rent, effective date, rental increase, notice, adjustment, tenant-landlord relationship, appreciation, rental agreement, maintaining property, market rates, local housing regulations, understanding, cooperation, burdensome, well-maintained living environment, queries, concerns, clarification, management office, responsible tenant, positive relationship.When it comes to writing a Downey, California letter from a landlord to a tenant about the intent to increase rent and the effective date of the rental increase, it is crucial to provide a detailed and explicit explanation to ensure understanding and maintain a good tenant-landlord relationship. Here is a sample: [Landlord's Name] [Landlord's Address] [Date] [Tenant's Name] [Tenant's Address] Dear [Tenant's Name], RE: NOTICE OF INTENT TO INCREASE RENT AND EFFECTIVE DATE I hope this letter finds you well. First and foremost, let me express my appreciation for being a tenant in [Apartment/Property Name] in Downey, California. It has been a pleasure having you as a responsible tenant who consistently abides by the terms and conditions set forth in our rental agreement. The purpose of this letter is to formally notify you of an upcoming adjustment in the rental amount for your unit. As you may be aware, the cost of maintaining and providing quality services has increased significantly over the past years. We have meticulously assessed the market rates for similar properties in the area along with the expenses associated with maintaining [Apartment/Property Name], and unfortunately, we have determined that an increase in rent is necessary. Effective from [Effective Date], your monthly rent will be adjusted to [New Rental Amount]. This increase represents a [Percentage Increase]% rise from your current rental amount of [Current Rental Amount]. Please note that this adjustment is in compliance with local housing regulations, and it aims to ensure that we can continue maintaining the property and providing the expected level of service. I kindly request your understanding and cooperation regarding this adjustment. I understand that an increase in rent can be burdensome at times, and I assure you that this decision was not taken lightly. We remain committed to delivering a safe, comfortable, and well-maintained living environment for all our tenants. In the event that you have any queries, concerns, or require further clarification regarding this rental increase, please do not hesitate to reach out to our management office. We are more than happy to discuss any aspect of the adjustment with you. Thank you for your understanding and cooperation in this matter. We value you as a responsible tenant and hope that we can continue to maintain our positive tenant-landlord relationship. Yours sincerely, [Landlord's Name] [Landlord's Signature] [Landlord's Contact Information] Keywords: Downey, California, letter from landlord to tenant, intent to increase rent, effective date, rental increase, notice, adjustment, tenant-landlord relationship, appreciation, rental agreement, maintaining property, market rates, local housing regulations, understanding, cooperation, burdensome, well-maintained living environment, queries, concerns, clarification, management office, responsible tenant, positive relationship.