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.
Subject: Notice of Intent to Increase Rent and Effective Date: [Property Address] Dear [Tenant's Name], We hope this letter finds you in good health and high spirits. This notice is to inform you of our intentions to increase the rent for the property you currently occupy at [Property Address], in Los Angeles, California. As per the terms of your lease agreement, we are providing you with ample notice in compliance with the legal requirements of the state of California. Effective [Effective Date, typically 30-60 days in advance], your monthly rent will be adjusted to reflect the new rental amount of [New Rental Amount]. This increase is necessary due to various factors, including the rising costs of property maintenance, taxes, and inflation-associated expenses in the Los Angeles rental market. Our goal as your landlord is to ensure the property remains well-maintained, comfortable, and safe, providing you with the best possible living experience. However, we must adjust the rental rates to accommodate these increasing costs and to continue providing the high-standard services and amenities you have come to expect. We understand that changes in rent may require some adjustments to your budget, and we are open to discussing any concerns or questions you may have regarding this increase. Please feel free to contact our office to address any inquiries, and we will be more than happy to assist you. It's essential to mention that rent control regulations vary depending on the type of rental unit and its specific characteristics within the city of Los Angeles. Therefore, if your property falls under any rent control restrictions, such as being located in a Rent Stabilization Zone, or if it is covered by the Rent Stabilization Ordinance (RSO), certain provisions and limitations may apply. If your current rent is regulated or subject to any rent control restrictions, please consult the Los Angeles Housing and Community Investment Department (HCI DLA) website or seek legal advice to understand the specific regulations that govern your tenancy. Please note that any failure to comply with this rent increase may result in the termination of your lease agreement as stipulated in the terms and conditions outlined in your original lease agreement. We appreciate your understanding and hope that you continue to enjoy residing at our property. We value you as a tenant and assure you that we will continue to strive to provide a pleasant and supportive living environment for all residents. Thank you for your cooperation. Warm regards, [Your Name] [Landlord or Property Management Company] [Contact Information]Subject: Notice of Intent to Increase Rent and Effective Date: [Property Address] Dear [Tenant's Name], We hope this letter finds you in good health and high spirits. This notice is to inform you of our intentions to increase the rent for the property you currently occupy at [Property Address], in Los Angeles, California. As per the terms of your lease agreement, we are providing you with ample notice in compliance with the legal requirements of the state of California. Effective [Effective Date, typically 30-60 days in advance], your monthly rent will be adjusted to reflect the new rental amount of [New Rental Amount]. This increase is necessary due to various factors, including the rising costs of property maintenance, taxes, and inflation-associated expenses in the Los Angeles rental market. Our goal as your landlord is to ensure the property remains well-maintained, comfortable, and safe, providing you with the best possible living experience. However, we must adjust the rental rates to accommodate these increasing costs and to continue providing the high-standard services and amenities you have come to expect. We understand that changes in rent may require some adjustments to your budget, and we are open to discussing any concerns or questions you may have regarding this increase. Please feel free to contact our office to address any inquiries, and we will be more than happy to assist you. It's essential to mention that rent control regulations vary depending on the type of rental unit and its specific characteristics within the city of Los Angeles. Therefore, if your property falls under any rent control restrictions, such as being located in a Rent Stabilization Zone, or if it is covered by the Rent Stabilization Ordinance (RSO), certain provisions and limitations may apply. If your current rent is regulated or subject to any rent control restrictions, please consult the Los Angeles Housing and Community Investment Department (HCI DLA) website or seek legal advice to understand the specific regulations that govern your tenancy. Please note that any failure to comply with this rent increase may result in the termination of your lease agreement as stipulated in the terms and conditions outlined in your original lease agreement. We appreciate your understanding and hope that you continue to enjoy residing at our property. We value you as a tenant and assure you that we will continue to strive to provide a pleasant and supportive living environment for all residents. Thank you for your cooperation. Warm regards, [Your Name] [Landlord or Property Management Company] [Contact Information]
