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.
Dear [Tenant's Name], We hope this letter finds you well. We would like to inform you of an important matter pertaining to your rental agreement. As your landlord, we strive to maintain open lines of communication and transparency with all of our valued tenants. Therefore, we are writing to discuss an increase in the rent for your Santa Clara, California property. After thorough consideration and review of current market trends and expenses associated with maintaining the property, we have determined that a rental increase is necessary. This increase is intended to ensure that we can continue providing you with a comfortable and well-maintained living environment. The effective date of the rental increase will be [enter date], which will mark the start of the new monthly rent amount. The specific amount of the rent increase will be [enter percentage or dollar figure]. We understand that financial adjustments can be challenging, so we aim to maintain a fair and competitive rental rate based on the current Santa Clara housing market. It is vital to acknowledge that this rental increase is aligned with the terms outlined in your lease agreement. As you are aware, the lease agreement serves as a legally binding contract that governs the tenancy and its conditions. Pursuant to this agreement, we have the right to increase the rent with proper notice. We highly value your tenancy and understand that open communication is key to addressing any concerns regarding this increase. If you have any questions or require further clarification, please do not hesitate to reach out to our office. We are here to provide you with the necessary information and support during this transition. We believe that our property offers significant value in terms of location, amenities, and overall quality. Moreover, we continuously invest in maintenance, upgrades, and community enhancements to ensure your comfort and satisfaction. We trust that the rental increase will be justified by the exceptional living experience we strive to provide. Once again, we appreciate your tenancy and cooperation. We kindly request your acknowledgement of this letter within [enter timeframe] to confirm your understanding of the rental increase. Please sign and return the attached acknowledgement form. Thank you for choosing [landlord name] as your trusted housing provider. We remain committed to providing you with a safe and enjoyable living environment. Warm regards, [Landlord's Name] [Landlord's Contact Information] Keywords: Santa Clara California, Letter from Landlord, Tenant, Intent to Increase Rent, Effective Date, Rental Increase.Dear [Tenant's Name], We hope this letter finds you well. We would like to inform you of an important matter pertaining to your rental agreement. As your landlord, we strive to maintain open lines of communication and transparency with all of our valued tenants. Therefore, we are writing to discuss an increase in the rent for your Santa Clara, California property. After thorough consideration and review of current market trends and expenses associated with maintaining the property, we have determined that a rental increase is necessary. This increase is intended to ensure that we can continue providing you with a comfortable and well-maintained living environment. The effective date of the rental increase will be [enter date], which will mark the start of the new monthly rent amount. The specific amount of the rent increase will be [enter percentage or dollar figure]. We understand that financial adjustments can be challenging, so we aim to maintain a fair and competitive rental rate based on the current Santa Clara housing market. It is vital to acknowledge that this rental increase is aligned with the terms outlined in your lease agreement. As you are aware, the lease agreement serves as a legally binding contract that governs the tenancy and its conditions. Pursuant to this agreement, we have the right to increase the rent with proper notice. We highly value your tenancy and understand that open communication is key to addressing any concerns regarding this increase. If you have any questions or require further clarification, please do not hesitate to reach out to our office. We are here to provide you with the necessary information and support during this transition. We believe that our property offers significant value in terms of location, amenities, and overall quality. Moreover, we continuously invest in maintenance, upgrades, and community enhancements to ensure your comfort and satisfaction. We trust that the rental increase will be justified by the exceptional living experience we strive to provide. Once again, we appreciate your tenancy and cooperation. We kindly request your acknowledgement of this letter within [enter timeframe] to confirm your understanding of the rental increase. Please sign and return the attached acknowledgement form. Thank you for choosing [landlord name] as your trusted housing provider. We remain committed to providing you with a safe and enjoyable living environment. Warm regards, [Landlord's Name] [Landlord's Contact Information] Keywords: Santa Clara California, Letter from Landlord, Tenant, Intent to Increase Rent, Effective Date, Rental Increase.