[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Tenant's Name] [Tenant's Address] [City, State, Zip Code] Re: NOTICE OF INTENT TO INCREASE RENT Dear [Tenant's Name], I hope this letter finds you well. I am writing to inform you of changes regarding the rental terms and conditions of the property you are currently leasing at [Property Address]. After careful consideration of the current real estate market trends and the cost of maintaining the property, it has become necessary to increase the monthly rental amount. Effective from [Effective Date of Rent Increase], the monthly rent for the [Property Address] will be raised to [New Monthly Rent Amount]. This revised amount accurately reflects the current market rates for similar properties in the Gainesville, Florida area. The decision to increase the rent was not taken lightly, but it is necessary to ensure the property can continue to be maintained to the high standard that you deserve as a valued tenant. The rising costs of property taxes, insurance, and general maintenance expenses have made this adjustment essential. I understand that any increase in rent can bring concerns to tenants, so I would like to assure you that we remain committed to providing you with the best possible living experience. Our goal is to maintain a clean, safe, and comfortable environment for all residents. I value your tenancy and would be thrilled to continue our positive landlord-tenant relationship. Given the quality of your tenancy and adherence to the lease terms, I am open to discussing this increase should you have any concerns or questions about it. Please do not hesitate to reach out to me at your earliest convenience to discuss further. To finalize this adjustment, I kindly request that you sign and return a copy of this letter, indicating your agreement with the revised rental amount. Additionally, please be aware that the existing lease agreement will remain in full force and effect, with no other modifications besides the change in the rental amount. Thank you for your understanding and cooperation in this matter. I am confident that with your valued tenancy, together we can continue to maintain a harmonious living environment at [Property Address]. Should you require any further assistance, please do not hesitate to let me know. Warm regards, [Your Name] [Your Title/Role] [Signature (if printed version)] [Email Address] [Phone Number]