Overland Park Kansas Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase

• Category: Kansas Landlord Tenant - Notices and Letters - Rent
• State: Kansas
• City: Overland Park
• Control #: KS-1054LT
• Format: Word; Rich Text

Description

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 Rent Increase and Effective Date — Overland Park, Kansas Rental Property Dear [Tenant's Name], I hope this letter finds you well. We greatly value your presence as our tenant at [Property Address], and we are writing to inform you about an upcoming change in the rental terms. After careful consideration and analysis of the current market conditions, we have decided to adjust the rent to ensure the continued maintenance, improvements, and provision of exceptional services to our valued residents. Effective [Date], we hereby provide you with notice of a rent increase for your unit at [Property Address]. The new monthly rental amount will be [New Rent Amount], reflecting an increase of [Percentage or Dollar Amount Increase]. This rental adjustment aligns with the rising costs associated with property maintenance, operational expenses, insurance, and neighborhood amenities, which ultimately translates into an enhanced living experience for our residents. It is our constant endeavor to offer a fair and balanced rental pricing structure in line with current market rates that benefits all parties involved. Comparable rental properties in the desirable Overland Park area are currently commanding similar rental increases. Rest assured, we have conducted a thorough market analysis to ensure the new rental amount reflects the current market value of your rental unit. We understand that changes in rental terms may occasionally present challenges for our valued tenants. However, we believe the improvements and amenities we provide, along with the convenience and desirability of our location, continue to make [Property Name] a highly sought-after community in Overland Park, Kansas. It is our utmost priority to maintain the quality, safety, and value of our rental properties while ensuring a sustainable future. Please note that this rental increase notice complies with all legal requirements outlined by the state of Kansas and adheres to the terms of your lease agreement. As per the terms of your lease, we kindly request your acknowledgment and acceptance of this rental increase by signing and returning the enclosed copy of this letter, thereby indicating your consent to continue the tenancy at the revised rental amount. Should you have any questions, concerns, or require further clarification regarding this rental increase, please do not hesitate to contact our office. We value open communication with our residents and strive to address any concerns promptly and efficiently. Thank you for your understanding and cooperation in this matter. We genuinely appreciate your tenancy and look forward to continuing our positive landlord-tenant relationship. Warm regards, [Landlord/Property Manager's Name] [Landlord/Property Managing Company Name] [Contact Information]

Subject: Notice of Rent Increase and Effective Date — Overland Park, Kansas Rental Property Dear [Tenant's Name], I hope this letter finds you well. We greatly value your presence as our tenant at [Property Address], and we are writing to inform you about an upcoming change in the rental terms. After careful consideration and analysis of the current market conditions, we have decided to adjust the rent to ensure the continued maintenance, improvements, and provision of exceptional services to our valued residents. Effective [Date], we hereby provide you with notice of a rent increase for your unit at [Property Address]. The new monthly rental amount will be [New Rent Amount], reflecting an increase of [Percentage or Dollar Amount Increase]. This rental adjustment aligns with the rising costs associated with property maintenance, operational expenses, insurance, and neighborhood amenities, which ultimately translates into an enhanced living experience for our residents. It is our constant endeavor to offer a fair and balanced rental pricing structure in line with current market rates that benefits all parties involved. Comparable rental properties in the desirable Overland Park area are currently commanding similar rental increases. Rest assured, we have conducted a thorough market analysis to ensure the new rental amount reflects the current market value of your rental unit. We understand that changes in rental terms may occasionally present challenges for our valued tenants. However, we believe the improvements and amenities we provide, along with the convenience and desirability of our location, continue to make [Property Name] a highly sought-after community in Overland Park, Kansas. It is our utmost priority to maintain the quality, safety, and value of our rental properties while ensuring a sustainable future. Please note that this rental increase notice complies with all legal requirements outlined by the state of Kansas and adheres to the terms of your lease agreement. As per the terms of your lease, we kindly request your acknowledgment and acceptance of this rental increase by signing and returning the enclosed copy of this letter, thereby indicating your consent to continue the tenancy at the revised rental amount. Should you have any questions, concerns, or require further clarification regarding this rental increase, please do not hesitate to contact our office. We value open communication with our residents and strive to address any concerns promptly and efficiently. Thank you for your understanding and cooperation in this matter. We genuinely appreciate your tenancy and look forward to continuing our positive landlord-tenant relationship. Warm regards, [Landlord/Property Manager's Name] [Landlord/Property Managing Company Name] [Contact Information]