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.
League City Texas Letter from Landlord to Tenant about Intent to Increase Rent and Effective Date of Rental Increase: [Your Name] [Your Address] [City, State, ZIP] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP] Subject: Notice of Rent Increase Dear [Tenant's Name], I hope this letter finds you well. I am writing to inform you that beginning on [Effective Date], there will be a rent increase for the property located at [Rental Property Address], League City, Texas [ZIP Code]. This increase is in accordance with the terms and conditions stated in your lease agreement, which allows for periodic rent adjustments. We have thoroughly evaluated the current market rates for similar rental properties in League City, Texas and have determined that an adjustment in rent is necessary to keep up with the rising costs of maintaining the property, utilities, property taxes, and other expenses associated with providing a safe and comfortable living environment. Effective [Effective Date], your monthly rent will be increased from the current amount of [Current Monthly Rent Amount] to [New Monthly Rent Amount]. This new rent amount will be reflected in your monthly rental payment starting from the [Effective Date]. Please ensure that all future rental payments reflect the new rental amount. We understand that rent increases can sometimes pose financial challenges, but we strive to provide the best quality living for our tenants while maintaining the property's value. The increased rent will allow us to continue improving and maintaining the property in line with your expectations. If you have any questions or concerns regarding this rent increase, please do not hesitate to reach out to me at [Your Phone Number] or via email at [Your Email Address]. I am more than willing to address any queries or discuss alternative arrangements, if applicable. We value your tenancy and appreciate your understanding and cooperation in this matter. We look forward to your continued residency with us and assure you that we will continue to provide excellent service and upkeep. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Contact Information] Keywords: League City Texas, Letter, Landlord, Tenant, Intent, Increase Rent, Effective Date, Rental Increase, Property, Lease Agreement, Market Rates, Rent Adjustment, Rising Costs, Maintaining, Utilities, Property Taxes, Expenses, Safe, Comfortable, Living Environment, Monthly Rent, Amount, Financial Challenges, Quality Living, Improving, Maintaining, Expectations, Questions, Concerns, Tenancy, Cooperation, Residency, Service, Upkeep.League City Texas Letter from Landlord to Tenant about Intent to Increase Rent and Effective Date of Rental Increase: [Your Name] [Your Address] [City, State, ZIP] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP] Subject: Notice of Rent Increase Dear [Tenant's Name], I hope this letter finds you well. I am writing to inform you that beginning on [Effective Date], there will be a rent increase for the property located at [Rental Property Address], League City, Texas [ZIP Code]. This increase is in accordance with the terms and conditions stated in your lease agreement, which allows for periodic rent adjustments. We have thoroughly evaluated the current market rates for similar rental properties in League City, Texas and have determined that an adjustment in rent is necessary to keep up with the rising costs of maintaining the property, utilities, property taxes, and other expenses associated with providing a safe and comfortable living environment. Effective [Effective Date], your monthly rent will be increased from the current amount of [Current Monthly Rent Amount] to [New Monthly Rent Amount]. This new rent amount will be reflected in your monthly rental payment starting from the [Effective Date]. Please ensure that all future rental payments reflect the new rental amount. We understand that rent increases can sometimes pose financial challenges, but we strive to provide the best quality living for our tenants while maintaining the property's value. The increased rent will allow us to continue improving and maintaining the property in line with your expectations. If you have any questions or concerns regarding this rent increase, please do not hesitate to reach out to me at [Your Phone Number] or via email at [Your Email Address]. I am more than willing to address any queries or discuss alternative arrangements, if applicable. We value your tenancy and appreciate your understanding and cooperation in this matter. We look forward to your continued residency with us and assure you that we will continue to provide excellent service and upkeep. Thank you for your attention to this matter. Sincerely, [Your Name] [Your Title/Position] [Contact Information] Keywords: League City Texas, Letter, Landlord, Tenant, Intent, Increase Rent, Effective Date, Rental Increase, Property, Lease Agreement, Market Rates, Rent Adjustment, Rising Costs, Maintaining, Utilities, Property Taxes, Expenses, Safe, Comfortable, Living Environment, Monthly Rent, Amount, Financial Challenges, Quality Living, Improving, Maintaining, Expectations, Questions, Concerns, Tenancy, Cooperation, Residency, Service, Upkeep.