Nassau New York Sample Letter for Notification of Rent Increase from Landlord to Tenant

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• County: Nassau
• Control #: US-0212LR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. Subject: Important Notice: Rent Increase Notification for [Tenant Name] at [Property Address] [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address] [Date] [Tenant Name] [Tenant Address] [City, State, ZIP] Dear [Tenant Name], I hope this letter finds you well. We appreciate your tenancy at [Property Address] and the care you have taken in maintaining the property. We are writing to inform you of an upcoming change that will affect your rental agreement. As of [Effective Date], we will be implementing a rent increase for your unit. After thorough consideration of the current market conditions, rising expenses, and necessary property maintenance costs, we have found it necessary to adjust the rent. Please find below the details of the rent increase: ▪ Current Monthly Rent: $[Current Rent] ▪ New Monthly Rent: $[New Rent] ▪ Increase Amount: $[Rent Increase Amount] ▪ Percentage Increase: [Rent Increase Percentage] Factors such as market demand, inflation, and maintenance expenses all contribute to the decision to increase your rent. We assure you that this increase aligns with the current fair market value for similar rental properties in Nassau, New York. It will enable us to continue providing the high standards of maintenance, repair, and tenant services that you have come to expect. We understand that any change in rent can be significant for our valued tenants. However, we believe that the updated rental rate remains competitive in relation to other properties in the area. We strive to maintain a fair and balanced approach in setting our rental rates while considering the ever-changing real estate landscape. To ease any potential impact, we are offering you a grace period until [Due Date + Grace Period] to adjust to the new rent. The new rental rate will become effective starting from [Effective Date]. Please ensure that your payment reflecting the new rent reaches us on or before the due date. If you have any questions or concerns regarding this rent increase, we encourage you to contact us at [Phone Number] or [Email Address]. We are available to discuss the details and address any queries you may have. We value your tenancy and would like to work together to ensure a smooth transition. Furthermore, we appreciate your understanding and cooperation during this adjustment period. Thank you for your continued residency and attention to fulfilling your lease obligations promptly. Sincerely, [Your Name] [Your Title/Position (if applicable)] [Property Management Company Name (if applicable)]

Subject: Important Notice: Rent Increase Notification for [Tenant Name] at [Property Address] [Your Name] [Your Address] [City, State, ZIP] [Phone Number] [Email Address] [Date] [Tenant Name] [Tenant Address] [City, State, ZIP] Dear [Tenant Name], I hope this letter finds you well. We appreciate your tenancy at [Property Address] and the care you have taken in maintaining the property. We are writing to inform you of an upcoming change that will affect your rental agreement. As of [Effective Date], we will be implementing a rent increase for your unit. After thorough consideration of the current market conditions, rising expenses, and necessary property maintenance costs, we have found it necessary to adjust the rent. Please find below the details of the rent increase: ▪ Current Monthly Rent: $[Current Rent] ▪ New Monthly Rent: $[New Rent] ▪ Increase Amount: $[Rent Increase Amount] ▪ Percentage Increase: [Rent Increase Percentage] Factors such as market demand, inflation, and maintenance expenses all contribute to the decision to increase your rent. We assure you that this increase aligns with the current fair market value for similar rental properties in Nassau, New York. It will enable us to continue providing the high standards of maintenance, repair, and tenant services that you have come to expect. We understand that any change in rent can be significant for our valued tenants. However, we believe that the updated rental rate remains competitive in relation to other properties in the area. We strive to maintain a fair and balanced approach in setting our rental rates while considering the ever-changing real estate landscape. To ease any potential impact, we are offering you a grace period until [Due Date + Grace Period] to adjust to the new rent. The new rental rate will become effective starting from [Effective Date]. Please ensure that your payment reflecting the new rent reaches us on or before the due date. If you have any questions or concerns regarding this rent increase, we encourage you to contact us at [Phone Number] or [Email Address]. We are available to discuss the details and address any queries you may have. We value your tenancy and would like to work together to ensure a smooth transition. Furthermore, we appreciate your understanding and cooperation during this adjustment period. Thank you for your continued residency and attention to fulfilling your lease obligations promptly. Sincerely, [Your Name] [Your Title/Position (if applicable)] [Property Management Company Name (if applicable)]