San Jose California Sample Letter for Notification of Rent Increase from Landlord to Tenant

• Category: Letters - Nonlegal - Property and Leases
• State: Multi-State
• City: San Jose
• 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. [Your Name] [Your Address] [City, State, ZIP Code] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP Code] Subject: Notice of Rent Increase Dear [Tenant's Name], I hope this letter finds you in good health and high spirits. I am writing to inform you, as my valued tenant, of an upcoming change in the terms of our rental agreement. This letter serves as an official notice of a rent increase for the property located at [Property Address] in San Jose, California. The purpose of this rent increase is to align the rental rate with the current market conditions and reflect the rising costs associated with property maintenance, taxes, and utilities in the San Jose area. After careful consideration and market analysis, I have decided that an adjustment in the rent amount is necessary. Effective [Date of Rent Increase, generally 30-60 days in advance], the monthly rent for the aforementioned property will be increased from $[Current Rent Amount] to $[New Rent Amount]. It is important to mention that this increase is within the limits allowed by the San Jose rent control regulations and in accordance with state law. I understand that any change in rental costs might pose a financial impact, and I want to assure you that this decision has not been taken lightly. San Jose, known as the "Capital of Silicon Valley," offers vibrant communities, excellent schools, diverse cultural experiences, and abundant job opportunities. Its thriving economy and proximity to major tech companies contribute to high demands for quality rental properties, resulting in rising rental costs. I highly value you as a tenant and have always appreciated your timely rent payments, adherence to the lease terms, and your commitment to maintaining the property in good condition. To continue providing the best possible living environment, it is necessary to make adjustments to account for increasing expenses. Please be aware that this rent increase is in accordance with the San Jose rent stabilization ordinance, which requires proper notice of at least 60 days for a rent increase of this nature. This timeframe allows you to adequately plan for the upcoming change. Should you have any concerns or questions regarding this rent increase, I encourage you to contact me at [Your Phone Number] or [Your Email Address]. I am more than willing to discuss the matter further and address any queries you might have. Thank you for your understanding and cooperation in this matter. I look forward to your continued tenancy and maintaining a positive landlord-tenant relationship. Sincerely, [Your Name] [Your Title/Position (if applicable)]

[Your Name] [Your Address] [City, State, ZIP Code] [Date] [Tenant's Name] [Tenant's Address] [City, State, ZIP Code] Subject: Notice of Rent Increase Dear [Tenant's Name], I hope this letter finds you in good health and high spirits. I am writing to inform you, as my valued tenant, of an upcoming change in the terms of our rental agreement. This letter serves as an official notice of a rent increase for the property located at [Property Address] in San Jose, California. The purpose of this rent increase is to align the rental rate with the current market conditions and reflect the rising costs associated with property maintenance, taxes, and utilities in the San Jose area. After careful consideration and market analysis, I have decided that an adjustment in the rent amount is necessary. Effective [Date of Rent Increase, generally 30-60 days in advance], the monthly rent for the aforementioned property will be increased from $[Current Rent Amount] to $[New Rent Amount]. It is important to mention that this increase is within the limits allowed by the San Jose rent control regulations and in accordance with state law. I understand that any change in rental costs might pose a financial impact, and I want to assure you that this decision has not been taken lightly. San Jose, known as the "Capital of Silicon Valley," offers vibrant communities, excellent schools, diverse cultural experiences, and abundant job opportunities. Its thriving economy and proximity to major tech companies contribute to high demands for quality rental properties, resulting in rising rental costs. I highly value you as a tenant and have always appreciated your timely rent payments, adherence to the lease terms, and your commitment to maintaining the property in good condition. To continue providing the best possible living environment, it is necessary to make adjustments to account for increasing expenses. Please be aware that this rent increase is in accordance with the San Jose rent stabilization ordinance, which requires proper notice of at least 60 days for a rent increase of this nature. This timeframe allows you to adequately plan for the upcoming change. Should you have any concerns or questions regarding this rent increase, I encourage you to contact me at [Your Phone Number] or [Your Email Address]. I am more than willing to discuss the matter further and address any queries you might have. Thank you for your understanding and cooperation in this matter. I look forward to your continued tenancy and maintaining a positive landlord-tenant relationship. Sincerely, [Your Name] [Your Title/Position (if applicable)]