Last Updated: April 2024
Rent increase notices are important written communications that landlords send to tenants when raising the monthly rent payment amount. These notices inform tenants of the new rental amount and provide essential details. Landlords must send these notices in a timely manner as specified by local tenant laws, which also prevents confusion for tenants and ensures landlords remain compliant with applicable regulations.
We’ve reviewed all rent increase notices across the internet, so you don’t have to.
Top 5 Free Rent Increase Notice Templates
We’ve reviewed rental property rent increase letters across the internet. Below is our comprehensive list of the best free rent increase notice templates for landlords and property managers, as well as our top pick.
RentalRealEstate Top Pick
RentRedi Rent Increase Notice Template
Why We Like the RentRedi Increase Notice Template
The RentRedi increase notice is our favorite pick for its perfect balance of clarity and professionalism, ensuring both landlords and tenants are well-informed of the upcoming changes.
eForms Rent Increase Notice Template
Why We Like the eForms Increase Notice Template
The eForms increase notice stands out with its straightforward layout, making the adjustment details immediately clear to recipients.
LegalTemplates Notice of Rent Increase Template
Why We Like the LegalTemplates Increase Notice Template
The LegalTemplates increase notice exudes transparency and fairness, reflecting a commitment to maintaining positive landlord-tenant relations.
Apartment List Rent Increase Notice Template
Why We Like Apartment List Increase Notice Template
The Apartment List increase notice comes with a clear structure that efficiently conveys all pertinent details, from the new rent amount to its effective date.
Law District Rent Increase Notice Template
Why We Like the Law District Increase Notice Template
The LawDistrict increase notice, is a concise, yet personable template that ensures the message is conveyed without causing undue alarm to tenants.
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What is a Rent Increase Notice?
Rent Increase Notice Definition
A rent increase notice is a formal written document issued by landlords or property managers to tenants, indicating a forthcoming change in the rental amount. This notice delineates the amount of the rent adjustment, the effective date, and often the reasons for the increase. It serves as an official means to ensure transparency and provide tenants with adequate time to prepare for the new rental terms.
Rent Increase Notices Explained
Rent increase notices are commonly used to inform tenants of an upcoming increase in their rental rate and provide them with sufficient notice to make any necessary adjustments to their budget. Landlords are typically required to provide tenants with a written notice of the increase at least 30 days in advance, although this may vary depending on state and local laws. These notices include information such as new rental rate and effective date of the increase. Tenants have the option to either accept the new rental rate or terminate their lease.
Rental Property Rent Increase Notice FAQ
What Information Should be Included in a Rent Increase Notice?
A rent increase notice is a formal document that landlords use to inform tenants of an impending increase in their rent. It serves as a clear communication tool that helps ensure that both parties are on the same page about changes to the lease agreement. Given its significance, it’s crucial that the notice is clear, concise, and contains all the necessary details to avoid any misunderstandings.
- Tenant’s Name and Address: Clearly state the name of the tenant and the rental property address.
- Date of the Notice: The date when the landlord issues the notice.
- Amount of the Current Rent: Clearly specify the current monthly rental amount.
- Amount of the Increased Rent: The new monthly rent that will be effective after the increase.
- Effective Date of the Increase: The exact date when the new rent amount will come into effect.
- Reason for Increase: While not always mandatory, some landlords choose to provide a reason for the increase (e.g., increased property taxes, maintenance costs, etc.)
- Contact Information: Provide a point of contact (e.g., property manager or landlord’s contact details) for any queries or clarifications.
How Far in Advance Should an Increase Notice be Sent to a Tenant?
The required advance notice for a rent increase typically depends on local and state regulations. Generally, most jurisdictions require a minimum of 30 days’ notice for month-to-month rental agreements. For fixed-term leases, the rent usually can’t be increased until the lease term ends unless stipulated otherwise in the agreement. However, always refer to local rental laws and the lease agreement to ensure compliance.
How Should a Landlord Send a Rent Increase Notice?
The method by which an increase notice should be sent varies by jurisdiction, but there are common practices that ensure the tenant receives the notice:
- Certified Mail: Sending the notice by certified mail provides proof of delivery, ensuring that the landlord has a record that the tenant received it.
- Hand Delivery: Some landlords prefer to hand-deliver the notice to the tenant directly, ensuring immediate receipt.
- Email: If the lease agreement allows for electronic communications and the tenant has agreed to it, an email can be a valid method.
- Posting on the Premises: In some jurisdictions, if the tenant is absent and other delivery methods fail, the notice can be posted visibly on the property. However, this method should be used as a last resort and only if allowed by local laws.
Rent Increase Notice Tools
Rental Property Accounting Software
Accounting software is a great tool for tracking a rental property’s financial activity. Most solutions can generate tenant reports to show payment history and account balances.
Contract & Document Software
Online rental property document software offers customizable templates and digital management solutions for forms, contracts, and letters related to leasing and property management.
Property Management Software
Property management software helps property owners and managers handle all aspects of management such as rent payment, property maintenance, marketing, and much more.
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About the Author
Ryan Nelson
I’m an investor, real estate developer, and property manager with hands-on experience in all types of real estate from single family homes up to hundreds of thousands of square feet of commercial real estate. RentalRealEstate is my mission to create the ultimate real estate investor platform for expert resources, reviews and tools. Learn more about my story.
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