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.
Example Of Rent Increase Letter
State:
California
Control #:
CA-1054LT
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out California Letter From Landlord To Tenant About Intent To Increase Rent And Effective Date Of Rental Increase?
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FAQ
A Tenant at Will is one who occupies a rented apartment without a lease, but pays rent periodically (typically monthly). Either the landlord or the tenant may terminate this arrangement at any time by giving written notice of 30 days or one full rental period in advance, whichever is longer. No reason is required.
Rent Increases: There is no legal limit to the amount of rent a landlord can charge. However, in order for the rent increase to be valid, the landlord must provide the tenant proper notice of the raise in rent and the tenant must agree to it (signs the lease with the new monthly rent).
Landlords in Massachusetts have to wait until the end of your lease to increase your rent?or give you 30 days notice if you're renting month-to-month.
Regarding tenancies-at-will, Massachusetts law mandates that landlords provide tenants with at least 30 days' notice before raising rent or if longer, a period equivalent to the frequency of rental payments.
Landlords must also give 30 days' notice before raising rental prices at the end of the lease term. This gives tenants time to either accept the rental increase or find a new rental.