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.
Letter Increase Rental Form With 2 Points
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
Dear [TENANT NAME(S)], As indicated in your lease, your lease at [PROPERTY ADDRESS] will end on [LEASE EXPIRATION DATE ? write in full]. Please note that the monthly rent for the above [PROPERTY ADDRESS] will increase from [OLD RENT AMOUNT] to [NEW RENT AMOUNT] effective [DATE OF NEW LEASE ? write in full].
If operating a fixed-term lease, then you need to wait until the lease has expired to hike it. And, if operating a month-to-month lease, then all you'll need to do is notify your tenant at least a month (30 days) prior. The notice must be provided to your tenant in writing.
How to write a letter negotiating lower rent in 5 steps State your intent. Landlords and property managers receive lots of daily emails and request from residents. ... Emphasize your value. ... Use research to back your request. ... Consider including your personal situation. ... Provide next steps.
Illinois does not have a rent control law. Therefore, your landlord can raise your rent as much as he/she deems necessary. However, you should contact your local units of government to see if your city or county has a rent control ordinance.