Rent Increase For 2024
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How to fill out New Mexico 30 Day Notice Of Increase In Rent - Fixed Term Tenancy - Residential?
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If you live anywhere in Washington besides Seattle, any notice of the rent going up needs to be delivered to the tenant at least 60 days in advance. If you live in Seattle, the landlord needs to give you at least 180 days' written notice.
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].
The Director of Residential Tenancy has set the maximum Annual Allowable Rent Increase, effective January 1, 2024, at 3% on all rental units, heated or unheated.
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.