Rent Increase With New Landlord
Description
How to fill out New Mexico 30 Day Notice Of Increase In Rent - Fixed Term Tenancy - Residential?
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FAQ
If you are a tenant renting by the month, the landlord may raise your rent by giving you written notice at least 28 days before the next rent due date. There are no state laws limiting the amount of a rent increase.
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].
Receipts are required by law for all rent payments (except bank transfers). The landlord must give 60 days written notice for any rent increases.
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.