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Selecting the appropriate legal documents necessitates accuracy and careful attention, which is why it is essential to obtain samples of Letter Tenant Increase Rent Without New Lease exclusively from reputable sources, such as US Legal Forms. An incorrect template can squander your time and hinder your current situation. With US Legal Forms, you have minimal concerns. You can access and verify all the specifics regarding the document's application and relevance to your situation and within your state or region.
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Dear {Tenant's Name}, Thank you for entrusting us with your valuable tenancy. This Notice is to advise you that the [$ monthly rent amount] monthly rent for the unit you now inhabit, [Unit Number] at [Property Address], will rise to [$ New Monthly Rent] per month commencing on [Date of Rent Increase].
There is not a statewide law that places limits on how much a landlord can increase the rent when a lease is renewed. In fact, Texas law only allows cities to establish local rent control ordinances in certain cases.
Rent Increase Notice 30 days in advance of renewal if a tenant has lived in the apartment less than one year and has less than a 12-month lease. 60 days in advance for a tenant who has lived in the apartment for one to two years or for a tenant with a lease term of between one and two years.
Texas is unique in that landlords do not need to provide notice before raising the rent. However, it is typical in the state to give at least 30 days before increasing the rental rate on month-to-month or yearly leases.
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.