Pa Increase Rent Form Bc
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How to fill out Pennsylvania Letter From Landlord To Tenant About Intent To Increase Rent And Effective Date Of Rental Increase?
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FAQ
Pennsylvania has no rent-control law. Landlords may raise the rent as much as they want. However, changes must be made in ance with your contract (your lease). The rent increase must follow the proper notice procedures outlined in the written or verbal lease.
This is the suggested form used by the Landlord to notify a Tenant of a rent increase. The Landlord must give the Tenant at least three months notice.
As of April 2022, the average rent in the U.S. is roughly $1,927.00, $1,822.00 in Greater Philadelphia, and $1,659.00 in the City of Philadelphia. Prior to the pandemic it took two-plus years for average rents to increase by $100, but in the year from April 2021 to April 2022 average rents increased by $197.
A landlord must give a tenant at least 3 whole months' notice, in writing, of a rent increase. For example, if the rent is due on the first day of the month and the tenant is given notice any time in January, even January 1st, there must be 3 whole months before the rent increase begins.
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].