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.
Increase Rent Re Form Wa
State:
Virginia
Control #:
VA-1054LT
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Virginia Letter From Landlord To Tenant About Intent To Increase Rent And Effective Date Of Rental Increase?
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FAQ
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.
The average rent for a one-bedroom apartment in Washington state is $1,360 per month. That's an 8% increase from January 2022 and a 19% increase from 2020. In Seattle, the average price of a one-bedroom apartment is $1,667, a 7% increase from January 2022 and an 8% increase from 2020.
Landlords can raise rent by any amount they please and as often they wish, as long they provide proper written notice. Washington state law requires that landlords provide 60-day notice to tenants prior to raising their rent.
In Washington State, there is no maximum amount of rent that is set and rent increases are made at the landlord's discretion and ing to the local rental prices. No rent control law determines how often rental prices can be hiked as long as this is not done during a lease term.
Any rental agreement of whatever duration shall be automatically renewed for the term of the original rental agreement, unless a different specified term is agreed upon.