Rent Increase With New Tenant

State:
Virginia
Control #:
VA-1054LT
Format:
Word; 
Rich Text
Instant download

Description

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.

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  • Preview Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase
  • Preview Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase

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 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.

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.

Regarding tenancies-at-will, Massachusetts law mandates that landlords provide tenants with at least 30 days' notice before raising rent or if longer, a period equivalent to the frequency of rental payments.

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].

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Rent Increase With New Tenant