Ohio Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase
What this document covers
This form is a notice from a landlord to a tenant regarding an intent to increase rent after the lease term has expired. This notice clearly communicates the new rental rate and the effective date of the increase. Unlike other lease-related documents, this form specifically addresses the financial terms that will apply if the tenant chooses to renew their lease or remain in the rental property.
Key parts of this document
- Details about the original lease agreement, including the date and property address.
- The expiration date of the current lease term.
- The new rent amount and the effective date of the rental increase.
- Options available to the tenant regarding lease renewal or moving out.
- Contact information for the landlord or authorized agent.
Situations where this form applies
This form should be used when a landlord intends to raise the rent following the expiration of a residential lease. It is important to notify tenants of the new rental terms to ensure clarity and assist them in making informed decisions about renewing their lease or potentially vacating the property.
Who needs this form
- Landlords who are increasing rent after the expiration of a lease.
- Property management companies handling tenant communications.
- Real estate professionals overseeing rental agreements.
How to complete this form
- Identify the parties involved, including the landlord and tenant names.
- Enter the details of the original lease agreement, including the date and property address.
- Clearly state the expiration date of the current lease.
- Specify the new rental amount and the effective date of this increase.
- Include information about the tenant's options regarding the lease renewal.
- Provide contact details for the landlord or authorized agent for any inquiries.
Notarization requirements for this form
In most cases, this form does not require notarization. However, some jurisdictions or signing circumstances might. US Legal Forms offers online notarization powered by Notarize, accessible 24/7 for a quick, remote process.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to specify the effective date of the rent increase.
- Not allowing adequate notice as required by state law.
- Omitting the tenant's options for lease renewal or moving out.
- Providing incorrect contact information for follow-up questions.
Advantages of online completion
- Convenient access to updated legal forms drafted by licensed attorneys.
- Editable format allows for easy customization to fit specific needs.
- Reliable guidance ensures compliance with relevant laws and regulations.
Quick recap
- This notice communicates the landlord's intent to increase rent after the lease term ends.
- It outlines the new rental terms and the tenant's options moving forward.
- Using this form helps ensure legal compliance and clarity in tenant-landlord communications.
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FAQ
Tenant's name. Property address. Landlord's name and contact info. Date the letter was written. Date the rent increase will take effect. Rent increase amount. Current rental amount. Date the new rent will be due.
Tenant's name. Property address. Landlord name and contact information. Date the letter is written. Date the rent increase will take effect. Amount of rent increase. Current cost of rent.
A typical rent increase is around 3-5% annually.
The name of your tenant. The date. The property address. The lease expiration date. The date the rent increase will take effect. The amount of the increase. The current rental amount. Date the new rent will be due.
In most states, a landlord must give tenants notice at least 30 days before they'll enforce a rent increase. However, in other states like California, the notice can increase to 60 days' notice if the increase is more than 10% of the current rent rate.
Remember you're a business. Do your research. Raise the rent all at once or incrementally. Don't negotiate or ask tenants what they think a fair rent increase would be. Be courteous and firm. Find a template you like. Send a formal letter by certified mail. Give the tenant notice.
The full names of both landlord and tenant. The type of property you are leasing. The location of the property. The type of tenancy (fixed term or periodic) Details about the rent (current rent vs. new rent and effective dates) Details about the lease (start date and signing date)
There is no rent control in the state of Ohio. A landlord can raise the rent any amount as long as tenants are given notice before they sign the lease agreement or any renewal agreement.
