Maryland Sample Letter for Notification of Rent Increase from Landlord to Tenant [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Tenant's Name] [Tenant's Address] [City, State, Zip Code] Dear [Tenant's Name], RE: NOTIFICATION OF RENT INCREASE I hope this letter finds you in good health and high spirits. I am writing to inform you that, as per the terms of our lease agreement, there will be a rent increase for the property located at [Property Address] in Maryland. It has been a pleasure having you as a tenant, and I appreciate your promptness in paying rent, taking care of the property, and abiding by the rules and regulations outlined in the lease agreement. However, due to various factors such as increasing property taxes, maintenance costs, and inflation, it has become necessary to adjust the rent. Starting from [Effective Date], your monthly rent will increase from [Current Rent Amount] to [New Rent Amount]. The new rent reflects the current market value and is competitive with similar properties in the area. I have carefully considered this adjustment to ensure it remains fair and reasonable. Please note that this rent increase complies with all local and state laws governing rental properties in Maryland. As a responsible landlord, I strive to maintain a sustainable and well-maintained property for my tenants. To facilitate a smooth transition, I kindly request that you update your recurring payment arrangements accordingly, or adjust any manual payments you usually make. Any outstanding balance for the previous period will need to reflect the new rental amount. If you have any concerns or questions regarding the rent increase, I am more than willing to discuss the matter further. My aim is always to maintain open lines of communication and address any issues promptly. I value your tenancy and hope that you understand the reasons behind this rent adjustment. It is my sincere desire to continue having you as a valued tenant in the future. Please reach out to me within [number of days] days of receiving this notice if you have any questions or require clarification. Thank you for your understanding and cooperation. I look forward to your continued tenancy at the property. Warm regards, [Your Name] [Your Title] [Property Owner/Landlord] [Additional Contact Information] Keywords: Maryland, sample letter, rent increase, landlord, tenant, notification, lease agreement, property, rent amount, new rent, market value, local laws, state laws, recurring payment, outstanding balance, communication, valued tenant, property owner, contact information.