This form is a notice from a landlord to a tenant regarding an intent to increase rent and the effective date of the rental increase. It outlines the options available to the tenant once the lease term has expired, including the choice to vacate the premises or to continue residing under the new rent terms. This form is crucial for ensuring compliance with rental laws and provides clarity on the next steps for both parties involved.
Use this form when you, as a landlord, intend to notify your tenant about a planned rent increase after the expiration of the lease agreement. It is vital to provide this notice to ensure the tenant is aware of the changes and understands their options moving forward, which can help prevent misunderstandings or disputes.
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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.
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)
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.
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.
No. There is no Michigan law requiring landlords to provide tenants with notice of rent increases between lease terms. However, landlords cannot raise your rent in the middle of your lease.
The only limit outside of rent control, is if you raise the rent over 10% and they've been living in the unit over 12 months, you have to give 60 days notice instead of 30 days notice. But, otherwise, you can raise it a million bucks as long as you're not in a rent-controlled city.
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.
A typical rent increase is around 3-5% annually.
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.