This is a letter to tenants regarding rent increase.
Michigan Letter - Notice To Tenants Announcing Rent Increase
State:
Multi-State
Control #:
US-1110LT
Format:
Word;
Rich Text
Instant download
Description
How to fill out Letter - Notice To Tenants Announcing Rent Increase?
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FAQ
What to include in a rent increase letterDate of the rent increase letter.Name and information of the tenant and landlord.Property address and unit number (if applicable).Reference the expiration date of the existing lease.Current rent amount.Amount of rent increase.Date the rent increase will go into effect.More items...
Michigan state landlords can raise rent only if it's stated in the lease and only with appropriate notice. Notice Required to Raise Rent. For month-to-month tenancies, Michigan landlords must provide 30 days' notice from next rent due date.
With regards to notifying my tenants of the rent increase, I send them an email or letter two months before their contract ends, asking if they wish to stay for another year, whilst letting them know what the new rent will be. I also send out their new contract with the increased rent added.
Notice Requirements for Michigan Landlords A landlord can simply give you a written notice to move, allowing one month notice as required by Michigan law and specifying the date on which your tenancy will end.
Can my landlord increase my rent now that the public health emergency has ended? No. Rent increases cannot occur until after December 31, 2021. Landlords must provide a minimum of a 30-day notice before a rent increase can occur, so higher rent cannot be charged until February 2022.
The Regulatory Agreements typically state that the current residents cannot receive a rent increase over 5%. Vacant unit rents can be increased by more than 5% if the market can bear the increase and if the rent increase does not conflict with any program rent restrictions.
Agreements that are month-to-month allow landlords to raise the rent or change any part of the agreement as long as they give proper notice. In most states, proper notice is in written form through certified mail and requires at least 30 days' notice.
