This is a letter to tenants regarding rent increase.
Wisconsin Letter - Notice To Tenants Announcing Rent Increase
State:
Multi-State
Control #:
US-1110LT
Format:
Word;
Rich Text
Instant download
Description
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FAQ
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.
Wisconsin state landlords can raise rent as long as appropriate notice is given. Notice Required to Raise Rent.
There are no state laws limiting the amount of a rent increase. If you are renting by the month, the landlord may terminate the rental agreement by giving you a written termination notice at least 28 days before the next rent due date.
How Much Notice is Needed for Raising Rent? When seeking to increase rent on a month-to-month tenant, a Wisconsin landlord must provide a 28-Day Notice before increased rent may be expected (Wisconsin Statute 704.19(3)).
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.
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...
In Wisconsin, the landlord is free to charge any rent price agreed upon by the parties because there is no rent control or limit required by the state. There is no statute addressing the required notice if the landlord wants to increase the price of rent.
