Landlords must provide appropriate written notice – For monthly tenants, it is customary for a state law to require the landlord to give notice either 30 or 60 days before the rent increase. In the city of Seattle and California, if the rent is increased by 10 percent or more, 60 days` notice is required. As a rule, rent increases do not exceed 3-5%. If you increase the rent by a considerable and unjustifiable amount, you expect to lose tenants and get pushback. With a standard template for rent increase notifications, you save valuable time and make sure you send a consistent message when the extension period is in progress. With our downloadable rent increase letter, you can document the new rental price and inform your tenants.
Rental Increase Agreement Form
Rental Increase Agreement Form
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