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A rent increase notice is a letter from the landlord to the tenant informing them of the upcoming raise in rent. To legally increase rent, it can only be done for month-to-month rentals or at the end of a fixed lease. Landlords should first consider comparing rent prices in the area and reviewing the rental agreement. Checking the state's notice period is important, as some states require 30-60 days notice. Landlords can choose how much to increase the rent, but should be mindful not to lose good tenants.
