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A rent increase notice is a letter from a landlord to a tenant indicating that the rent will be raised. Such notices are applicable only for month-to-month rentals or after a fixed lease expires. To legally increase rent, landlords should follow these steps: 1. Determine the increase amount using local comparables (e.g., rentometer.com).2. Review the rental agreement, as rent cannot be raised during a fixed lease.3. Check the state's notice requirements, as some states mandate a 30 to 60 day notice prior to a rent increase.While landlords can set the rent increase amount generally, they must consider the potential impact on good tenants, especially in municipalities with rent control regulations.
