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A rent increase notice is a document sent to the tenant informing them of an upcoming increase in rent. Rent may need to be raised if the tenant has been in the property for a long time or if the area is experiencing growth. It is important to justify the rent increase and provide the tenant with the option to agree or not. To legally raise rent, it must be within the state laws and the notice should be sent within a specific timeframe, typically 15 to 60 days. Sending the notice via certified mail or hand delivery is recommended.
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