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A rent increase notice is a letter from a landlord to a tenant informing them of an upcoming rent raise. Rent can only be increased for month-to-month rentals or when a fixed lease expires. Landlords should consider area comparables when determining how much to raise the rent. Rental agreements must be reviewed before increasing rent. Check state laws for notice periods, as some require 30-60 days notice. Landlords can increase rent as desired, unless rent control laws are in place. Carefully evaluate how much to raise rent to avoid losing good tenants.
