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A rent increase notice is a letter from a landlord to a tenant informing them of an upcoming rent raise. This can only be done for month-to-month rentals or at the end of a fixed lease. Landlords need to consider area comparables, review rental agreements, and check their state's notice period before increasing rent. Landlords can raise rent freely unless in a rent-controlled area, but they should carefully assess the increase to avoid losing good tenants.