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A rent increase notice is a letter from a landlord to inform a tenant of a rent raise. It can only be issued for month-to-month rentals or after a fixed lease ends. When increasing rent, landlords should take several steps: 1. Decide on the amount by comparing local rental rates using sites like Rentometer.com.2. Review the rental agreement, as rent cannot be increased during a fixed lease.3. Check state laws regarding notice periods; while some states may not require notice, others mandate 30 to 60 days' notice before the increase.Landlords can raise rent as much as they like unless located in a rent-controlled area, but should consider the impact on tenant retention, particularly for valued tenants.
