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Save Notice Of Rent Increase in JPG

Save Notice Of Rent Increase in JPG

Aug 6th, 2022

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How to Save Notice Of Rent Increase in JPG

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A rent increase notice is a letter from a landlord informing a tenant of a planned rent raise. Legal rent increases can only occur for month-to-month rentals or at the end of a fixed lease. To increase rent, landlords should: 1) Determine the increase amount using comparable rental data from sites like Rentometer.com. 2) Review the rental agreement, as rent cannot be raised during a fixed lease. 3) Check state notice requirements; some states require 30 to 60 days' notice before a rent increase. Although landlords can typically raise rent as desired, they should consider the risk of losing good tenants when deciding on the amount.

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