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A rent increase notice is a letter from a landlord to a tenant announcing a rent raise. It can legally be issued only for month-to-month leases or after a fixed lease expires. To prepare for a rent increase, landlords should: 1) determine the amount to increase based on market comparables found on sites like rentometer.com; 2) review the rental agreement, as increases are not allowed during a fixed lease; and 3) check state-specific notice requirements, which vary from no notice to 30-60 days. Landlords can raise rent significantly unless local rent control applies, but they should consider the impact of the increase on tenant retention, especially for good tenants.