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A rent increase notice is a letter from a landlord to a tenant, notifying them of a rent raise. Rent can only be increased for month-to-month rentals or at the end of a fixed lease. To legally increase rent, landlords should: 1) Determine the increase amount using area comparables from sites like rentometer.com; 2) Review the rental agreement, noting that rent cannot be raised during a fixed lease; 3) Check state regulations regarding notice periods, as some require 30 to 60 days' notice before an increase. While landlords can raise rent significantly, they should consider the potential impact on tenant retention, especially for good tenants, and be aware of any local rent control laws.