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A rent increase notice is a letter from a landlord to a tenant informing them of a rent raise. Rent can only be raised legally for month-to-month rentals or at the end of a fixed lease. Steps include determining how much to increase rent based on area comparables, reviewing the rental agreement, and checking the state's notice period (typically 30-60 days). Landlords can increase rent as much as they want unless in a rent-controlled municipality, but should consider not losing good tenants by raising rent too much.