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A rent increase notice is a letter from a landlord to inform a tenant of a rent raise. Such notices are applicable only for month-to-month rentals or after a fixed lease ends. To legally increase rent, landlords should first determine the amount based on local comparables using websites like rentometer.com. Next, they should review the rental agreement, as rent cannot be raised during a fixed lease. It's also important to check state-specific notice periods; while some states may not require notice, others may mandate 30 to 60 days. Although landlords can generally raise rent as they choose unless in rent-controlled areas, they should consider the potential impact on tenant retention, especially for good tenants.
