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A rent increase notice is a letter from a landlord to a tenant informing them of a rent increase. This can only be done for month-to-month rentals or at the end of a fixed lease. To legally increase rent, landlords must consider area comparables, review the rental agreement, and check the state's notice period. Landlords can increase rent as much as they want unless there are rent control laws. It's important to carefully evaluate the increase to avoid losing good tenants.