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The text explains that a rent increase notice is a letter from a landlord to a tenant informing them of a rent hike. Landlords can only use rent increase notices for month-to-month rentals or at the end of a fixed lease. Steps include deciding the amount of the increase based on area comparables, reviewing the rental agreement, and checking state laws on notice periods. Landlords can raise rent as much as they want unless rent control laws apply. It's important to evaluate how much to raise rent to avoid losing good tenants.
