Letter from Landlord to Tenant about Intent to increase rent and effective date of rental increase - Illinois 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the date at the top of the document. This is essential for record-keeping and ensures clarity regarding when the notice was issued.
  3. Fill in the tenant’s name and address of the premises where they reside. Accurate information here is crucial for proper communication.
  4. In the section regarding your Residential Lease Agreement, specify the original lease date and address of the leased premises. This provides context for the notice.
  5. Indicate the expiration date of the current lease and outline options for renewal or moving out. Clear options help tenants understand their choices.
  6. State the new monthly rent amount and effective date of this increase. Transparency in financial matters fosters trust between landlord and tenant.
  7. Complete any additional sections, such as proof of delivery methods, ensuring all necessary signatures are included before sending.

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Theres no limit to how much a landlord can raise rent in IL. Landlords can raise the rent as much as they want unless the property is in a city with rent control. But most cities in Illinois, including Chicago, dont have rent control laws.
Rent Increases In a week-to-week or month-to-month tenancy, the landlord can raise your rent by any amount if he/ she gives you seven days notice for a week-to-week lease or 30 days notice for a month-to-month lease. Your landlord cannot raise your rent if you have a fixed-term lease.
Under the ordinance, landlords must provide: 60 days of notice to raise your rent if you have lived in your apartment for more than six months but less than three years. 120 days of notice to raise your rent if you have lived in your apartment for more than three years.
If Your Landlord Moves to Raise Your Rent Under the ordinance, landlords must provide: 60 days of notice to raise your rent if you have lived in your apartment for more than six months but less than three years. 120 days of notice to raise your rent if you have lived in your apartment for more than three years.
Per Year Rent Increase in Los Angeles Landlords can raise rent by 5% plus inflation, but no more than 10% per year under California law (AB 1482). For older buildings covered by RSO, the limit is 4% per year. Rent can only go up once every 12 months.

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People also ask

A notice of rent increase letter should include the following: Your name and contact information. Date of document. A greeting that addresses each tenant by name. The propertys address. The date the original lease went into effect. The date the original lease will end. The current rent amount. The proposed new rent amount.

notice of rent increase letter template