Rent Increase Letter To Tenant

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Rent Increase Letter To Tenant

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<div align="right"> April 18, 2024</div>
 
[First Name] [Last Name] 
[Address] 
[City], [State] [Zip Code] 
 
Subject: Rent Notice
 
Dear [First Name]:
 
I would like to thank you for being our tenant and taking great care of the property. We have enjoyed having you rent with us over the past [#] years. 
 
Unfortunately, the expenses that I have with the property have risen considerably with the new state property tax increase and substantial HOA improvements including the new swimming pool and community center with a game room.
 
I must raise the rent accordingly. Your current lease ends on [Date]. The rent payment will then go from [$0000.00] to [$0000.00]. Should you choose to renew your lease then this new rent increase will be required.
 
Again, thank you for being our tenant. I hope that you will continue to rent from us. I have attached a copy of the new lease for your review. Please call me at [000-000-0000] if I can answer any questions. 
 
Sincerely,
 
[First Name] [Last Name] 
[Title / Position] 
[Company] 
[Address] 
[City], [State] [Zip Code] 
[email@domain.com] 
[000-000-0000]
 
Attachment: Lease Renewal Addendum