A rent increase letter is a communication from the landlord to the tenant. It may be sent after the lease has expired, or it may be sent as a notice that the landlord intends to raise the rent in the future. In either case, the letter should be written clearly and concisely so that ...
Setting the rent amount is a delicate issue that needs to be done right. Find out what are the tried and tested methods to determine the rent for your rental property. Rent Increase Letter Asking tenants for more rent doesn't have to be a challenge. Our rent increase notice will make it...
The Beauty Of An Automatic Rent Increase Clause In The Lease One of the main reasons why mom-and-pop landlords like myself do not maximize profits is due to human nature. Small-time landlords may find it difficult to raise the rent each year, despite their costs going up each year. As...
Rent Increase:This notice informs the tenant that their rent will be increased. The tenant will need to accept the increase or move out of the unit by a certain date. Where Can You Get an Eviction Notice Template? The most important part of any eviction notice is that it conforms to the...
Change in Terms Notice to Increase Rent or Make Other Changes to a Month-to-Month Tenancy– $95. Subject to rent control limitations, with this form, landlords can create a change in terms notice to increase the rent or change other parts of the rental agreement, such as limiting or remov...
Grasp Massachusetts landlord-tenant laws, including security deposits, rent increase limits, and landlord/tenant rights and responsibilities. Michigan State Law 9 min read Michigan Eviction Process & Laws: A Guide for Landlords Evictions aren’t easy for anyone, but it’s a reality of property ow...
Month-to-month leaseThis type of agreement only establishes a tenant's right to rent the property for a month at a time. All the terms of the agreement, including the rent, are subject to change on a monthly basis (subject to any notice requirements under the agreement or state law). ...
A rent increase can happen if these terms are in the original lease. Move Forward With Confidence Can landlords unilaterally change rules mid-lease without agreement from the tenants? No, absolutely not. The only way you can change an ongoing lease agreement as a landlord is to wait for the...
to 20% less than the Emirate’s average rent. However, for different properties, the rent increase will be made in accordance with theRERA Rent calculator. The landlord can also increase the rent when the lease is renewed, provided they notify the tenants 90 days in advance in written form...
4 Rent Payment Options to Avoid Landlords can also refuse to accept certain forms of rent payment from these tenants. These forms can be hard to record or could even lead to fraud. The four payment options to avoid include: Cash:Do not allow your tenants to pay their rent in cash as it...