Notice of rent increase forms are documents which should be sent by a landlord to his property tenants in order to inform them about the new fees and amounts to be paid in lieu of the finalized rent increase. With the form, the property owner and the landlord will also be able to inform tenants about the details and explanations as to why the increase is necessary and when it shall be executed.
Notice of Rent Increase Form Sample
Notice of Rent Increase Form in DOC
Essential Parts of a Notice of Rent Increase Form
Regardless of the variety of notice of rent increase form which will be used by landlords for their tenants and renters, the form must have the following sections and contents for it to be an effective and efficient document in delivering ample information for notifying the tenants:
- The information of both parties: This refers to the names and the contact information of both the landlord and the tenant. In addition, if the landlord is managing several types of tenancies or leases, then he should also disclose the type of lease that the tenant is bound into either it is a fixed term lease, periodic lease, or a month-to-month rental. The date when the tenant started to rent the property and when expected termination or end date of the lease can also be included in this section of the form.
- The rent increase information and details: This part of the form is for stating the percentage or the amount which will be added to the previous rental payments of the tenant to acquire the new rental amount. The preferred starting date of the landlord and the reasons or grounds of the increase will also be specified in the form along with the payment methods and exceptions.
- Affirmation and declaration statement: In every contract form or agreement which will be signed by a landlord and a tenant, there should be a statement which indicates the affirmation of the signing party towards the accuracy of the information disclosed in the form. Furthermore, the date when the statement was signed will also have to be included along with the name of the party who signed and sent the notice.
Basic Notice of Rent Increase Form
Residential Rental Units Notice of Rent Increase Form
State Notice of Rent Increase Form
Varieties of Notice of Rent Increase Forms
Fixed Term Tenancy Notice of Rent Increase Form – In a fixed term tenancy, the tenant will be required to remain in the lease contract for a specified amount of time as agreed and mandated by the landlord. For this type of tenancy or lease, the landlord will need to use a fixed term tenancy notice of rent increase form for his tenants. In the form, there are four sections which should be filled out by the landlord. The first section is intended for the basic data of the tenant such as the tenant’s title, name, and the address of the property where the rent increase will be observed. Additionally, this section also contains the details of the increase including the starting date of the increase along with its amount and the clause in the tenancy agreement which regulates the increase and rental payments.
Fixed Term Tenancy Notice of Rent Increase Form
The second section of the form is the service of notice section which is for enlisting the rules and regulations to be followed by the landlord in serving the notice to the tenant. In the third section, on the other hand, the State act which protects the privacy of the tenant’s information will be indicated while the fourth section is for the unattested declaration.
Housing Department Notice of Rent Increase Form – Each State, city, or country have varying laws regulating tenancy and rental concerns, and one of the most common is requiring landlords to allocate a specific period or a number of days prior to increasing the rental payments to allow tenants in submitting petition forms to the authority. With this, a housing department notice of rent increase form will be used. The form will not only indicate the amount to be increased by the landlord but also the number of days before the increase will take place and the amount of the previous rental payments to provide a comparison between the new and the old financial obligations of the tenant. Moreover, a section which states the contact information of the authority to call for filing petitions and tenancy complaints will also be included in the form to inform the tenant about his rights.
Housing Department Notice of Rent Increase Form
Manufactured Home Pad Notice of Rent Increase Form – Owning a house is one of the most common dreams of the population, however, owning land or a lot to build the house is another dream to pursue. This is the reason why manufactured homes or mobile homes are built. With a manufactured home, an individual will be able to transfer or relocate his house anywhere he prefers for as long as a land area is for rent. Specifically, if the landlord of a manufactured home pad will be increasing the rental payments, then he must send a manufactured home pad notice of rent increase form to his tenants.
Manufactured Home Pad Notice of Rent Increase Form
Four sections comprise the form, however, the last section is only for the instructions and the guide to be followed by both the tenant and the landlord. The first two sections are for the general information of both parties while the third section states the particulars of the increase including the reason of the landlord as to why the increase is to be mandated and when he will begin collecting the new rent amount.
Tenant’s Reply to Notice of Rent Increase Form – As compared to the aforementioned form varieties, this document is to be completed by the tenant to inform the landlord about his response to the notice form. Basically, the tenant will need to indicate his response, either he accepts or refuses the increased rent amount, or if he will not be renewing the lease due to the increase and will be vacating the property as soon as he reaches the termination date.
Tenant’s Reply to Notice of Rent Increase Form
To conclude, notice of rent increase forms serve as a communication tool for the parties of a lease or rental agreement since it allows both parties to be notified about the needs and concerns in relation to the increased lease amount.
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