Notice of Rent IncreaseIf a landlord wishes to increase the rent on a residential property, issuing a Notice of Rent Increase would be in order. With the notice, the landlord can officially notify their tenant of any change in the cost of rent. A Notice of Rent Increase also serves as a legal record in the event that the tenant fails to comply with the new rent.What Is a Notice of Rent Increase?When a landlord leases their residential property to a tenant, the cost of the rent is agreed upon by both parties and usually recorded in a lease agreement. If the lease agreement allows the landlord freedom in changing the amount of rent due after a period of time, the landlord can issue a Notice of Rent Increase to formally notify the tenant of higher rent going forward (starting from a date specified in the notice).This is a notice of a future rent increase that effectively enables the tenant to prepare for the higher rent. However, if the original lease agreement explicitly prohibits the landlord from increasing rent, the tenant is under no obligation to pay the higher rate.A landlord can always use a Notice of Rent Increase to inform a tenant that any lease renewal would come with a higher rent, in which case the notice is usually issued 60 days before a lease agreement is to expire.Other Names for Notice of Rent IncreaseDepending on your state, a Notice of Rent Increase may also be known as: Notice to Increase Rent Rent Change Notice Letter to Increase Rent Rent Increase Notice Who Needs a Notice of Rent Increase?Any landlord who would like to collect a higher rent should use a Notice of Rent Increase to inform tenants of the proposed change. With the notice, a landlord can prove that the rent increase has been communicated to the tenant. A landlord can also use the notice as a formal document in court should a tenant fail to comply with a legal rent increase.Why Use 360 Legal Forms for Notice of Rent Increase?Customized for you, by youCreate your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Notice of Rent Increase.Specific to Your JurisdictionLaws vary by location. Each document on 360 Legal Forms is customized for your state.Fast and easyAll you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.How to Create a Notice of Rent Increase With 360 Legal FormsCreating your Notice of Rent Increase gets a lot easier if you know your state laws. Let 360 Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.What Information Will I Need to Create My Notice of Rent IncreaseTo create your document, please provide: Landlord Information: The legal name, address, and contact number of the landlord Tenant Information: The legal name, address, and contact number of the tenant Property Location: The address of the rental property Lease Information: Details about the start and end date of the lease agreement Rent Information: Details about the current rent and the proposed rent increase Effective Date: The date when the new rent is to become effective Notice of Rent Increase Terms The Landlord: The person or company that owns the rental property The Tenant: The person or entity renting the property New Rent: The increased amount of rent due Premises: The confines of the rental property Notice of Rent Increase Signing RequirementsThe landlord should sign the Notice of Rent Increase, as should the individual delivering the notice to the tenant, if different from the landlord. You do not have to get the document notarized.What to Do With Your Notice of Rent Increase?After printing out a copy, signing it, and arranging to have it delivered to the tenant, the landlord should keep a copy of the notice in their records, preferably together with the original lease agreement.