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$2.95JUNE 2020Monthly Webinar Schedule for Multifamily NW Page 5Cities That Keep the Most Jobs During Economic Downturns Page 6How Strain From Pandemic Has Affected One Business Page 8EUGENE SALEM
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How to fill out rent increases could flatten

01
Determine the current rental rate and the amount of increase allowed by local laws.
02
Provide written notice to the tenant of the rent increase at least 30 days in advance.
03
Include the new rental rate and effective date of the increase in the notice.
04
Keep a copy of the notice for your records.
05
Follow up with the tenant to ensure they have received and understood the notice.

Who needs rent increases could flatten?

01
Landlords who want to raise the rent for their tenants.
02
Property managers responsible for handling rent increases for rental properties.
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Rent increases could flatten refers to a situation where the rate of increase in rental prices stabilizes, resulting in minimal or no growth in rent levels over a certain period.
Typically, landlords or property management companies are required to file any proposed rent increases with the appropriate regulatory body or agency.
To fill out rent increases, landlords must complete the required forms provided by the local housing authority, detailing the proposed increase, rationale, and any supporting documentation.
The purpose of rent increases could flatten is to regulate rental prices, providing stability for tenants and preventing sudden spikes in housing costs.
Information that must be reported includes the current rent amount, proposed rent increase, duration of the increase, reasons for the increase, and tenant details.
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