What is a friendly rent increase letter?

A friendly rent increase letter is a written communication from a landlord to a tenant, informing them of an upcoming rent increase. It is called "friendly" as it aims to maintain a positive and respectful relationship between the landlord and tenant throughout the process.

What are the types of friendly rent increase letter?

There are two main types of friendly rent increase letters: 1. Informative Letter: This type of letter simply informs the tenant about the upcoming rent increase, providing details such as the new rent amount, effective date, and reasons for the increase. 2. Negotiation Letter: In some cases, landlords may be open to negotiating the rent increase with the tenant. This type of letter expresses the landlord's willingness to discuss the rent increase and encourages the tenant to initiate a conversation.

Informative Letter
Negotiation Letter

How to complete a friendly rent increase letter

Completing a friendly rent increase letter can be done in a few simple steps: 1. Start with a professional salutation: Address the tenant by name and use a polite and friendly tone throughout the letter. 2. Clearly state the purpose: Begin the letter by explaining that it is regarding a rent increase and briefly mention the reasons for the increase. 3. Specify the new rent amount: Clearly state the new rent amount and the effective date of the increase. 4. Offer additional information: Provide any additional details or terms related to the rent increase, such as payment methods or any changes in lease terms. 5. Express willingness to discuss: If applicable, mention that you are open to discussing the rent increase with the tenant and encourage them to reach out. 6. End with a polite closing: Thank the tenant for their understanding and cooperation and provide appropriate contact information for any further communication.

01
Start with a professional salutation
02
Clearly state the purpose
03
Specify the new rent amount
04
Offer additional information
05
Express willingness to discuss
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End with a polite closing

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Video Tutorial How to Fill Out friendly rent increase letter

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Questions & answers

I wanted to send a note as my lease is expiring in # months and I'd love to get some clarity on the renewal. I've enjoyed my time in this apartment and would love to stay another # years. Given my good standing as a tenant, could we renew at the same rate? Happy to sign a renewal now, if we come to an agreement.
The Tenant Protection Act of 2019 (AB 1482) restricts rent increases in any 12-month period to no more than 5% plus the percentage change in the cost of living (CPI), or 10%, whichever is lower. For increases that take effect on or after Aug. 1, 2022, due to inflation, all the applicable CPIs are 5% or greater.
How to Negotiate Your Rent Ask the landlord if rent price is open to discussion. Highlight your strengths as a tenant. Inquire about extending the lease. Offer to end the lease in the summer. Research the property's value. Be open to compromise. Negotiate directly, follow up in writing. Have a backup plan.
Dear {Tenant's Name}, Thank you for entrusting us with your valuable tenancy. This Notice is to advise you that the [$ monthly rent amount] monthly rent for the unit you now inhabit, [Unit Number] at [Property Address], will rise to [$ New Monthly Rent] per month commencing on [Date of Rent Increase].
How Do I Tell My Tenant I Need to Raise the Rent? Remember you're a business. Do your research. Raise the rent all at once or incrementally. Don't negotiate or ask tenants what they think a fair rent increase would be. Be courteous and firm. Find a template you like. Send a formal letter by certified mail.
What to include in a rent increase letter Date of the rent increase letter. Name and information of the tenant and landlord. Property address and unit number (if applicable). Reference the expiration date of the existing lease. Current rent amount. Amount of rent increase. Date the rent increase will go into effect.