Hi all. Can anyone here share with me a “Change of Rent Notice”? Just need a formal doc to send to the tenant on a rent increase. Thanks in advance.
That is a state specific document.
How do you go about finding that document?
It’s a question of state law. For example, some states require the tenancy to be terminated, which means a properly served notice to quit, before a new tenancy at the increased rate is offered. Others allow a simple form. Ask a LL in your local REIA.
My property managers just send my tenants a new lease at the increased rent.