Rent Increase Renewal Letter

Martha E. Frazier

2523 Drainer Avenue

Tallahassee, FL 32301

Dear Martha E. Frazier,

I hope this letter finds you well. I am writing to notify you about your upcoming house rental renewal formally. Per our previous agreement, your current lease term expires on July 1, 2050.

We want to offer you the opportunity to extend your lease for an additional 24 months at a revised monthly rent amount of $700. This increase aligns with the current market rates and the rising property maintenance costs.

Please take the time to review this proposal and let us know your decision by July 5, 2050. We value you as a tenant and look forward to continuing our positive landlord-tenant relationship. If you have any questions or concerns, please do not hesitate to contact us.

Thank you for your attention to this matter.

Sincerely,

Karole R. Rude

Property Owner