Rental Increase Notice Letter

January 1, 2050

[RECIPIENT'S NAME]
[RECIPIENT'S ADDRESS]

Dear [RECIPIENT'S NAME],

I hope this letter finds you well. I am writing to notify you about the changes in the monthly rent for your rental property located at [RECIPIENT'S STREET ADDRESS]. By your lease agreement and my right as a landlord, I am providing a 60-day advance notice for the rent increase which will be effective from March 1, 2050.

The monthly rent is currently $______. As of March 1, 2050, it will increase to $______ per month. Please note, that this rent increase is a necessary step to cover the maintenance and increasing property costs. I assure you that this revision is competitive with current market rates.

I value your tenancy and appreciate your understanding in this matter. If you have any queries, please do not hesitate to contact me at [PHONE NUMBER] or [EMAIL ADDRESS].

Sincerely,

[YOUR NAME]