Rent Increase Notice

[DATE]

[TENANT'S NAME]

[TENANT'S ADDRESS]

RE: Rent Increase

Dear [TENANT'S NAME],

I would like to take this opportunity to advise you of upcoming changes to your rental rate. This adjustment is vital and aligns with our commitment to maintaining a fair and equitable relationship with all our valued residents.

Effective from [EFFECTIVE DATE], your rental rate will be subject to an annual adjustment. The new rate will reflect changes in the cost of living, specifically the inflation rate and significant shifts in the rental market. We will always aim to keep these adjustments within a reasonable and justifiable range.

Rest assured, our main objective remains to offer you a pleasant living environment that is fair in terms of cost. We are confident that the new rental rates will be reflective of the ongoing improvements we are committed to providing in our complexes.

We understand that such changes might raise concerns or questions. Please feel free to get in touch with me directly at [YOUR EMAIL] for any queries that you may have regarding the changes in your rental rate.

Thank you for choosing us as your home and we endeavor to continue working towards improving your living experience.

Best Regards,

[YOUR NAME]

Property Owner