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Updated about 2 years ago,
Missed giving rent increase notice
My tenant's one year lease is up for renewal on 2/1/2023. I just realized I should have given them their lease renewal options on 12/1/2022! I spaced making a calendar reminder.
I am planning on increasing the rent by $120 (5%) upon renewal. Can I renew their lease on 2/1/2023 with the stipulation that the new rent amount will take effect on 3/1/2023 (almost 90-day notice)?
Thanks,
Tom