Updated over 7 years ago on . Most recent reply
Raising rent on Month to month
On m2m lease how do you raise the rent? Send a email & letter obviously but do you have them sign it or is a 60 day notification sufficient? I know I only need to give 30 day notice but I like to give 60. Do you do the same for any changes in lease? Do you need formal language? I know I might be over analyzing things, just looking for opinions. There's plenty of them on here, but that's a good thing, right.
Most Popular Reply
Just send a letter notifying them of the change 60 days out. "Dear Tyler Tenant, As of September 1, 2018 your rent due each month on the first will be $500. This is an increase from your previous rent of $450. If you wish to vacate please be aware that your lease requires that you provide a 45 day notice."