Providing a brief explanation for the increase helps tenants understand the reasoning behind it. Common justifications include rising property taxes, increased maintenance costs, or adjustments to match the local rental market. Transparency can ease the transition and reduce dissatisfaction. Be specific about the new rent amount, breaking down any additional fees included, if applicable. It helps to highlight the difference between the previous and new rates for clarity. Remind tenants of any changes to payment methods or deadlines, especially if new terms are being introduced. For more info click here #lettertoraiserentexample
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