Business OS
Finance & AccountingCredit & Collections

Notice of Change in Rent

This template is used to formally notify a tenant of a change in their rent amount. It outlines the new rent, effective date, and any other relevant terms.

Updated 16d ago
rentnoticeleasetenantlandlordproperty managementrental agreementSouthern Africa

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Notice of Change in Rent

Notice of Change in Rent

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

NOTICE OF CHANGE IN RENT

Date: {{current_date}}

Recipient Information

Tenant Name: {{tenant_name}}

Property Address: {{property_address}}

Existing Rental Agreement Details

This notice refers to the rental agreement for the property located at {{property_address}}, entered into on {{original_lease_start_date}}, between {{landlord_name}} (Landlord) and {{tenant_name}} (Tenant).

Notification of Rent Change

Please be advised that the monthly rent for the above-mentioned property will be adjusted from its current amount of {{old_rent_amount}} to a new amount of {{new_rent_amount}} ({{new_rent_amount_words}}).

Effective Date of Change

This change in rent will become effective on {{effective_date}}.

The first payment of the new rent amount will be due on {{first_new_rent_due_date}}.

Reasons for Rent Modification (Optional)

The rent adjustment is due to {{reason_for_rent_increase}}.

Payment Instructions

All other terms and conditions of the original rental agreement dated {{original_lease_start_date}} remain in full force and effect.

Payments should continue to be made via {{payment_method}} to {{payment_receiver_details}}. Please update any standing orders or direct debit instructions accordingly.

Acknowledgement of Receipt

Please acknowledge receipt of this notice by signing and returning a copy to us at your earliest convenience. Your continued tenancy after the effective date will signify your acceptance of the new rental terms.

Contact Information

Should you have any questions or require further clarification, please do not hesitate to contact us at {{phone}} or {{email}}.

Sincerely,

_____________________________

{{landlord_name}}

{{landlord_title}}

Date: _______________________

Related templates