A rent increase lease amendment modifies the rent of a tenant’s lease. It includes the modified rent amount, the effective date, and the parties’ signatures. The form provides clarity regarding the rent adjustment and prevents misunderstandings between the tenant and landlord.
A rent increase lease amendment modifies the rent of a tenant’s lease. It includes the modified rent amount, the effective date, and the parties’ signatures. The form provides clarity regarding the rent adjustment and prevents misunderstandings between the tenant and landlord.
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A rent increase lease amendment modifies the rent of a tenant’s lease. It includes the modified rent amount, the effective date, and the parties’ signatures. The form provides clarity regarding the rent adjustment and prevents misunderstandings between the tenant and landlord.
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Landlords cannot increase rent during the lease term unless explicitly outlined in the lease agreement. However, rent increases are typically allowed if the tenant renews for another term.
In these cases, unless state law specifies otherwise, a one-month notice before the new lease term is considered standard.
1. THE PARTIES. This Rent Increase Lease Amendment (“Amendment”) made this [MM/DD/YYYY] , is by and between:
Landlord: [LANDLORD’S NAME] (“Landlord”).
Tenant: [TENANT’S NAME] (“Tenant”).
Landlord and Tenant are each referred to as a “Party” and, jointly, as the “Parties.”
2. EXISTING LEASE. The Parties agree to amend a lease signed by both the Landlord and Tenant on [MM/DD/YYYY] , (“Existing Lease”) for the property located at [PROPERTY ADDRESS] (“Property”).
3. AMENDMENTS. The Parties hereby acknowledge the following amendments:
For the period beginning [MM/DD/YYYY] , the Tenant shall be required to pay $ [MONTHLY RENT] per month in accordance with the terms of the Existing Lease.
The following terms shall be amended: [ADDITIONAL AMENDMENTS]
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
Landlord’s Signature: ___________________ Date: ___________
Print Name: ___________________
Tenant’s Signature: ___________________ Date: ___________
Print Name: ___________________
