Lease Increase Letter

Lease Increase Letter Template for Philippines

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Key Requirements PROMPT example:

"I need a Lease Increase Letter for my residential property in Manila, implementing a 5% rent increase effective March 1, 2025, with the letter to be sent to a single tenant who has been occupying the property for three years."

Document background

The Lease Increase Letter is a crucial document in Philippine property management, used when property owners or managers need to implement a rental rate adjustment. This document must strictly adhere to the Republic Act 9653 (Rent Control Act) and related Philippine legislation, which regulate rental increases, particularly for residential properties. The letter serves as official documentation and legal notice of the intended increase, typically requiring at least 30 days' notice before implementation. A properly drafted Lease Increase Letter should clearly state the current rent, the proposed increase, effective date, and confirmation of compliance with legal requirements. It's essential for maintaining transparent landlord-tenant relationships and ensuring legal compliance in rental property management.

Suggested Sections

1. Date and Address Block: Current date and complete contact information for both landlord and tenant

2. Subject Line: Clear indication that this is a Rent Increase Notice for the specific property

3. Property Details: Complete address and identification of the rental property

4. Current Rent Statement: Statement of the current rental amount and payment terms

5. Increase Details: Clear statement of the new rental amount and the percentage increase

6. Effective Date: Specific date when the new rental rate will take effect, ensuring compliance with notice requirements

7. Legal Compliance Statement: Statement confirming the increase complies with RA 9653 and other applicable laws

8. Payment Instructions: Details of how and when to pay the new rental amount

9. Closing: Professional closing with landlord's signature block and contact information

Optional Sections

1. Multiple Property Details: Include when the increase applies to multiple properties under the same tenant

2. Justification Section: When necessary to explain the reasons for the increase, such as increased maintenance costs or property improvements

3. Payment History Reference: Include when highlighting tenant's good payment history while implementing the increase

4. Meeting Request: Option to include a paragraph offering to discuss the increase in person

5. Local Government Compliance: Include when specific local government requirements need to be addressed

Suggested Schedules

1. Rent Increase Calculation Sheet: Detailed breakdown showing how the new rent was calculated and compliance with legal limits

2. Property Maintenance Record: Optional attachment showing recent improvements or maintenance justifying the increase

3. Copy of Current Lease Agreement: Reference document showing original terms and conditions

4. Local Government Certificates: Any required permits or certificates from local authorities regarding the rental increase

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Retail Space Leasing

Office Space Management

Industrial Property Management

Mixed-Use Development

Student Housing

Senior Living Facilities

Relevant Teams

Legal

Property Management

Real Estate Operations

Asset Management

Tenant Relations

Compliance

Administrative

Operations

Facilities Management

Document Control

Relevant Roles

Property Manager

Real Estate Manager

Leasing Administrator

Property Administrator

Building Manager

Asset Manager

Legal Counsel

Real Estate Agent

Leasing Officer

Property Operations Manager

Compliance Officer

Tenant Relations Manager

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Legal Notice For Rent Increase

A formal notice document used in the Philippines to inform tenants of a rental price increase, complying with local property laws and regulations.

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Let's create your Lease Increase Letter

Authors

Alex Denne

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