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The Lease Renewal And Rent Increase Letter is a crucial document in Philippine property management, used when an existing lease is approaching its expiration date and the landlord wishes to continue the tenancy with adjusted rental terms. This document must be prepared in accordance with Philippine law, particularly considering the Rent Control Act which sets maximum allowable rent increases for covered residential properties. The letter serves multiple purposes: it formally notifies the tenant of the landlord's intent to renew, specifies the proposed rent increase, outlines any changes to existing terms, and provides a timeframe for the tenant's response. Typically issued 30-60 days before the current lease expires, this document helps maintain clear communication and legal compliance while providing both parties with written documentation of the proposed changes.

1. Letter Header: Complete contact information of the landlord/property manager, date, and proper addressing to the tenant

2. Reference Line: Clear reference to the existing lease agreement including its date and property address

3. Opening Statement: Formal acknowledgment of the current lease and its approaching expiration date

4. Renewal Proposal: Clear statement of intent to renew the lease and the proposed new term

5. Rent Increase Notice: Specific details about the new rental amount, ensuring compliance with Philippine Rent Control Act limitations

6. Effective Date: Clear statement of when the new rent amount and renewal term will take effect

7. Current vs New Terms: Brief comparison of current and proposed new rental terms

8. Response Timeline: Deadline for the tenant to respond to the renewal offer

9. Closing: Professional closing statement with clear contact information for questions or discussion