Do you make your tenants sign a rent increase notification?

Do you make your tenants sign a rent increase notification?

Rock Hill, SC · Member since 2015 · 104 posts · 209 votes

When you increase the monthly rent, do you make your tenants sign the new form with the increase or do you just send them a notification that it is raising to X amount?

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  • Rental Property Investor · Cherry Hill, NJ · Member since 2015 · 626 posts · 495 votes
    5y

    You don't have an updated lease?

  • Rock Hill, SC · Member since 2015 · 104 posts · 209 votes
    5y

    @Joe Martella I haven’t sent them a new lease in the past, just that the rent was increasing and had green sign. Not sure if a signature is needed though for the increase.

  • Rental Property Investor · Cherry Hill, NJ · Member since 2015 · 626 posts · 495 votes
    5y

    @Michael H. So you are keeping them month-to-month. If you give them notice and they are paying I wouldn’t worry about them signing anything. I figured you would want them on a lease.

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