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60 Day Notice For Rent Increase

60 Day Notice For Rent Increase Template for Philippines

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Key Requirements PROMPT example:

60 Day Notice For Rent Increase

"I need a 60 Day Notice For Rent Increase for my residential apartment unit in Manila, planning to increase the monthly rent from 15,000 to 15,300 PHP effective March 1, 2025, ensuring compliance with the Philippine Rent Control Act."

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Document background
The 60 Day Notice For Rent Increase is a crucial legal document used in the Philippine real estate market when property owners or managers need to implement a rent increase. This notice is mandated by Philippine law, specifically the Rent Control Act of 2020, which requires landlords to provide tenants with at least 60 days' advance written notice before any rent increase can take effect. The document must include specific details such as the current rent amount, the proposed new amount, the effective date of the increase, and any relevant calculations or justifications. It's particularly important for residential properties under rent control, where annual increases are capped at specific percentages. The notice serves both as a legal requirement and as a formal communication tool to maintain transparency in landlord-tenant relationships.
Suggested Sections

1. Letterhead and Date: Landlord's complete name, address, and contact information, along with the current date

2. Tenant Information: Complete name and address of the tenant(s), including the specific unit number

3. Subject Line: Clear indication that this is a notice of rent increase

4. Current Lease Details: Reference to the current lease agreement, including its date and current rental amount

5. Notice of Increase: Clear statement of the new rental amount and the effective date (must be at least 60 days from notice date)

6. Legal Compliance Statement: Statement confirming compliance with the Rent Control Act and applicable laws

7. Payment Instructions: Details of how and where to pay the new rental amount

8. Closing and Signature: Professional closing, landlord's signature, and printed name

Optional Sections

1. Calculation Breakdown: Detailed breakdown of how the increase was calculated, particularly useful when including utility adjustments or when following specific local ordinance requirements

2. Tenant Rights Statement: Additional information about tenant rights under Philippine law, recommended when dealing with residential properties under rent control

3. Maintenance Updates: Information about any improvements or maintenance work that justifies the increase, if applicable

4. Contact Information for Queries: Dedicated section with specific contact details for tenants who have questions about the increase

Suggested Schedules

1. Rent Calculation Schedule: Detailed breakdown of the rent increase calculation, including base rent and any additional charges

2. Copy of Relevant Lease Provisions: Excerpts from the original lease agreement relating to rent increases

3. Receipt Acknowledgment Form: Form for tenant to sign and return, acknowledging receipt of the notice

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

Residential Property

Commercial Property

Retail Property

Office Space

Industrial Property

Property Management

Housing and Development

Relevant Teams

Property Management

Real Estate Operations

Leasing Administration

Legal Affairs

Tenant Relations

Asset Management

Building Operations

Compliance

Document Administration

Real Estate Services

Relevant Roles

Property Manager

Real Estate Manager

Leasing Manager

Property Administrator

Real Estate Administrator

Landlord

Building Manager

Asset Manager

Leasing Officer

Property Management Director

Real Estate Operations Manager

Tenant Relations Manager

Legal Compliance Officer

Real Estate Attorney

Property Management Coordinator

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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