Document background
A Lease Increase Letter is a critical document used in Australian property management to formally notify tenants of an upcoming rent increase. This document must be used whenever a landlord or property manager intends to increase the rent on a property, whether residential or commercial, and must be issued within the notice periods specified by relevant state or territory legislation. The letter typically includes the current rent amount, the new rent amount, the effective date of the increase, and confirmation of the notice period. In Australia, specific regulations govern the frequency of rent increases and required notice periods, which vary by state/territory. The document serves both as a legal notice and a formal communication tool, helping maintain clear records of rental adjustments and ensuring compliance with Australian tenancy laws.
