Document background
The Lease Increase Notice is a crucial document in Australian property management, required whenever a landlord or property manager intends to increase the rent for a leased property. This notice must be served in accordance with state-specific legislation, which typically requires a minimum notice period (usually 60 days) before the increase can take effect. The document helps ensure compliance with legal requirements while maintaining clear communication between parties. A valid Lease Increase Notice must include specific details such as the amount of increase, effective date, and calculation method (whether based on CPI, market review, or fixed percentage). It serves as an important record for both parties and may be required in potential dispute resolution proceedings.
