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The 60 Day Notice Of Rent Increase Form is a crucial document in the Indian rental market, designed to facilitate formal communication between landlords and tenants regarding rental price modifications. This document becomes necessary when property owners wish to increase rent in accordance with market conditions or other legitimate factors. It must comply with various Indian state-specific rent control acts and the Model Tenancy Act, 2021, which provide frameworks for rent increases and notice requirements. The form includes essential details such as current and proposed rent amounts, effective dates, and any required justifications. It serves as both a legal notice and a record of communication, protecting the interests of all parties involved while ensuring compliance with statutory notice periods and maximum allowable increase limits.
