Document background
The Rent Increase Reminder Letter is a crucial document in New Zealand's property management landscape, designed to formally notify tenants of impending rent increases in compliance with the Residential Tenancies Act 1986. This document should be used whenever a landlord or property manager intends to increase the rent for a residential property, ensuring proper notice is given at least 60 days before the increase takes effect. The letter must include specific information such as current and new rent amounts, effective dates, and payment details. It serves multiple purposes: providing legally required notice, maintaining clear communication with tenants, and creating a formal record of the notification. The document must align with New Zealand's tenancy laws, which limit rent increases to once every 12 months and require specific formatting and content to be legally valid.
