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The Lease Renewal Form With Rent Increase is utilized when a landlord wishes to continue renting to an existing tenant while adjusting the rental rate. This document is essential in the United States real estate market, where proper documentation of lease renewals and rent increases is required for legal compliance and record-keeping. It includes critical information such as the new rental amount, renewal period, and confirmation of continuing terms from the original lease. The form ensures compliance with federal Fair Housing laws, state-specific landlord-tenant regulations, and local rent control ordinances where applicable.
