Free Notice of Parking Rental Increase Template: Rate Change & Notice

1. Sender and Recipient Details

2. Subject Line

Subject: Notice of Parking Rental Increase – [Parking Space / Permit Number]

3. Opening and Identification of Space

Dear [Mr./Ms./Mx.] [Last Name] / [First Name Last Name],

This letter serves as formal notice that the rental fee for your parking space at:

Property: [Property Name or Address]

Parking Space / Permit: [Space Number, Bay Number, or Permit ID]

will be increased as described below.

4. Current and New Parking Rent

Current Parking Rent: [Current Amount and Currency] per Month

New Parking Rent: [New Amount and Currency] per Month

Effective Date of Increase: [MM/DD/YYYY]

The new rent will apply beginning with the payment due on or after [First Due Date at New Rate, e.g., "01/01/20XX"]. All parking rent due before that date remains at the current rate.

5. Notice Period and Reference to Agreement

This notice is being provided on [MM/DD/YYYY] and is intended to comply with the notice requirements in:

• Your existing parking agreement dated [Original Agreement Date], and/or

• Any applicable building rules or policies.

If you believe this notice does not meet a required notice period under your specific agreement, please contact us at [Contact Phone/Email] so we can review the details with you.

7. Payment Instructions

All payments should continue to be made in the same manner as before, unless you are notified otherwise:

Payee: [Payee Name]

Payment Method(s): [Bank Transfer / Online Portal / Check / Other]

Payment Address or Portal: [Payment Address or Link]

Payment Due Date: [e.g., "1st day of each month"]

8. Option to Discuss or Cancel Parking (If Applicable)

If you have questions about this increase or wish to discuss your parking arrangements, please contact [Contact Person Name] at [Phone Number] or [Email Address].

If you do not wish to continue your parking agreement at the new rate, please provide written notice of cancellation by [Last Date to Give Notice, if applicable], and plan to vacate the space and return any access devices by [Date of Vacating Space]. Any cancellation rights will be handled in accordance with your existing agreement and applicable policies.

9. Confirmation of Continuing Terms

Except for the change in rental amount stated in this notice, all other terms and conditions of your existing parking agreement remain unchanged and in full force and effect.