What is a lease agreement renewal letter?
A lease agreement renewal letter is a document used to request the continuation of a lease term. It is sent by a tenant to their landlord to express their intention of extending the existing lease agreement. This letter serves as a formal notice and helps in initiating the process of renewing the lease.
What are the types of lease agreement renewal letters?
There are two main types of lease agreement renewal letters:
Lease Renewal Letter with Rent Increase: This type of letter is used when the landlord wants to increase the rent for the renewed lease term. It includes a request for the tenant to consent to the new rental amount.
Lease Renewal Letter without Rent Increase: This type of letter is used when the landlord and tenant have agreed to continue the lease term without any changes to the rent amount.
How to complete a lease agreement renewal letter
To complete a lease agreement renewal letter, follow these steps:
01
Include the current date and your contact information at the top of the letter.
02
Address the letter to your landlord, using their full name and address.
03
Clearly state your intention to renew the lease agreement and mention the current lease term.
04
Specify the desired length of the renewal term, whether it's for another year or a different duration.
05
If applicable, mention any changes or requests regarding the lease terms, such as rent increase or modifications to the agreement.
06
Express gratitude for the opportunity to renew the lease and mention your positive experience as a tenant.
07
Include any additional information or documentation required by your landlord.
08
Close the letter with your name and contact information.
09
Sign the letter and send it to your landlord via certified mail or through any preferred method as mentioned in your original lease agreement.
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