It is also important to keep communication open in times of financial difficulty. Simply withholding rent or ignoring the owner`s calls is not conducive to a fair agreement. However, if you wish to renew the lease after this period, I will increase the rent by $50 per month. I hope that this renewal agreement will be approved. Please contact me at the phone number or email address if you have any questions. This PDF model for lease renewal contracts helps you get your lease renewal contract immediately! Creating legal documents such as contracts takes a long time to think about what they should respect and what they should have in your document. With this model, you can simply add the necessary details to the property to rent, the conditions, duration and name of the contractor and you are well to go! The lease between the parties on the property in 2410 Eagles Nest Drive, FARMERSVILLE, Ohio, 45325 began on Tuesday, January 8, 2019 and was scheduled to expire on Wednesday, January 8, 2020; This letter can also be written by the landlord to his tenant if he wants the tenant to continue to use his land. This usually occurs when the tenant is on time to pay the rent and has complied with all the terms of the contract since the contract was concluded. Name of LandlordAddress of LandlordCity, State, Zip CodeDATEName by TenantAddress of Tenant City, State, Zip CodeRE: Extension of Lease of Property at ADDRESS OF PROPERTYDear Name of Tenant:Your lease for the above-mentioned property expires in two months, 60 days, to date. You would choose one of the options (A or B or C or D) in our sample letter below.
Note that you don`t need to accept your landlord`s first response if it doesn`t relieve your financial situation. Get back in touch with the owner and negotiate the option you requested first or offer one of the other options. Small entrepreneurs may be asked to make available to the lessor revenue figures and/or operating accounts when they request and motivate rental facilities. The main reason a lessor would issue a relapse letter is to inform the tenant that the lease expires and that they wish to propose a new lease. In the lease renewal letter, you can indicate whether your tenant must follow the same conditions or if you give them other conditions. If the landlord cannot pay off part of the rent as mentioned above, a third option is to apply for payment leave in your letter to the lessor to renew a tenancy agreement.