Commercial Lease Renewal Letter To Landlord Sample

When the lease time is about to expire the tenant needs to send a lease renewal letter to the landlord for a lease renewal.
Commercial lease renewal letter to landlord sample. In this particular lease renewal letter the landlord has laid out different options that the tenant can use if he wishes to keep on leasing there. Include the renewal terms the. The letter contains the references to the lease contract. The longer the span of the term the lower the total price gets.
Dear landlord s name property manager s name apartment manager s name. When a tenant s lease is coming to an end a lease renewal letter can be sent by either the tenant or the landlord to request that steps be taken to renew the lease. This is a lease renewal letter template that is written by the tenant of a residential apartment to the landlord to request them to renewal their stay in the residence. This letter is to inform you that hty industries will not be renewing that lease and we will be moving to a new location.
After offering a lease renewal it s time to wait for a reply. A lease renewal request letter is a letter given by the tenant to the landlord requesting that the tenant s lease be renewed when a tenant s lease is about to expire and the tenant wishes to continue occupying the rental property for another term the tenant can send this request to the landlord who will consider the request and either accept or refuse to grant the renewal. A landlord may want the tenant to renew the lease because he or she has always paid the rent on time. He will have the option to keep on leasing on a month to month basis every 6 months or every year.
I am writing regarding the renewal of my lease at your address. Start with the title section think of this letter as a formal communication from. If you don t hear back by the deadline you should follow up with your tenants. The suggestions regarding rental increase or maintenance.
A timely notification provides the property owner with time to secure a new tenant for the space and helps ensure the business will recoup its security deposit. Request to reduce monthly rent payment. Landlord s address city state zip code re. The starting and expiry dates of the lease are important in this letter.
You can send the renewal offer as a letter deliver it in person or send it as an email. Over the past two years our business has grown to the point where it made sense to invest in buying our own building. Businesses that rent commercial space from a landlord must notify the landlord in writing if the lease will not be renewed. The template is fully customizable and is prepared using formal language and style so as ensure the tenant requested is approved.
The commercial lease between hty industries and top properties incorporated expires on december 1 2014. Here are some tips for writing a commercial lease renewal letter for your tenants. I moved into my unit on lease start date and my lease ends on lease end date. Whichever way you choose make sure to have it in writing for your records.