Commercial Lease Renewal Letter Sample

Are you looking for a Commercial Lease Renewal Letter Sample to help you navigate the process of renewing your lease agreement? Look no further! In this article, we provide examples of Commercial Lease Renewal Letter Samples that you can use as a template and customize to suit your specific needs.

Understanding the Importance of Commercial Lease Renewal Letter Sample

Renewing a commercial lease can be a complex process, and having a well-crafted renewal letter is essential for ensuring a smooth transition. Here are some key points to consider:

Provides a formal request for lease renewal
Sets out the terms and conditions of the lease renewal
Establishes clear communication between the landlord and tenant
Helps to avoid misunderstandings or disputes

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Example of Commercial Lease Renewal Letter Sample:

Dear [Recipient’s Name],

I am writing to formally request the renewal of our commercial lease agreement for the [Property Address]. Our current lease is set to expire on [Current Lease Expiry Date], and we would like to extend the lease for an additional [Term of Renewal] years.

We have been very satisfied with the property and the terms of our current lease and would like to continue our tenancy. We are committed to maintaining the property in good condition and meeting all lease obligations.

As part of the lease renewal, we would like to propose the following terms:

Renewal term: [Term of Renewal] years
Rent amount: [Proposed Rent Amount] per month
Lease commencement date: [Proposed Commencement Date]
Any other specific terms or conditions

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We believe that these terms are fair and reasonable and hope that they meet with your approval. We are open to discussing any modifications or adjustments as needed to reach a mutually beneficial agreement.

Thank you for your attention to this matter. We look forward to continuing our tenancy at [Property Address] and appreciate your prompt response to this request.

Sincerely,
[Your Name]
[Your Title]
[Company Name]
[Contact Information]