Are you looking for a Rental Lease Renewal Letter Sample to use as a template for your own lease renewal communication? Look no further! Below, you will find examples of Rental Lease Renewal Letter Sample that you can customize to suit your specific needs. Feel free to modify these samples as needed to ensure that they reflect your unique situation.
Explanation of Rental Lease Renewal Letter Sample
When it comes time to renew a rental lease, it can be helpful to have a well-crafted letter to send to your landlord or property management company. A Rental Lease Renewal Letter serves as a formal notification of your intention to renew your lease for another term. It outlines the terms of the renewal, including any changes to the lease agreement, such as rent increases or modifications to the lease terms.
- Notifying your landlord of your intention to renew the lease
- Outlining any changes to the lease agreement
- Clarifying the terms of the renewal
Example of Rental Lease Renewal Letter Sample
Dear [Recipient’s Name],
I am writing to inform you of my intention to renew the lease for the property located at [Address]. I have thoroughly enjoyed living in this property over the past year and would like to continue my tenancy for another term.
As we discussed previously, I would like to propose a slight increase in the monthly rent to reflect current market rates in the area. I believe this adjustment is fair and reasonable given the current rental market conditions.
Please let me know if you require any additional information or if there are any specific terms or conditions you would like to discuss further. I am more than willing to accommodate any reasonable requests in order to facilitate a smooth renewal process.
Thank you for your attention to this matter. I look forward to continuing my tenancy at your property and appreciate your prompt response to this renewal request.
Sincerely,
[Your Name]