Commercial Lease Renewal Letter To Landlord Sample
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Request to reduce monthly rent payment.
Commercial lease renewal letter to landlord sample. Whichever way you choose make sure to have it in writing for your records. When the lease time is about to expire the tenant needs to send a lease renewal letter to the landlord for a lease renewal. The suggestions regarding rental increase or maintenance. 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. Include the renewal terms the. The longer the span of the term the lower the total price gets. A lease termination letter should be sent.
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 letter is to inform you that hty industries will not be renewing that lease and we will be moving to a new location. 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. 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. Set the stage your letter should have a reference section which would explain its contents. A landlord may want the tenant to renew the lease because he or she has always paid the rent on time. The letter contains the references to the lease contract.
The commercial lease between hty industries and top properties incorporated expires on december 1 2014. If you don t hear back by the deadline you should follow up with your tenants. Dear landlord s name property manager s name apartment manager s name. 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.
Start with the title section think of this letter as a formal communication from. Landlord s address city state zip code re. The starting and expiry dates of the lease are important in this letter. I moved into my unit on lease start date and my lease ends on lease end date.
After offering a lease renewal it s time to wait for a reply. 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. You can send the renewal offer as a letter deliver it in person or send it as an email. After sending the renewal offer.