Finish line in the Lease Renewal effortlessly

Aug 6th, 2022
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How to Finish line in the Lease Renewal

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if you've already subscribed please click the bell button for instant notifications of any new videos jared lyle here with green ocean property manager in today's video i'm going to be talking all about common lease renewal mistakes what does that mean when you own an investment property and you have a tenant in a lease let's just say your lease ends august 31st which is very common in the boston area one of the biggest mistakes that a landlord makes is only sending out that renewal or starting to talk to the tenants in advance of maybe 45 30 days in advance maybe 60 for the majority of landlords that's a huge mistake because you're not going to start early enough and that allows you especially in a bad market to potentially not have the time to find the best tenants for you with green ocean property management we actually start nine months in advance and that allows us to be able to start at the top of the market price you better out and to be able to have a greater amount of people...

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.
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I wanted to send a note as my lease is expiring in # months and Id love to get some clarity on the renewal. Ive enjoyed my time in this apartment and would love to stay another # years. Given my good standing as a tenant, could we renew at the same rate? Happy to sign a renewal now, if we come to an agreement.
State who you are and why you need a rental. Mention where you found their ad and how you can afford the rental. Offer to provide references (work/volunteer/housing office) Include some highlighting feature from the original ad so that when you receive a response you can remember which rental you are talking about (ex.
Dear (Name of landlord or manager), This letter constitutes my written (number of days notice that you need to give based on your lease agreement) -day notice that I will be moving out of my apartment on (date), the end of my current lease. I am leaving because (new job, rent increase, etc.
Lease Renewal means a legal document that extends the period of time that the original lease is in effect. A lease renewal may include minor changes to the original lease such as a change to the rental amount.
I will move out and terminate my lease for the property located at [rental address, including apartment number if applicable] on [move out date]. I am leaving because [relocation, rent increase, etc.] (Note: even if youre moving out because theres something wrong with your rental, be courteous, especially in writing.
For the past (number of days/months/years), I have been living at (address of your current rental). Although my lease does not terminate until (lease termination date), it is necessary that I move out earlier due to (list the specific reason you need to leave, such as family emergency, job relocation, etc.).
Landlords are required to provide notice to tenants if they intend to raise rent more than five percent or if they do not intend to renew the lease. The landlord must provide such notice at least: 30 days in advance of renewal if a tenant has lived in the apartment less than one year and has less than a 12-month lease.

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