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- As a landlord, you want to keep good tenants in your rental property. Lease renewals can help achieve this goal while ensuring that both parties are on the same page. In this video, well cover everything you need to know about lease renewal letters, including the purpose, how to write one, and where to find free templates. So if youre ready to learn more about lease renewals, then lets get started. (upbeat music) When should landlords send a renewal letter to tenants? Ideally, landlords should send tenants a lease renewal letter with enough time. With this document, they know the lessees decision and prevent their rental business from stopping if those who occupy the property plan to leave. If they decide not to continue with the agreement, property owners must also notify lessees as soon as possible to make sure they have enough time to find a new tenant. However, some states have a set timeframe indicating when landlords are required to send tenants a lease renewal letter. The
