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Lease renewals are crucial for property managers to maintain a stable and efficient rental process. Addressing lease renewals early and often helps keep tenants in their apartments, making everyone's life easier - from property owners to maintenance teams. By asking difficult questions about lease renewals, property managers can provide better service and ensure tenants have the opportunity to stay in a place they love. Neglecting to address lease renewals can lead to missed opportunities and tenants being unhappy in a new living situation.