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In this article, we will explain the process for renewing a tenants lease in six steps. 1 Review the lease terms. 2 Negotiate the renewal terms. 3 Prepare the renewal agreement. 4 Sign and deliver the renewal agreement. 5 Confirm the renewal with your tenant. 6 Monitor and maintain the lease relationship.
If the original term was for 12 months or more, or there have been a series of agreements for six months or more, the landlord may likewise be able to terminate the lease with at least 60 days written notice under RCW 59.18. 650(1)(c). They have to serve written notice consistent with RCW 59.12. 040.
The renewal notice should include the names and contact information of both parties, the property address, a reference to the original lease, and any changes to the terms. Reply to the tenant within 30 days to ensure at least 60 days for finding a new tenant if needed.
Put it in writing Your name, current address and contact information. Date the lease extension request is submitted. Length of the lease extension, including the proposed end date. Reasons for extension. Date by which you need a decision, usually 10 days to two weeks.
What details to include in your lease renewal letter: The date of the lease renewal notice. The expiry date of the current lease. The length of the lease renewal. Eg. 1 year, 6 months, etc. The rent amount for the new lease agreement. The date by which you need their response and how they can contact you.
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A lease renewal letter should include the following information: Landlord/Property manager name and address. Tenant name and address. Date of letter. Rental term. Monthly rent amount. Rent increase/decrease (if necessary) Landlord/Property managers signature.
For tenancies 6 months-3 years, must give 60 days notice or tenant can stay for 60 days. For tenancies over 3 years, must give 120 days notice or tenant can stay for 120 days.)
A lease renewal is when the tenant and landlord agree to another lease term, which may require creating a new lease with updated clauses and a higher rent price in most cases. A lease extension is when tenants need the term extended for a certain period with a lease amendment.

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