Greetings and Happy New Year! When it is time for a lease renewal, how do you decide whether to write another complete lease or simply a 1-page lease extension that refers to the original?
If it is my original lease then I would just do an addendum. If it was an inherited tenant then I would do a new lease.
Our attorney suggest that we always do a new lease, but we also update our lease each year with any new statute changes, or anything else we deem appropriate or need. Also people seem to forget what their lease did and didnt say