Updated almost 7 years ago on . Most recent reply

Lease renewal signed - Should I print another lease?
60 Days before a lease is to end my tenants have a lease renewal option form. They choose the option they'd like - 1 Year, 6 Months or Month to Month, Sign and date it and get it back to me. At this point, do I need to reprint their lease and have them and myself sign and date it. OR can their signing the renewal form serve to continue the lease terms from before?
Thanks for any input.
~Lynel
Most Popular Reply

You should make a lease addendum that has all of the new information in it. New lease rate if it is different from the original rate. The new dates that the lease is effective for etc. You need a document that has both parties signatures on it.