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Updated over 6 years ago on . Most recent reply

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35
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8
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Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
8
Votes |
35
Posts

What is the best route when renewing a lease???

Samuel J Claeson
  • Rental Property Investor
  • Saint Paul, MN
Posted

Hello,

My current tenant has agreed to stay an additional 14-months (great tenant!) and I'm curious what the best route is to renew a lease?  My first thought is that it would be the easiest to amend the lease end-date...?  If that's the case, does any one have an amendment template that they'd like to share? If not, I'd love to hear what others do.  

FYI The current lease ends March 31, 2019 and it is the MINNESOTA STANDARD RESIDENTIAL LEASE.

Thanks in advance!

Sam

Most Popular Reply

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1,546
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1,634
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Tim Swierczek
  • Lender
  • Saint Paul, MN
1,634
Votes |
1,546
Posts
Tim Swierczek
  • Lender
  • Saint Paul, MN
Replied

@Samuel J Claeson I also do a new lease.  As @John Woodrich mentioned I keep a digital & editable copy of each unit's lease so its not difficult and it allows me to make subtle changes to policy.  

  • Tim Swierczek
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The Tim Swierczek Team - Primis Mortgage

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