[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Tenant’s Name]
[Tenant’s Address]
[City, State ZIP Code]
Re: Lease Renewal for [Property Address]
Dear [Tenant’s Name],
I hope this letter finds you well. As the landlord of [Property Address], I am writing to discuss the renewal of your current lease agreement, which is set to expire on [Current Lease Expiration Date].
We have greatly appreciated having you as a tenant and would like to offer you the opportunity to renew your lease for an additional [Proposed Lease Term] (e.g., one year, two years). The new lease term would commence on [New Lease Start Date] and end on [New Lease End Date].
The proposed terms for the lease renewal are as follows:
1. Monthly Rent: [New Monthly Rent Amount]
2. Security Deposit: [Security Deposit Amount] (if changing)
3. [Any Other Changed Terms]
All other terms and conditions of the current lease agreement will remain in effect unless otherwise specified.
If you wish to renew your lease under these terms, please sign and return this letter by [Response Deadline Date]. Upon receipt of your signed agreement, we will prepare a formal lease renewal document for your signature.
Should you have any questions or wish to discuss the terms further, please don’t hesitate to contact me at [Your Phone Number] or [Your Email Address].
We value you as a tenant and hope to continue our landlord-tenant relationship. If you do not wish to renew your lease, please let us know as soon as possible so we can begin the process of finding a new tenant.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Name]
Landlord
Tenant Acceptance:
I, [Tenant’s Name], agree to renew the lease for [Property Address] under the terms specified above.
Signature: __________________________ Date: ______________
