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I'd like to renew the annual lease for my tenant. The lease is made of 3 parts. Part 1 is the lease itself (5 pages). Part 2 are the addendums that are parts of the lease (20 pages). Part 3 is move-in move-out itemized checklist that was signed by tenant when they first moved in (5 pages).
Questions:
1-Do I need to give them the whole bunch of papers (30 pages) to sign again or just the lease itself is sufficient for renewal?
2-In this case, do the addendums and move-in / move-out statement stay still valid until move out or do they also need to repeat every year with lease renewal?
When I've renewed I've just had to sign one sheet of paper for the new year with it stating that it extended the lease or something. Don't recall the exact way it stated it.
When I've renewed I've just had to sign one sheet of paper for the new year with it stating that it extended the lease or something. Don't recall the exact way it stated it.
If they aren't moving out or in, we don't have them complete a move-out or move-in inventory on a renewal.
We do have them sign the whole lease and any addendums.
we do a new lease with some of our tenets and lease states that there may be changes when renewing hence the addendum's that are listed. like this winter one tenet took to parking on the grass instead of lot across the street that is parking all 3 tenets leases are up next month or june so one addendum states vehicle will be towed if parked in yard on the lawn, that this is their one warning . and each apartment has a usage meter for water. excessive usage will be charged.(due to leaking faucet one tenet did not report was not a drip was full boar running) so it is a good idea
If your lease has a renewal clause you don't need to do anything. Everything that applied a year ago applies now.
If you have no renewal clause simply write a agreement stating you and tenant agree to extend the current/existing lease that began on such and such date at such and such property in it's entirety for another X months or year etc. you both sign and you're done.
Now if you want to make changes to the existing lease other than renewal as is sign a new lease.
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