How to Fill Out a Non-renewal Letter?
Remember that you should provide sufficient notice to your tenant. Check your state laws to make sure your notice complies with them.
Step 1 – Write who sends the notice and to whom it is sent
The names of the landlord (a property manager presenting a property management company or a private party) and the tenant should be placed on the top of the notice. It should be understandable from the notice who is the sender and who is the recipient.
Step 2 – Place the current address of the rental property
The address of the property should be written on the second line after the landlord and tenant’s names.
Step 3 – Indicate that this is a non-renewal letter
On the third line, write “This is a notice of non-renewal.”
Step 4 – Give the date when the lease expires
The fourth line should contain the date when the lease expires. This will be written as “The lease will expire on (date).”
Step 5 – Choose the reason for not renewing the lease agreement
There are different reasons why a tenant or landlord may choose not to renew their lease agreement. Some of the reasons are:
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The tenant wants to move to a new location
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The tenant can’t afford the rent increase
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The landlord is not keeping up with repairs
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The rental property has been sold
Step 6 – Sign and date the notice
Both the tenant and the landlord should sign and date the notice. The date will be written as “Date: (date).”
Step 7 – Add the mailing addresses of both parties
The forwarding address of both the tenant and landlord should be placed at the end of the notice. This will ensure that each party receives a copy of the notice.