A Non-Renewal of Lease Letter is a document that must be completed by a landlord to inform their current lessee of their decision not to renew their lease. A landlord may decide not to renew the rental agreement if the lessee violates the rent rules, delays the rental payment, if the premises are no longer available for rent, or the landlord has found another lessee. It is recommended to submit this letter to a lessee 60 days before the lease expiration date to allow that person to prepare for the move and find a new place to stay.
If a landlord is satisfied with their lessee, they may offer this individual to renew the contract. Usually, they have to do it when the date of the current lease agreement expires, or they wish to change the lease price, rent rules, or rental term. For this purpose, they have to complete a Lease Renewal Letter.
A Non-Renewal of Lease Letter template can be downloaded below.
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