How do I write a lease renewal agreement?

When you’re writing a lease renewal letter, you should include:

The names and contact information for the landlord and tenant.
The address of the rental property and unit number, if applicable.
A reference to (or copy of) the original lease.
The renewal terms or any changes to the terms of the original lease.

Can a landlord renew a lease without you signing?

Can a landlord renew your lease without your signature? NO! Your landlord cannot renew your lease agreement with out your signature. Both parties must sign the renewal lease or it is invalid.

Is a lease renewal a new contract?

Lease renewal generally occurs near the end of a fixed-term tenancy agreement. Before the end of the lease, a landlord may decide to: End the lease: The tenant vacates the property. Renew the lease: The tenant signs a new contract agreeing to lease the property for a fixed period of time.

How do I write a letter to my landlord to extend my lease?

The letter should include:

Your name, current address and contact information.
Date the lease extension request is submitted.
Length of the lease extension, including the proposed end date.
Reasons for extension.
Date by which you need a decision, usually 10 days to two weeks.

How do I exercise a lease renewal?

Generally speaking, in order to validly exercise your option you must:

Give the landlord formal written notice, which should be a clear and unequivocal exercise of the option.
Serve the notice on the landlord within the required time.
Serve the notice on the landlord in accordance with the terms of the lease.

What is a residential lease agreement in Michigan?

The Michigan residential lease agreement (“rental agreement”) is used by a landlord to rent a residential property for a fixed period of time. The terms are typically agreed upon by both landlord and tenant. The form becomes a legal contract after both parties have provided their signatures.

How to write a lease renewal agreement [ pdf ]?

How to Write a Lease Renewal Agreement 1 Download the Lease Renewal Agreement Template From This Page. 2 Attach The Lease Renewal Date Through This Form. 3 Name the Landlord Allowing The Renewal. 4 Identify The Tenant seeking To Renew The Lease. 5 Document The Location Of The Concerned Rental Property. …

When to sign a rental agreement in Michigan?

Once both parties have agreed to all terms and conditions, the agreement should be signed immediately. The Michigan standard residential lease agreement is designated for a lessor (the property owner/manager) and lessee (the tenant) who would like to come together and make a binding contract for the rental of a livable property.

What are the rights of a landlord in Michigan?

Michigan Landlord Tenant Rights In Michigan, oral and written leases are allowed, but leases longer than 1-year must be in written form to be valid. Michigan law (Landlord and Tenant Relationship Act 348 of 1972) grants tenants certain rights like the right to the return of a security deposit and the right to a habitable dwelling.

What is a rental lease agreement in Michigan?

The Michigan rental lease agreements are designated for a landlord and tenant to come to an agreement over the use of commercial or residential space for an agreed-upon monthly payment.

What is the rental application form in Michigan?

The Michigan rental application is a form given to a potential lessee of a commercial or residential property.

Can a landlord send a letter of intent to renew a lease?

Depending on the landlord’s preference, a simple lease renewal may be sent to the tenant or the landlord may decide to re-write an entirely new lease agreement to the tenant. If the landlord decides on the latter, a letter should be sent to the tenant stating the following: LETTER OF INTENT TO RENEW LEASE