The laws of landlords and tenants vary from state to state. But in most countries, the owner has a duty to fulfill all the conditions set out in the lease that will soon expire. In addition, most states require the landlord to notify the tenant in advance before they can increase their rents. The solution of the terms of renewal of leases by mutual agreement is preferable and achievable in most years. However, it is not always possible to avoid serious disagreements, whether for rent or other aspects such as rental conditions. In the event of an intractable dispute, we will act as an expert under the Landlord – Tenant Act 1954 and prepare a case for the best market conditions, either to participate in a trial or by way of written report for the PACT (Professional Arbitration on Court Terms) procedure at a lower cost. It is important to write the lease renewal model and send it in a timely manner so that your client has enough time to react before the existing rental runs out. Here are some tips for creating a professional renewal letter for your tenants: Build the previous point, don`t lead the renewal process and give your landlord the impression that you have every intention of staying in your current space. If they feel that the renewal of your lease is guaranteed, this can be used against you in the negotiation process. For example, the owner might look for less favourable terms, refuse your requests or be less inclined to negotiate than if he or she thought you might consider other sites.

The renewal was agreed with 51 very satisfactory PSf, with the introduction of a separate co-terminus license for cellar storage. Due to the dynamism of the commercial real estate market, changing economic conditions may offer the possibility of renegotiating your lease at an early stage. Therefore, you should constantly monitor the market to use these openings or savings opportunities. Having more time to negotiate is always beneficial. When the lease expires, the tenant can either stop the payments or use last month`s lease bond to pay the last term of the lease. In both cases, this means that the tenant has chosen to separate the lease and not accept the renewal, as proposed in the letter of renewal of rents. If the terms of the lease largely correspond to the original, a simple contract of 1 side may be signed by the parties. If the new lease has many changes, i.e. a tenant has changed, the landlord has changed, the tenant has moved to a new unit in the building, etc. a new lease should be approved between the parties.