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A: A lease termination letter should include the tenant's name and contact information, the landlord's name and address, the date the lease will be terminated, and a reason for why the lease is being terminated.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
Lease Extension Request for [Rental Address] Currently, the lease is set to expire on [date]. I would like to amend that date to end on [new date]. I propose to pay you the prorated amount of [extension rent amount] for the additional days that I will occupy the property.
An option to renew or extend the lease means that upon the tenant's exercise of the option (choice), the provisions of the agreed-upon option are adopted for another defined term. The terms of the option can include the length of the new term, a change in rent, and other modifications.
A good written late rent notice should include the following information: Date of the late rent notice; Name of all tenants on the lease; Name of the landlord or property manager; Property address; Amount of rent past due; Grace period (if any); Late fee amount if the rent is not paid in full by the grace period;
To extend a commercial lease, the tenant must serve a formal notice to the landlord, known as a Section 26 notice or a Section 42 notice, depending on the circumstances.