Lease Renewal Agreement Form

State:
Arkansas
Control #:
AR-810LT
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement for the renewal of an existing lease for an additional term, with possible modifications. The agreement terms conform to state statutory law. This agreement is for the renewal of a non-commercial or residential lease.

How to fill out Arkansas Residential Lease Renewal Agreement?

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FAQ

Dear name of resident, It's almost time to renew your lease. I appreciate you as a tenant and want to continue having you as a resident. Thank you so much for paying your rent on time every month and taking such great care of the property.

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.

Do I have to sign a new lease? A: No, you do not. In Ontario, a residential tenancy is automatically renewed unless the tenant or the landlord gives the other a notice of termination, or they agree to terminate the tenancy after signing it.

In Ontario, when a residential lease expires, and there is no new lease, the tenancy automatically becomes a month-to-month tenancy. The main advantage for tenants with a month-to-month tenancy is that they have much more flexibility if they decide to move.

Do I have to sign a new lease? A: No, you do not. In Ontario, a residential tenancy is automatically renewed unless the tenant or the landlord gives the other a notice of termination, or they agree to terminate the tenancy after signing it.

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Lease Renewal Agreement Form