A lease agreement may contain specific provisions authorizing renewal or extension, or a subsequent agreement or modification may grant the extension or renewal. A lease agreement may also grant an option to either a lessee or a lessor to renew or extend the term of the lease agreement.
This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
Puerto Rico Notice to Lessor of Lessee's Intention to Renew or Extend Lease Agreement is a legal document used by tenants to formally communicate their intention to renew or extend their lease agreement with the landlord. This notice serves as a written confirmation of the lessee's intent to continue occupying the leased premises for an additional term. In Puerto Rico, there are generally two types of notices that tenants can use to express their intention to renew or extend a lease agreement. 1. Puerto Rico Notice to Lessor of Lessee's Intention to Renew Lease Agreement: This type of notice is used by tenants who wish to renew their lease agreement for a subsequent term. It notifies the landlord that the lessee desires to stay in the rented property and confirms their willingness to abide by the existing terms and conditions of the original lease agreement. 2. Puerto Rico Notice to Lessor of Lessee's Intention to Extend Lease Agreement: Tenants who want to extend their existing lease agreement beyond the agreed term can use this type of notice. It informs the landlord about the lessee's intent to continue occupying the property for an extended period. It also outlines any proposed changes or modifications to the original lease terms that the lessee may wish to negotiate. When drafting a Puerto Rico Notice to Lessor of Lessee's Intention to Renew or Extend Lease Agreement, it is essential to include specific details to ensure clarity and legal validity. Key information to include in the notice may vary, but generally, the document should contain the following: 1. Identification: The notice should clearly identify both the lessor (landlord) and the lessee (tenant), including their legal names, contact information, and the address of the leased premises. 2. Lease Information: This section should outline the details of the existing lease agreement, such as the lease start and end dates, the property address, and any relevant lease terms and conditions that are to be renewed or extended. 3. Intention to Renew or Extend: State unequivocally in the notice that the lessee intends to either renew or extend the lease agreement. Specify the desired duration of the renewal or extension and the proposed new lease start and end dates. 4. Proposed Changes or Modifications: If the lessee wants to negotiate changes to the original lease terms or conditions, such as rent adjustments, inclusion/exclusion of certain utilities, or any other relevant modifications, clearly outline these proposed changes in a separate section. 5. Signature and Date: The notice should be signed and dated by the lessee to authenticate their intent. Provide space for the landlord's acknowledgment and signature as well. 6. Delivery Method: Specify how the notice will be delivered to the landlord, whether through certified mail, hand-delivery with receipt, or any other legally accepted means of delivery. It is crucial to consult with a legal professional familiar with Puerto Rico's specific laws and regulations regarding lease agreements before drafting or submitting a Notice to Lessor of Lessee's Intention to Renew or Extend Lease Agreement.
