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General Property Management
Updating an existing lease
P
PRB P
started a topic
over 5 years ago
When an existing tenant's lease is up, would you just change dates on current lease or create a whole new one.
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Sid F
said
over 5 years ago
I just use a renewal stating that all terms remain the same and give another year depending on the tenant. IF i had a ton of changes to make i would create a whole new lease.
D
Ricardo C
said
over 5 years ago
The template lease for the most part need to be customized for a new tenant; the template is useful though. Provide a copy to the tenant for review at least one day before moving in/signing the lease to make sure both are in agreement with the lease terms.
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