Are you currently facing the decision of not renewing your lease agreement? Writing an Intent To Not Renew Lease Letter is an essential step in the process. In this article, we will provide you with examples of Intent To Not Renew Lease Letter that you can use as a template and modify as needed to suit your specific situation.
Understanding the Purpose of Intent To Not Renew Lease Letter
When you have decided not to renew your lease agreement, it is crucial to communicate this decision to your landlord in writing. An Intent To Not Renew Lease Letter serves as formal notice to your landlord that you do not intend to extend your lease agreement beyond its current term. This letter helps both parties plan for the future and avoid any misunderstandings.
Key Points:
- Formal notification to the landlord
- Allows for planning and preparation for both parties
- Avoids misunderstandings
Example of Intent To Not Renew Lease Letter
Dear [Recipient’s Name],
I am writing to inform you that I will not be renewing my lease agreement for [Property Address]. As per the terms of our current lease agreement, I am providing [30/60/90]-day notice before the end of the lease term.
I have enjoyed my time living at [Property Address] and appreciate your prompt attention to any maintenance issues that have arisen during my tenancy. However, I have decided to explore other housing options at this time.
Please let me know the necessary steps to follow regarding the move-out process and the return of my security deposit. I am committed to ensuring a smooth transition and leaving the property in good condition.
Thank you for your understanding and cooperation in this matter.
Sincerely,
[Your Name]