Not Renewing Lease Letter Template

Opening paragraph:

Are you in need of a Not Renewing Lease Letter Template? Look no further! In this article, you will find examples of Not Renewing Lease Letter Templates that you can use and customize to suit your specific situation. Whether you are a landlord informing a tenant that their lease will not be renewed or a tenant notifying your landlord of your decision not to renew, we’ve got you covered.

Explaining the Need for a Not Renewing Lease Letter Template:

When it comes to ending a lease agreement, whether as a landlord or a tenant, it is essential to do so in writing. A Not Renewing Lease Letter serves as an official notification of the decision not to renew the lease and provides a record of the communication between the parties involved. Here are some common reasons why a Not Renewing Lease Letter Template may be necessary:

To comply with the terms of the lease agreement, which may require written notice of non-renewal
To formally communicate the decision not to renew the lease, avoiding any misunderstandings or disputes
To document the date of notification and ensure that both parties are aware of the end of the lease term

Example of Not Renewing Lease Letter Template:

Dear [Recipient’s Name],

I am writing to inform you that I have decided not to renew the lease agreement for [Property Address]. As per the terms of our current lease agreement, I am providing [number of days required by the lease agreement] days’ notice of my intention to vacate the premises.

I have enjoyed living in the property over the past [length of time in the property] and appreciate your prompt attention to any maintenance issues that have arisen during my tenancy. However, I have decided to explore other housing options and will be moving out by [End Date of Lease Agreement].

Thank you for your understanding and cooperation in this matter. I will ensure that the property is returned in good condition and will coordinate with you for the final inspection before my departure.

Sincerely,

[Your Name]