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A Landlord's Notice of Lease Renewal is a letter sent by a landlord or his authorized agents notifying their tenant of their decision to renew the tenant's lease on the rental property they occupy.
Before the expiration of a tenant's lease, the landlord may decide to extend the tenant's lease for another term upon the payment of additional rent. In this case, the landlord is expected to communicate this decision to their tenant by sending this letter to them.
In this letter, the form filler is expected to provide the full name and address of the landlord or agent as the case may be, the full name and address of the tenant, the period of the new lease, the period within which the tenant is expected to accept or reject the new lease.
How to use this document
This document can be used by the landlord or their authorized agent for example, the landlord's attorney or lawful agent if the landlord intends to renew the tenant's lease.
After completing this document, the letter is signed by the landlord or agent and delivered to the tenant. It is important that this letter is delivered some days before the expiration of the tenant's current lease. The landlord or agent should also keep a copy of this letter for record purposes.
Applicable law
There is no law that compels a landlord to send this letter. However, it is best practice that a landlord should deliver this letter to their tenant if the landlord has decided to renew the tenant's lease.
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Other names for the document: Lease Renewal Notification Letter, Landlord's Lease Renewal Notification Letter, Letter of Offer to Renew a Lease, Letter of Offer to a Tenant to Renew their Lease, Letter to Tenant to Renew Lease or Vacate
Country: Nigeria