Renewal Term
Specify the new start and end dates or describe automatic extensions. Be explicit about term length and whether the renewal is fixed-term or month-to-month.
A clear renewal reduces disputes about term, rent, and responsibilities, preserves landlord and tenant rights, and documents agreed changes. Properly drafted renewals simplify accounting, support enforcement, and provide an auditable record if questions arise later.
Several parties are commonly involved in preparing and executing renewals, depending on property type and scale.
Roles vary by transaction size; small landlords often handle renewals directly while larger portfolios use property management or legal teams.
Usually signs on behalf of the landlord if authorized by the owner. Responsible for approving rent changes, coordinating execution, and retaining the executed document for records and accounting.
Signs for the tenant—either the tenant directly or an authorized agent. Responsible for confirming acceptance of terms, updating tenant contact information, and providing any required documentation.
Specify the new start and end dates or describe automatic extensions. Be explicit about term length and whether the renewal is fixed-term or month-to-month.
State the exact rent amount, payment due date, accepted payment methods, late fees, and any changes to utilities or service charges.
Confirm existing security deposit handling or new deposit amounts, refund conditions, and whether additional deposits or fees apply.
Outline notice periods, early termination penalties, and whether either party may decline renewal for cause or convenience.
Include any updated rules, pet policies, maintenance responsibilities, or special provisions such as subletting permission.
Provide signature lines with printed names, titles where applicable, dates, and witness or notary lines if required by local law or the parties.
| Field | Configuration |
|---|---|
| Template | Save standard renewal text and fields for reuse |
| Conditional fields | Show rent or deposit fields only when applicable |
| Authentication | Choose email, SMS code, or stronger verification |
| Reminders and copies | Set auto-reminders and auto-save to accounting folder |
Lease Renewals can be shared by email, secure signing links, or integrated platforms; choose a channel that preserves the signed record.
Ensure the chosen method captures an audit trail (timestamp, IP, signer identity) and retains a tamper-evident copy for future reference.
Provide written renewal or nonrenewal notice 30–90 days before expiration
Deliver increase notice within the period specified in the lease
Obtain all signatures before the current lease ends to avoid overlap
Update ledger and payment schedule immediately upon execution
Some jurisdictions impose minimum notice periods or tenant-protection rules
Send renewal or nonrenewal notice to start the timeline.
Allow time for rent, term, or conditions to be discussed.
Obtain landlord and tenant sign-offs before execution.
Execute signatures, distribute copies, and update systems.
The property manager standardized renewal templates for efficiency.
A small portfolio automated tenant notifications and signatures.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No envelope cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |