Renewal Term
State the exact start and end dates, whether the renewal creates a fixed term or converts to month-to-month, and how subsequent renewals will be handled.
A written renewal creates an auditable record of agreed changes, confirms consent to new terms, and reduces ambiguity that leads to disputes. It helps preserve tenant protections and landlord remedies, clarifies rent changes, and supports accurate financial records for tax and compliance purposes.
The renewal is used by multiple parties involved in property management and occupancy, each with different responsibilities and perspectives.
Aligning the document with each party’s role reduces misunderstandings, speeds execution, and supports downstream tasks such as rent collection, accounting, and deposits handling.
State the exact start and end dates, whether the renewal creates a fixed term or converts to month-to-month, and how subsequent renewals will be handled.
Specify the rent amount, payment due date, accepted payment methods, late fees, and any scheduled increases or CPI adjustments.
Confirm the existing deposit amount, any additional deposit required, legal handling, and Colorado statutory disclosure requirements for deposit returns.
Identify which utilities or services the landlord or tenant will pay, any billing method changes, and responsibility for deposits or transfers.
Describe how notices and demands are delivered (mail, email, hand delivery), and identify the address and method for official landlord/tenant communications.
Include signature blocks for all parties with printed names and dates; note whether electronic signatures are permitted and which format is acceptable.
| Field | Online Setting |
|---|---|
| Signature Field | Optional eSignature allowed |
| Date Field | Auto-fill / required |
| Notice Recipient | Primary email + mailing address |
| Audit Trail | Capture IP, timestamp, and authentication |
Choose distribution channels that preserve evidence of delivery, allow easy retrieval, and meet any industry privacy obligations.
Use a combination of electronic delivery with retained signed copies to balance accessibility and evidentiary quality for audits or disputes.
Begin 30–60 days before current term ends
Allow 7–14 days for tenant review
Expect execution within 7 days after agreement
State effective date for any rent change
Update accounting and deposit records immediately
Save signed renewals as PDF/A for archival; also retain a searchable PDF and original editable copy if edits are required later.
Use a standard convention: PropertyName_Tenant_LastName_Renewal_MMDDYYYY to ensure easy retrieval across systems.
Attach original lease, deposit receipts, condition reports, and any amendment drafts to provide context for terms and disputes.
Retain signature audit trail, delivery receipts, and authentication records to prove consent and attribution if challenged.
Landlord or tenant issues renewal notice; begins negotiation window.
Parties exchange proposed changes and agree on final terms.
All parties sign and date the renewal; delivery confirmed.
Signed documents and audit trails are stored for the retention period.
| 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 (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |