Renewal Term
Specify the proposed start and end dates of the renewal term, whether it is fixed or month-to-month, and include any automatic renewal clauses or notice windows required to terminate or modify the renewed agreement.
Using a Real Estate Offer to Renew clarifies renewal terms in writing, reduces misunderstanding, and documents consent to rent or duration changes. A clear offer speeds negotiation, provides evidence of intent, and supports enforceability when properly signed and retained under applicable state law.
Landlords, property managers, and tenants commonly use this form to propose or respond to lease renewals, extensions, or term adjustments.
Use this form to document intent plainly and to create a record suitable for signature, negotiation, and retention.
Owners, property managers, or leasing agents who authorize renewal terms and sign on behalf of an entity. They must verify authority, confirm rent and term, and ensure renewal language aligns with the original lease and state landlord-tenant law.
Individual tenants or authorized corporate representatives who accept or counteroffer renewal terms. They should review rent adjustments, maintenance responsibilities, and notice periods, confirm identity matches lease records, and sign in accordance with the lease's signature requirements to avoid disputes.
Specify the proposed start and end dates of the renewal term, whether it is fixed or month-to-month, and include any automatic renewal clauses or notice windows required to terminate or modify the renewed agreement.
State the new rent amount, payment schedule, late fees, and any changes to utilities or common charges. Clarify proration, security deposit handling, and rent escalation formulas if applicable.
Document responsibilities for repairs, routine maintenance, and who bears costs for capital improvements. Note any changes from the existing lease and approval processes for contractor work.
Include deadlines for acceptance or counteroffers, delivery method for notices, and the effective date if the offer is accepted. Specify consequences for late responses or missed deadlines.
Identify who may sign for each party, including corporate officers or agents, and require printed names and titles. For entities, attach evidence of authorization if not already in lease records.
Attach any updated disclosure statements, parking agreements, pet policies, or exhibit maps referenced by the renewal. Ensure exhibits are labeled, dated, and incorporated by reference into the renewal offer.
Digital execution options vary by platform and may include email links, SMS codes, RON notarization, or in-person signing kiosks depending on provider capabilities.
Specify calendar date for acceptance and method of delivery.
Signed date confirms the effective renewal date for obligations.
If notarization required, allow time for appointment and RON session.
Retention begins on execution and should note file location.
Document rent changes for year-end reporting and 1099 considerations.
Prepare renewal and verify lease terms and attachments.
Deliver offer to signing parties by agreed method.
Collect signatures and confirm dates, initials, attachments.
File executed document and track compliance with deadlines.
| 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 trial | Varies | Varies | Varies | Varies |
| Bulk Send | Yes | Yes | Yes | Yes | Yes |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | None | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |
A mid-size property manager used an Offer to Renew template to standardize renewals across 200 units.
A small landlord used an Offer to Renew for a mixed-use building to propose staggered renewal dates and updated maintenance terms.