Landlords send a not renewing lease letter to the tenants to inform them that they will not renew the existing lease anymore. The tenant also has the right to decide not to renew the lease.
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What is a not renewing lease letter?
A notice of non-renewal of lease is a formal document issued by a landlord to a tenant or vice versa to formally notify them they will not continue with their lease agreement. This letter will tell the other party about how to pay their final rental payments and the moving-out process.
Furthermore, you have to send this letter 60 days before the termination date of the existing lease. Depending on the conditions and terms of your lease, the exact number of days before sending this letter may vary. This document is also known as;
- A lease termination letter
- Notice of intent to vacate
- A notice not to renew the lease
- A non-renewal of lease letter
Why do you need a notice of non-renewal of lease?
The landlords should provide notice to tenants when they want to end their relationship with them. A not renewing lease letter is the best way to do this. The notice can be given by either you or your tenant that you are going to end the lease.
As a tenant, sending this letter to your landlord proves that you have officially stopped renting that property. This letter will act as evidence if you experience any post-lease expenses or fees irrelevant to damage in the rented property.
What to include in the letter?
A not renewing lease letter must include the following details;
- The date that indicates when you write the letter
- The tenant’s and landlord’s names
- The address of the rented property
- The reason why you don’t want to renew your lease
- The tenant’s requirements
- The return policy of the security deposit
- The date that shows when the lease ends
How to write a not renewing lease letter?
Consider the following steps to write this letter;
- First, write the date in your letter as most states need notice requirements to terminate a lease agreement. The date in the letter indicates that you have provided your landlord with enough time before the end of the lease.
- Next, state who you are to inform your landlord from whom the letter came. Give your contact details and mailing address.
- Write the complete name of your landlord below the address as mentioned in your lease agreement. Include a subject line to state your letter’s intent which is to terminate the lease.
- Since this is a legal document so you have to be very specific. Specify the lease dates and periods of the existing agreement from the existing lease. In addition, indicate the address of the rental property that you are renting.
- You should also describe in your letter your intent not to renew the lease agreement. Also, specify the termination date when you want to end the lease agreement or the date when you leave the property. You should also state why you want to terminate your lease.
- At the end of the letter, affix your signature and then send it to your landlord.
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FAQ’s:
How to get a not renewing lease letter?
You may have to go to the lawyer to get this letter but this is an expensive and time-consuming option. Instead, you should create your own non-renewal lease letter by downloading the not renewal lease letter template.
What is the minimum notice a landlord can provide?
The answer to this question depends on the state where the rental property is located. Usually, the landlord has to provide 30 days’ notice to end the tenancy.