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Updated about 10 years ago,

User Stats

144
Posts
24
Votes
Kyle M.
  • Wayne, PA
24
Votes |
144
Posts

Lease Language - renewing after 15 month term?

Kyle M.
  • Wayne, PA
Posted

So I have a tenant who agreed to an initial 15 month lease term.  I did this because of it starting in January and it being mutually beneficial for the tenant and myself.  When it automatically renews I would like it to be for 12 months.

The 15 month lease is from January 10, 2015 and ending March 31, 2016.

Below is the current language I have in the custom text section of the lease.  Anything else I can add or do differently?

After the initial Lease Agreement term ending March 31, 2016, the Lease Agreement will automatically renew for a 12 month term beginning April 1, 2016 and ending March 31, 2017. Every Lease Agreement term following the initial term will automatically renew every 12 months.

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