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Updated almost 7 years ago,

User Stats

13
Posts
6
Votes
Joseph Tramonte
  • Investor
  • Saint Paul, MN
6
Votes |
13
Posts

Options and wording when Renewing a Lease for a exsisiting tenant

Joseph Tramonte
  • Investor
  • Saint Paul, MN
Posted

Hi, Looking for some input on wording when renewing a lease for an existing tenant. The rent needs to be raised this year 2018, taxes increased and so did maintenance costs. If a tenant does not respond to the renewal notice that is sent with a self addressed stamped envelope enclosed, can the rent cost still be increased ? 

 Can I put in the notice that if we don't hear back by the 60 days deadline,  per the lease, this will act as your notice to vacate. I will send this out up to 90 days before. The lease states a 60 days notice. Any opinions would be appreciated.

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