Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

31
Posts
1
Votes
Lisa Forde
1
Votes |
31
Posts

lease renewal or extention form

Lisa Forde
Posted

Hi All, I have few unit, that I have renew the lease every year, wondering if there any one page lease that say last year lease same term will extend another year?

Kind of tired to fill out 8 page lease every year, think there must be a better solution to that. By the way I am located in new york city.

thanks

Most Popular Reply

User Stats

293
Posts
382
Votes
Martin Neal
  • Rental Property Investor
  • Chicago, IL
382
Votes |
293
Posts
Martin Neal
  • Rental Property Investor
  • Chicago, IL
Replied

@Lisa Forde Not familiar with New York but here in Illinois, once the lease expires, it automatically turns into month to month with all the terms of the previous lease still in effect. If you want to lock them in for another year, we typically have to redo the entire lease.

  • Martin Neal
  • Loading replies...