Renewal For A Lease

when a tenant wants to continue renting a property beyond their current lease period, property managers need to make sure that all lease terms, including rental charges, lease end dates, and other agreements between the tenant and the property owner, are properly updated the extend lease feature allows property managers to make these updates while maintaining proper records of the lease extension this guide provides a step by step process for extending a lease move to the leasing section log in to the rentilium platform on the dashboard , locate the leasing section in the left navigation menu click on rental unit to view the list of current leases tenant's lease the leasing dashboard displays all active lease identify the tenant whose lease needs to be renewed click the renewal button next to the tenant’s rental unit open renewal request form a form will appear displaying the existing lease details update the lease end date to reflect the new extension period if necessary, update other fields such as rental charge (if the rent is increasing or decreasing) rent percentage ( percentage spent on rent) new rent (new rent amount) renewal request date ( new date of renewal) attach any necessary lease documents by uploading a new agreement if required review & confirm changes review all changes made to the lease extension ensure that all details, including the rental amount, security deposit, and lease duration, are accurate click submit to finalize the lease extension verify lease update the updated lease will now reflect in the leased rental units section the remaining days field will update to reflect the new lease period the property manager and tenant will receive a notification confirming the lease extension