Lease Renewal Notice Template
1. Key Term Comparison (Module)
Term | Current Lease | Renewal Offer | Notes |
Term Dates | [Start–End] | [New Start–New End] | [__] |
Rent/Payment | [Amount/Frequency] | [New Amount/Frequency] | [__] |
Deposit | [Deposit Amount] | [Deposit Amount/Adjustment] | [__] |
Other Changes | [None/See lease] | [List changes] | [__] |
Term | Current Lease | Renewal Offer | Notes |
Term Dates | [Start–End] | [New Start–New End] | [__] |
Rent/Payment | [Amount/Frequency] | [New Amount/Frequency] | [__] |
Deposit | [Deposit Amount] | [Deposit Amount/Adjustment] | [__] |
Other Changes | [None/See lease] | [List changes] | [__] |
Term
Current Lease
Renewal Offer
Notes
Term Dates
[Start–End]
[New Start–New End]
[__]
Rent/Payment
[Amount/Frequency]
[New Amount/Frequency]
Deposit
[Deposit Amount]
[Deposit Amount/Adjustment]
Other Changes
[None/See lease]
[List changes]
2. Parties and Leased Asset
This Lease Renewal Notice (“Notice”) is issued on [Date], by and between:
Lessor: [Lessor/Company Name], [Address], [Email], [Phone]
Lessee: [Lessee Name], [Address], [Email], [Phone]
Leased Asset: [Description of Leased Property, Equipment, or Vehicle]
3. Current Lease Reference
Original Lease Date: [Original Lease Date]
Current Lease End Date: [Current Lease End Date]
4. Renewal Term
Lessor offers to renew the lease for a term of [X months/years], commencing on [New Term Start Date] and ending on [New Term End Date].
5. Payment Terms
During the renewal term, the payment obligations will be:
Amount: [New Rent/Lease Payment Amount]
Frequency: [Monthly/Quarterly/Other]
Due Date: [Day of each period]
6. Security Deposit
The current deposit of [Deposit Amount] will remain in effect. If an adjustment is required, Lessee agrees to provide the difference of [Adjustment Amount] by [Date].
7. Other Amended Terms (If Any)
The following changes will apply during the renewal term:
[Amendment 1]
[Amendment 2]
[Amendment 3]
8. Acceptance and Deadline
Lessee must sign and return this Notice (or the attached renewal agreement) by [Response Deadline] via [Delivery Method].
9. Non-Acceptance and Holdover
If Lessee does not respond by the deadline, the lease will expire on [Current Lease End Date], and Lessee must return or vacate the leased asset in accordance with the original lease terms and applicable law.
If Lessee continues possession after expiration without a signed renewal, the arrangement will default to holdover status under the lease and applicable law, which may include higher month-to-month rates or additional charges.
10. Governing Law
This Notice and any resulting renewal agreement shall be governed by the laws of the State of Texas.
11. Signatures
Lessor/Agent: ________________________
Name/Title: _____________________________
Date: _________________________________
Lessee: _____________________________
Name: _________________________________
☐ Lessee accepts the renewal as stated
☐ Lessee proposes the following changes: ____________________________
Term | Current Lease | Renewal Offer | Notes |
Term Dates | [Start–End] | [New Start–New End] | [__] |
Rent/Payment | [Amount/Frequency] | [New Amount/Frequency] | [__] |
Deposit | [Deposit Amount] | [Deposit Amount/Adjustment] | [__] |
Other Changes | [None/See lease] | [List changes] | [__] |