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Lease Renewal Notice Template – New York
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Lease Renewal Notice Template
1. Renewal Decision Summary
Notice Date: [Date]
Current Lease End Date: [Current Lease End Date]
Response Deadline: [Response Deadline]
Proposed Renewal Term: [X months/years] from [New Term Start Date] to [New Term End Date]
2. Parties and Leased Asset
Lessor: [Lessor/Company Name], [Address], [Email], [Phone]
Lessee: [Lessee Name], [Address], [Email], [Phone]
Leased Asset: [Description of Leased Property, Equipment, or Vehicle]
Original Lease Date: [Original Lease Date]
3. Payment Terms
Amount: [New Rent/Lease Payment Amount]
Frequency: [Monthly/Quarterly/Other]
Due Date: [Day of each period]
4. Deposit Status
Current Deposit: [Deposit Amount]
Deposit Adjustment (if any): [Adjustment Amount] due by [Date]
5. Amended Terms (If Any)
The following changes will apply during the renewal term:
[Amendment 1]
[Amendment 2]
[Amendment 3]
6. Acceptance Method
Lessee must sign and return this Notice (or the attached renewal agreement) by [Response Deadline] via [Delivery Method].
7. 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.
8. Renewal Decision Timeline Table
Milestone | Date | Owner | Delivery/Location | Reference ID |
Notice Issued | [MM/DD/YYYY] | [Lessor/Agent] | [Email/Mail/Portal] | [Ref ID] |
Tenant Response Due | [MM/DD/YYYY] | [Lessee] | [Email/Mail/Portal] | [Ref ID] |
Renewal Term Starts | [MM/DD/YYYY] | [Both] | [Property/Asset] | [Ref ID] |
9. Governing Law
This Notice and any resulting renewal agreement shall be governed by the laws of the State of New York.
10. Signatures
Lessor/Agent: ________________________ Date: ___________________
Name/Title: _____________________________
Lessee: _____________________________ Date: ___________________
Name: _________________________________
☐ Lessee accepts the renewal as stated
☐ Lessee proposes the following changes: ____________________________
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Lease Renewal Notice Template – New York
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For quick answers, scroll below to see the FAQ.
Click below for detailed info on the template.
For quick answers, scroll below to see the FAQ.
New York Lease Renewal Notice Template FAQ
Does a lease renewal notice automatically renew the lease?
A renewal notice is usually an offer to renew, not an automatic renewal by itself, unless the underlying lease already provides for automatic renewal and the notice is part of that process. The notice is most effective when it clearly states that the tenant must accept by signing and returning the notice or an attached renewal document. If the tenant signs, the renewal becomes easier to prove because acceptance is documented. If the tenant does not sign, the notice can still establish that a renewal offer was made and that a deadline applied. Clear acceptance language helps prevent disputes about whether the tenant intended to renew or only discussed renewal informally.
What is the best way to present rent changes in a renewal offer?
Rent changes are easiest to review when the notice states the current rent, the proposed new rent, and the effective date for the change. A short table can also show the frequency and due date, so the tenant can see the full payment structure at a glance. If other charges are changing, such as parking or utilities, listing them separately can reduce confusion. The goal is to avoid a renewal where the tenant claims they only agreed to the term extension and did not see the rent change. Clear presentation is also helpful for landlords because it reduces follow-up questions and accelerates decision-making.
Why does the New York version include a renewal decision timeline table?
A renewal decision timeline table helps both sides track the key dates in the renewal process, such as when the notice was issued, when the tenant must respond, and when the new term would start. This can reduce confusion in buildings with many leases ending around the same time. It also helps if the tenant requests an extension of the response deadline, because the revised date can be recorded clearly. The table is designed to support scheduling and documentation rather than to change lease rights. Clear tracking can be especially helpful when a property manager, leasing agent, and tenant all communicate through different channels.
Can a renewal notice be used for equipment or vehicle leases as well as property leases?
Yes. The structure of a renewal notice works for real estate leases and for leased assets like equipment or vehicles, as long as the notice clearly describes the asset and the applicable payment and return terms. For equipment, it can be useful to include an asset ID, serial number, or condition status reference so the renewal applies to the correct item. The key is to reference the original lease and specify the new renewal term and payment terms. If maintenance responsibilities differ for equipment, the notice can include a brief amended terms section to confirm what will change under the renewal period.
What should be done if the tenant wants a shorter or longer renewal term?
If the tenant wants a different term than offered, the notice can include a line for proposed changes or the parties can exchange a revised renewal offer. The important part is to document the final agreed term and dates in writing and have both parties sign. Even small date differences can matter because they affect rent proration, move-out timelines, and notice periods for future renewals. A clean way to handle this is to treat the original notice as an offer and then issue a replacement notice or a renewal addendum with the updated dates. Written documentation avoids later disputes about which term was actually agreed.
How should delivery and proof of notice be handled?
Delivery should follow the method allowed by the lease, such as email, mail, or a tenant portal. The notice should state the delivery method used and include the addresses or emails where delivery is considered effective. Keeping proof of delivery, such as an email sent record, certified mail receipt, or portal submission confirmation, can help if there is later disagreement about whether notice was provided. A standard proof-of-delivery approach also helps property managers maintain consistent records across units. The goal is to avoid having a renewal offer challenged based on a simple service question rather than on the actual terms offered.
What is the role of holdover language in a renewal notice?
Holdover language explains what happens if the lease expires and the tenant remains in possession without a signed renewal. The underlying lease often defines whether the tenancy becomes month-to-month and whether the rent increases during holdover. Including a holdover section in the renewal notice provides a reminder and can motivate timely response. It also helps create a written record that the tenant was informed about the consequences of staying without renewal. The key is to keep the holdover description consistent with the lease and avoid adding new charges that were not part of the original agreement. Clarity reduces disputes when move-out timing slips.
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