A rental or lease agreement often expires after a set period of time, most commonly 1 year. Renters who wish to stay will typically either continue their lease on a month-to-month basis or sign a new lease agreement.
In lease renewal incidences, owners will want to update lease terms such a start and end dates, rental price etc.
How to update a tenant's lease terms:
Step 1: Navigate to your Tenant's & Leases tab
Step 2: Click the name of the tenant or tenant group
Step 3: Click "Edit" in Lease Terms under the Overview section
Step 4: Update the lease terms and click the [Save] button
For more information on this topic, please follow these links:
- "How do I set up a lease renewal for tenants?"
- "How do I change tenants on a lease?"
-
"How do I add a second tenant to an existing lease?"
Keywords: lease, terms, start date, end date, rent increase, terminate lease, end lease, move out tenant