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[[Current_Date]] [[Lease_All_Tenants]] Renewal of your existing lease
[[Renewal_Offer]]
Dear Tenant:
Your lease at [[Property_Address_Line_1]] is up for renewal as of: [[Lease_End_Date]].
The purpose of this letter is to notify you that the Owner would like to offer a [[Fixed_Renewal_Offer_Type]] lease at [[Fixed_Renewal_Offer_Amount]] ending [[New_Lease_End_Date]] plus any existing Pet rent and Utilities fees in the current lease. The monthly "Rental Admin Fee" is $5.00.
At renewal, you may also elect to start our Renters Insurance coverage through Assurant / Bankers Life with $10,000 personal property and $100,000 liability coverage at a total of $16.00 per month.
This is an ADDENDUM to and will become an integral part of the original lease which started on: [[Lease_Start_Date]] . If you are using our ePay system, you authorize us to update your automated payments to conform with your new rent charges.
Please sign and return the original in the enclosed envelope prior to [[Following_Month]] keeping a copy for your records.
If you have any questions about any of the above, please let us know. This letter will serve as confirmation of your agreement to renew your existing lease.
In the event that the Lease Renewal or a written notice of termination is not delivered to Coastal Group Inc by the date indicated above, the Lease shall continue in accordance with the terms of the original Lease.
As a reminder, please recall the requirement for annual carpet cleaning and fireplace cleaning (if any), which should be completed upon your renewal.
Please provide us with an updated copy of your renters insurance policy (if not using Assurant coverage) and any changes to your email and phone numbers.
Thank you, Read, understood and agreed (all tenant signatures and dates)
Coastal Group Inc
(see page two on reverse)
As a condition of the renewal of your lease, we offer two options:
Option A: provide us with updated information on your employment, email addresses and cellphone contact info,
------OR------
Option B: submit new rental applications at $35 per adult (note: may be required by a rental owner if multiple late payments have occurred) ========================================================================
Tenant 1 Place of Employment_______________________________________________
Cellphone:_______________________
email address:______________________________________________________
========================================================================
Tenant 1 Place of Employment_______________________________________________
Cellphone:_______________________
email address:______________________________________________________
========================================================================
Tenant 1 Place of Employment_______________________________________________
Cellphone:_______________________
email address:______________________________________________________
========================================================================
Tenant 1 Place of Employment_______________________________________________
Cellphone:_______________________
email address:______________________________________________________
========================================================================
You can scan, email or fax both sides of the agreement back to our office at: fax: 757-233-9696
or email to: kma...@coastalgroupinc.com, or benfh...@gmail.com,
______________________________________________________________________________________
Renters Insurance Co, Policy # (if other than through Coastal Group and Assurant)
TERMINATION OF LEASE
(This is a legally binding contract; if not understood, seek competent advice before signing.)
Tenant should return EITHER the Lease Renewal -or- Termination of Lease form.
This TERMINATION OF LEASE from Tenant(s) dated ______________is given pursuant to the Lease made on [[Lease_Start_Date]] between (“Owner”), through Coastal Group Inc, and (“Tenant”) [[Lease_All_Tenants]], for the property located at [[Unit_Address_Line_1]] with a Renewal Date of [[New_Lease_Start_Date]].
The Lease is hereby terminated effective ______________________ . Tenant will vacate the Dwelling Unit no later than 5:pm on [[Lease_End_Date]].
Tenant’s forwarding address is: ______________________________________________________
Tenant is hereby notified that Agent will conduct an inspection to determine the amount of the Security Deposit to be returned. Such inspection will occur within 72 hours of Tenant vacating the Dwelling Unit.
Tenant may be present during the Move Out Inspection. Tenant DOES or Does NOT (circle) not wish to be present at the Move Out Inspection. If Tenant wishes to be present at the Move Out Inspection, Agent will notify Tenant of the Move Out Inspection time.
Tenant acknowledges that, pursuant to the Lease, Owner may place a place a “For Rent” or “For Sale” sign upon the Dwelling Unit and Premises and exhibit the Dwelling Unit and Premises to prospective tenants and/or purchasers after this notice of termination has been provided.
Such exhibition may include installation of an electronic lockbox. Tenant shall cooperate with Owner or Agent in making the Dwelling Unit available for such showings, which shall be conducted at reasonable times and with reasonable notice to Tenant.
Tenant agrees to surrender the Dwelling Unit in good condition, with the exception of reasonable wear and tear and must pay for all damages or assessments for damages made by Owner or Agent against Tenant in accordance with the Damage Addendum, if included, other provisions of the Lease, or as Owner or Agent reasonably determines.
This TERMINATION OF LEASE shall be delivered to Agent no later than the Renewal Date. If Tenant fails to terminate the Lease on or before the Renewal Date, as provided above, Tenant shall have accepted all new or changed terms contained in the Renewal of Lease.
Reason for Termination:________________________________________________
Other Provisions:______________________________________________________
Tenant: Date ____________ __________________________________
Signature
Tenant: Date ____________ __________________________________
Signature
Tenant: Date ____________ __________________________________
Signature