Letter Offering Lease Renewal - Template, Sample Form

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RE: Offer to Renew Residential Tenancy Agreement – ________

Dear ________,

I am writing in relation to your residential tenancy of the premises situated at ________ (Premises), occupied under the residential tenancy agreement dated ________ (Tenancy Agreement).

This letter is issued in the State/Territory of ________ and is given in accordance with the residential tenancy legislation applicable in that jurisdiction (for example, the Residential Tenancies Act 2010 (NSW), Residential Tenancies Act 1997 (Vic), Residential Tenancies and Rooming Accommodation Act 2008 (Qld), or the equivalent legislation in your State or Territory) (the Act). This letter is an offer to enter into a new fixed-term agreement and does not, of itself, terminate or vary your existing rights under the Act.

1. Expiry of current term

The current fixed term of your Tenancy Agreement is due to expire on ________. You have been a valued tenant, and I am pleased to offer you the opportunity to renew your tenancy from that date, on the terms set out below.

2. Proposed rent

The rent currently payable is $________ (________) per ________. Under the renewed agreement, the rent would increase to $________ (________) per ________, representing an increase of $________ (________).

The proposed rent increase is to take effect from ________ and is given subject to, and in compliance with, the minimum notice period and frequency restrictions prescribed by the Act. Nothing in this letter limits your right to seek a review of any rent increase by the relevant tribunal where the Act provides such a right.

3. Other proposed variations

In addition to the proposed rent, I propose that the following variations would apply to the terms of the renewed agreement:

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4. Term of renewed agreement

The renewed fixed term would commence on ________ and would end on ________. Save for the matters set out in clauses 2 and 3 above, all other terms and conditions of the Tenancy Agreement would remain unchanged and continue in full force and effect.

5. Bond

Your existing rental bond of $________ (lodged with ________) would continue to be held in accordance with the Act, subject to any adjustment permitted by law and notified to you separately.

6. Acceptance

If you wish to renew the tenancy on the terms set out in this letter, please contact me to confirm your acceptance no later than ________. If I do not hear from you by that date, I will assume that you do not wish to renew on these terms. In that event, your existing rights under the Act, including the right to continue on a periodic (continuing) tenancy where the Act so provides, are not affected by this letter.

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Yours sincerely,

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