Notice Of Non-Renewal Of Rent Or Lease
This notice is sent by the owner of a property addressed to the lessee stating that he/she does not wish to extend the existing agreement for the next period. It is needed in case you are having issues with your current lessee or you just wish to stop leasing your property.
This notice cannot be made legally enforceable. This just serves as reference for future actions. The notice should be duly signed by the sender. You as a lessor/owner of a property may use it to express yourwish to discontinue the ongoing agreement and want the current lessee to vacate your property at the end of the lease period.
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Frequently Asked Questions
What is this agreement?
Who needs this agreement and why?
What are the major clauses covered in this agreement?
- Lessor-the person or company who leases a property to another. Commonly called the landlord.
- Lessee-the person to whom a property is leased or let out the. Commonly called the tenant.