A lease agreement may contain specific provisions authorizing renewal or extension, or a subsequent agreement or modification may grant the extension or renewal. A lease agreement may also grant an option to either a lessee or a lessor to renew or extend the term of the lease agreement.
This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
California Notice by Lessee to Lessor of Exercise of Option to Renew Lease A California Notice by Lessee to Lessor of Exercise of Option to Renew Lease is a formal communication sent by a tenant to their landlord informing them of their intention to renew their lease agreement. This notice is a crucial step in the lease renewal process and ensures that both parties are aware of the tenant's desire to extend the lease term. Keywords: California lease renewal, notice to lessor, exercise of option, lessee, lessor, lease extension, lease agreement. Different Types of California Notice by Lessee to Lessor of Exercise of Option to Renew Lease: 1. California Residential Lease Renewal Notice: This form of notice is used when a tenant residing in a rental property in California wants to exercise their option to renew their residential lease agreement with the landlord. 2. California Commercial Lease Renewal Notice: This notice is specifically designed for commercial tenants in California who wish to notify their landlord of their intent to renew their lease agreement for a commercial property. 3. California Month-to-Month Lease Renewal Notice: In situations where tenants are on a month-to-month lease arrangement, this notice allows them to express their intention to extend their lease term for another month. 4. California Lease Renewal Notice with Revised Terms: In some cases, tenants may want to renew their lease agreement but with revised terms such as changes in rent amount, additional provisions, or modifications to specific clauses. This notice allows tenants to notify their landlord of their intention to renew the lease with these proposed modifications. Important Points to Include in a California Notice by Lessee to Lessor of Exercise of Option to Renew Lease: 1. Tenant's information: Mention the full name, contact details, and address of the tenant sending the notice. 2. Landlord's information: Include the full name and contact information of the landlord or property management company that owns the premises. 3. Lease details: Specify the address of the leased property, the original lease agreement's start and end dates, and the expiration date of the current lease term. 4. Option to renew clause: Refer to the specific clause in the original lease agreement that grants the tenant the right to renew the lease. 5. Renewal terms: Clearly state the desired start and end dates of the renewed lease term, along with any proposed changes to rent, security deposit, or other lease terms (if applicable). 6. Mode of delivery: Indicate how the notice is being delivered, such as certified mail, personal delivery, or email, and include the date of delivery. 7. Signature and date: The notice must be signed by the tenant and dated to make it legally valid. It is important to consult with a legal professional or review state-specific regulations to ensure compliance with California law when drafting and filing a Notice by Lessee to Lessor of Exercise of Option to Renew Lease.