American Real Estate Journal

Lease renewal timeline

A 120-day renewal process. Start early so the offer reaches the tenant before they decide whether to move.

Use the renewal vs turnover calculator to compare what a renewal and a turnover would cost the owner. Send the offer early enough that the tenant hears from you before deciding to look elsewhere. Some states and cities also set a minimum notice for rent increases or non-renewal. Check your state page.

120 days out
100 days out
90 days out
75 days out
60 days out
30 days out

Want this to run without a spreadsheet?

Workflow software can create the tasks in a checklist like this, assign them and set due dates from the lease. Walk through what that would look like for your company with Julian.

Book a 20-minute call

With Julian Calvo, who works with property management companies at LeadSimple.

Related: Owner onboarding, Tenant move-in, Move-out and turnover, Delinquency, Owner lead follow-up.