Tenant Agreement Renewal Questions

Owner wants to increase rent to meet Market Standards (more than escalation % in the agreement)
Rents can fluctuate quite significantly sometimes.  If the owner feels the renewal rent is below market, please get this verified by the TAC marketing t...
Sat, 16 Dec, 2023 at 10:19 PM
Tenant not signed Agreement
Two months before the agreement expiry date, we will send a notification to the tenant regarding the renewal. We will initiate discussions to obtain their a...
Sat, 16 Dec, 2023 at 9:59 PM
Change Tenant Contract from Including to Excluding or Vice versa
Below we have explained the difference between Maintenance including & excluding "Excluding" Case If this is Excluding, it means that t...
Sat, 16 Dec, 2023 at 10:12 PM
Increase Rent as Association MNT amount has increased
If the agreement is including Association maintenance, and this amount increases, owners will typically ask to increase the rent as well. If the ten...
Sat, 16 Dec, 2023 at 10:14 PM
Increase rent as #of Residents in the property has increased
Sometimes owners will ask for this.  You can negotiate between the owner and tenant and do the best that works.
Sat, 16 Dec, 2023 at 10:15 PM
Update Escalation % in the agreement
Understand why the owner is asking for this.  Sometimes owners will ask for this if they feel the rent is below market. Explain the same to the ten...
Sat, 16 Dec, 2023 at 10:17 PM