{"id":2914,"date":"2021-04-13T14:48:35","date_gmt":"2021-04-13T18:48:35","guid":{"rendered":"https:\/\/proprioexpert.com\/what-is-the-renewal-notice\/"},"modified":"2024-02-22T15:19:59","modified_gmt":"2024-02-22T20:19:59","slug":"what-is-the-renewal-notice","status":"publish","type":"post","link":"https:\/\/proprioexpert.com\/en\/what-is-the-renewal-notice\/","title":{"rendered":"What Is the Renewal Notice?"},"content":{"rendered":"\n

The real estate industry is strictly regulated by many laws and organisations like the Tribunal administratif du logement<\/a>. Neither landlord nor tenant can do as they please. Thus, property owners and managers should know and understand the rules that regulate their properties.<\/p>\n\n\n\n

The renewal notice must be carefully drafted and sent according to the legal standards.<\/p>\n\n\n\n

To make sure that you meet the legal requirements, we have compiled a list of the golden rules of the renewal notice.<\/p>\n\n\n\n

Golden Rule #1: Any Adjustment Is Clearly Indicated<\/strong><\/h3>\n\n\n\n

If the lease is changed, the adjustments must be clearly indicated, whether it is adding a service (you now offer the Internet service), removing a service (you transfer the electricity bill to the tenant), or increasing the rent. The amount of the rent increase must be exact, and it can be expressed in dollars or as a percentage.<\/p>\n\n\n\n

Make sure that the adjustments, if there are any, are clearly visible.<\/p>\n\n\n\n

Golden Rule #2: Your Notice Period<\/strong><\/h3>\n\n\n\n

You cannot give the tenant their renewal notice anytime you want. There are notice periods, which depend on the type and length of lease. The following chart from the Tribunal administratif du logement\u2019s website illustrates the legal time frames:\u00a0<\/p>\n\n\n

\n
\"\"<\/a>
Source : Tribunal Administratif du Logement<\/a><\/figcaption><\/figure><\/div>\n\n\n

Golden Rule #3: Your Tenant\u2019s Response Time<\/strong><\/h3>\n\n\n\n

To ensure timeliness and respectful cooperation between you and your tenant, be sure to tell them how much time they have to respond to the notice. They can accept or reject the lease modifications, or tell you that they do not renew their lease.<\/p>\n\n\n\n

If the tenant rejects the modifications on the renewal notice (for example, the tenant rejects the rent increase), measures can be implemented to resolve the issue.<\/p>\n\n\n\n

Thus, tell them they must respond within 30 days after the date they received the notice. If they do not respond within this time period, the lease will be renewed with the modifications stated in the renewal notice.<\/p>\n\n\n\n

Golden Rule #4: The Proof of Receipt<\/strong><\/h3>\n\n\n\n

To avoid any unpleasant surprises, make sure that you send the renewal notice in an official way, so you are compliant with the legal standards. Therefore, you can send your notice renewals:<\/p>\n\n\n\n