What’s Included & Why It’s Worth Every Penny ($299, Effective January 1, 2026):
📊 Rent Analysis & Negotiation
• Current market rent analysis to ensure your property is priced competitively
• Strategic rent increase recommendations based on local comps and vacancy trends
• Negotiation with the tenant on your behalf to maximize income while retaining quality residents
📅 Lease Term Negotiation
• Evaluation of optimal lease term length based on your goals and market conditions
• Negotiation of renewal duration to align with your investment strategy
• Discussion of early termination clauses and renewal options to protect your interests
📝 New Lease Preparation
• Drafting of a fully updated lease agreement, not just a copy of the old one
• Incorporation of any new landlord-tenant law changes effective in your state or municipality
• Updated terms, clauses, and addenda (pet, parking, utilities, etc.) as needed
⚖️ Legal, Liability & Compliance
• Review of all lease terms for compliance with current local, state, and federal housing laws
• Updated required disclosures (lead paint, mold, habitability notices, etc.) included
• Proper notice periods and renewal timelines managed to avoid costly errors
• Protection against holdover tenancy risk with timely, documented communication
💬 Tenant Communication & Coordination
• Direct outreach to the tenant regarding renewal intent and terms
• Handling of tenant questions, objections, and counter-requests
• Coordination of lease signing and delivery of executed documents to all parties
🗂️ Record Management
• Updated lease filed in your owner portal for easy access
• Renewal timeline tracked and logged to ensure nothing falls through the cracks
Common Owner Questions
Q: Why can’t I just sign the same lease again?
A: Laws change. A lease that was compliant 12 months ago may now be missing required disclosures or contain unenforceable clauses, exposing you to legal liability.
Q: What if the tenant doesn’t want to renew?
A: We handle the conversation professionally and advise you on your options, including re-leasing the unit with no gap in service.
Q: Is this fee charged every renewal?
A: Yes. Each renewal represents a new legal agreement and a full round of negotiation, compliance review, and documentation.
Q: What if rent stays the same?
A: Even a flat renewal requires a new executed lease, compliance review, updated disclosures, and documented tenant communication. The same full-service process applies.
Q: What happens if the tenant signs late or delays?
A: We track all deadlines and follow up with the tenant on your behalf. If they miss the window, we advise you on proper notice procedures to protect your legal standing.
Q: Is this fee tax deductible?
A: In most cases, property management fees, including lease renewal fees, are deductible as a rental property expense. We recommend confirming with your tax advisor.