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Tenant's Notice Invoking Option Letter


Overview
This Tenant's Notice Invoking Option Letter is used to inform a landlord that the tenant intends to exercise his or her option to renew a lease.  
Negotiating an option to renew ensures the tenant that, if the leased premises are acceptable, he or she can remain in possession.  

When You Need It
-This letter allows the tenant to exercise the option to renew and/or extend the original lease.
-The landlord and tenant, in the original lease, must have provided for an option to renew and remain in possession of the property, otherwise a tenant cannot extend or renew the lease without the landlord's consent.  

Getting Started

You will need:
-The name and address of the landlord to who the notice is being provided.
-The description of the property and the date of the original lease.
-Review the specific language of the lease allowing for the option to renew.

When to Review and Revise 
-If changes are necessary to the letter prior to signing and sending it to the landlord.
-If you have not correctly followed the requirements of the lease regarding your right to exercise your option to renew.