Quick answer
Configure renewal: Prepare renewal dates, terms, alerts, and documents so critical lease deadlines are not missed. In Renteric, follow these key steps: Review lease dates, Define renewal strategy, and Configure alerts and owners. Finish by validating that the team gets timely alerts and can renew, renegotiate, or close the lease with evidence.
Before you start
- Have the active lease with the correct end date.
- Define notice timing and negotiation owners.
- Gather new terms or required documentation.
Step by step
- 1
Review lease dates
Confirm start, end, and legal or internal notice periods before scheduling alerts.
- 2
Define renewal strategy
Choose whether to renew unchanged, renegotiate amount, change terms, or prepare move-out.
- 3
Configure alerts and owners
Assign owner, first notice date, and reminders for tenant, owner, and staff.
- 4
Prepare documents
Select template, addenda, and new clauses so the file is ready for negotiation.
- 5
Record final decision
Once there is agreement or closure, save the result, new dates, and next collection or handover steps.
Common errors
The alert arrived late
The end date or notice period was entered incorrectly.
Correct lease dates and regenerate the renewal calendar.
Renewal happened without updated terms
The team activated renewal but did not review amount, adjustment, or documents.
Reopen review, update terms, and generate the correct document.
FAQ
Can I create alerts for the owner?
Yes. Configure recipients according to the management communication flow.
Does renewal create a new lease?
It depends on the selected flow. It can generate an addendum, extension, or linked new lease.
What should I do if the tenant does not answer?
Record attempts, keep alerts active, and escalate according to the defined notice policy.
Video guide
What this solves
Prepare renewal dates, terms, alerts, and documents so critical lease deadlines are not missed.
Review lease dates
What to prepare first
Have the active lease with the correct end date. Define notice timing and negotiation owners. Gather new terms or required documentation.
Define renewal strategy
Guided walkthrough
Review lease dates: Confirm start, end, and legal or internal notice periods before scheduling alerts. Define renewal strategy: Choose whether to renew unchanged, renegotiate amount, change terms, or prepare move-out. Configure alerts and owners: Assign owner, first notice date, and reminders for tenant, owner, and staff.
Configure alerts and owners
How to validate the result
Prepare documents: Select template, addenda, and new clauses so the file is ready for negotiation. Record final decision: Once there is agreement or closure, save the result, new dates, and next collection or handover steps. the team gets timely alerts and can renew, renegotiate, or close the lease with evidence
Record final decision