The renewal terms or any changes to the terms of the original lease. Cloned 18,760. Under the informal route, a leaseholder can approach the freeholder in the first instance and ask whether they’re interested in negotiating a lease extension, although there’s no obligation on the freeholder to agree to extend. If possible, submit your lease extension letter 30-60 past before your lease cease date. Reference to contract or rental agreement. This letter serves as one informal. A lease is a law document, so a lease extension letter requirement should be addressed with the same level starting what. Cloned 61,887. With informal lease extensions, the leaseholder normally approaches the landlord on an informal basis and agrees a premium without serving a statutory notice. Informal lease extensions don’t need to follow the same process. That can be done at any time. It is clear in law that the term of a lease cannot simply be extended by deed. City, State, Zip Code. A Lease Renewal or Extension Form has to be drafted before the lease expires. In addition, we’d recommend including a copy of the master lease agreement with the sublease, so the subtenant understands the rules and regulations for living in the apartment complex/rental unit, since they’ll be required to follow them. Once you have owned the flat for two years, you have the right to a lease extension. A Georgia 60 Day Notice to Vacate is lease termination letter written to terminate a month-to-month lease. This could be based as a percentage. The Leasehold Reform Housing and Urban Development Act 1993 gives leasehold owners the legal right to a lease extension, using the above-mentioned formula to calculate the premium payable to the. Step 3. Put it in writers. It is good practice to have this money readily available or even send it to your solicitor upon service of the s. The alternative is to simply ask your landlord for a lease extension informally. Include the address and date. You might write dear dad, dear uncle, mum, Mr. Rental and Lease Agreement Templates. I look forward to continuing to rent from you and thank you again for your help. How to Write a Lease Extension Letter. Add All the Necessary Details as Part of Your LOI’s Body. Your posts are primarily about an informal lease extension - there are no 'rules', no timescales etc with that i. Hannah Faith, Leasehold Immobilien Paralegal at Frettens, watch at the Informal Lease Extension anreise. July 29, 2022. Lease Extension Request for [Rental Address] Dear [Landlord's Name], Please accept this letter as a formal request for an extension to the lease for [Property Address]. These are the “informal route” and the “formal” statutory route. The second is to simply agree a deal with your freeholder, known as an informal lease extension. It’s guaranteed. There is more information on formal negotiations below. farm equipment and/or livestock) to convey the right to use that property to a person or business for a designated period of time in return for some type of payment. Reasons for extension. The service of the Notice affords a flat owner a greater degree of bargaining power. Alternatively, if you are able to negotiate an informal lease extension with the freeholder, our legal fees are generally around £1,250 plus disbursements for such matters. Current address. The lease extension calculator is giving me a figure of £6-7k for the extension. Usually Section 42 notices are not required, although sometimes a landlord will request one to initiate the agreement. To request a lease extended, present ampere formal newsletter containing any to appropriate details their rental my to take ampere decision. In the best case scenario, a formal extension will set you back £1,000s, but where your lease is less than 80 years – or even just nearing 80 years –. Wesley, etc. Request Letter to Bank for Converting Savings Account to Salary Account – Letter to Bank Manager for Convert Salary Account. If the tenant fails to give the required notice, the landlord may be able to evict the tenant. Date the lease extension request is submitted. The lease on my premise expires on the 31st of March 2012, and I would like to renew it until 31st March, 2015. A lease is a legal document, so an lease extension letter send should may processed with the same floor of importance. I propose to pay you the prorated amount of [extension rent amount] for the An informal lease extension is a private agreement between the leaseholder and the freeholder to extend the lease terms. Request Extension on Payment –. Most specialist RICS surveyors offer a best and worst case scenario for what you should offer the freeholder to extend the lease using the statutory formula within the Leasehold Reform Act. The duration of the lease will be 2 years. Download. Dear sir, I, Amrita (employee ID: 12345), am on maternity leave since February 15. In the full block style, this goes in the upper left-hand corner. Date the rent increase will go into effect. The landlord’s interest is the term plus half of the marriage value: term (£622) plus the reversion value (£5,978) less the proposed interest (£74) = £6,526. If you are purchasing, and the lease needs extending, it is possible for the seller (if they have owned the lease for at least 2 years) to start the lease extension process and give the buyer the right to extend (assign the benefit of the notice). , 1-year), click here. With an informal extension, the leasing company extends the lease for a relatively short term — typically six months or less — without a new lease agreement and with the same payment schedule as in your original contract. The extension can then last as long as the leasing company wants, usually no longer than six months. Depending on the landlord’s preference, a simple lease renewal may be sent to the tenant or the landlord may decide to re-write an entirely new lease agreement to the tenant. e. DOC Create Document. Freeholder valuation. Opportunity Home will not approve an extension for a voucher unless the initial term of the voucher will expire before the receiving PHA issues a voucher to the family, the family. But I guess there's no harm in telling the lender. Date by which you need a decision, usually 10 days to two weeks. An informal lease extension process starts by making contact with the freeholder and negotiating the terms of the new lease. Please advise us of any further consideration given to this issue and the status or any negotiations wfth air carriers. Our Letter of Intent for Contract Renewal, Application Letter for Certificate Renewal, and Landlord Lease Extension Letter Templates Are Perfect for. The letter should include: Rent agreement sizes: Around is a specimen for reference - Times of IndiaThis method is called the informal route lease extension. TEMPLATE DOCUMENT . Thanking you,Informal lease extension. 00 to £600. Our June 15 letter encouraged the Airports Division to reconsider the langua. To: lender@bank. Approach the Other Party. The ground rent will be £250 a year, doubling every 10 years. In commercial property rentals, a lease extension agreement allows the business to remain in operation on the property after the original assignment of lease . Rent can't be increased during a fixed term agreement unless a. ”. A lease is a legally enforceable contract that allows the owner of real estate or personal property (e. In some cases, the tenant may be required to give 30 days’ notice, while in other cases, the landlord may be required to give 60 days’ notice. 1. In order to avoid any likely confusion, mention the duration of such leave with start and end dates. The ground rent will be £250 a year, doubling every 10 years. A rental lease agreement template usually includes information such as: Name and contact details of the rental property owner and tenant. The informal route. A LEASE adviser can consider the terms of the lease to identify if possible what is part of the demised premises and what belongs to the landlord. In addition, landlords may offer lease extensions to avoid having tenants leave before their lease expires. Leaseholders can sell their leases provided they comply with any provisions contained in the lease. Lee, I intend to renew your lease dated July 30, 2019, that will end on July, 30 2032. To demand a let extension, submit a informal letter included all the german details your landlord needs to makes a decision. Department of Housing and Urban Development. Address of Landlord. Request a deposit of £250 or 10% of the offered premium, whichever is the greater. Remove name from lease letter sample - 6-12-08 Letter to Rabbi Cunin Denying Lease Extension - smmc ca Arnold schwarzenegger, governor state of california resources agency santa monica mountains conservancy ramirez canyon park 5750 ramirez canyon road malibu, california 90265 phone (310) 5893200 fax (310) 5893207 v i a e l e c t r o n i c m. co. Below, you can find what a residential lease extension form typically looks like:Request Letter for Renewal of Lease Agreement - Sample… Request Letter for Extension of Employment Contract by… Request Letter for Renewal of Maintenance Contract - Sample… Request Letter for Property Valuation - Sample Letter… Request Letter to Landlord for Reduction in Rent - Sample… Request Letter for Issuance of. Question 1. There is a slight difference in meaning. Informal route. Name and contact information for the property manager (or property owner) Date of the letter. Re: Lease Expiration and Renewal for _____ Dear: It is a pleasure having you as a tenant and we hope you are enjoying your home. Before you go down the statutory extension route asking the Landlord is I think an obvious and important first step. TEMPLATE DOCUMENT. 39. Formal Lease Extension Advantages The informal lease extension process. However, ongoing ‘informal’ lease extensions, where the ground rent is to be increased above the existing ground rent, would need to be completed before 30 th June 2022. If you are interested in the steps to lease extension, read our next article: Lease extension process. The behind-the-scenes concern of senior politicians over managing agent Joseph Gurvits broke into the open yesterday when he was named in the House of Commons. No such eligibility criteria apply for informal lease extensions. Informal Car Lease Extension An informal extension is often a temporary measure that helps smooth out the transition between one lease and another. Subject: Lease Extension (Relocation) Letter. 12 July 2020 at 9:06PM. uk or call 0208 840 6640. Thank you once again for your generosity. Shared ownership lease extensions; Latest News The King's Speech 11:30am 7th November 2023. Professional Lease Extension Template. I would like to amend that date to end on [new date]. Urinalysis Authorization. Download a template informal letter enquiring about lease extension of a flat, or. Name and information of the tenant and landlord. Appoint a solicitor, paying advance (£160, variable) and providing valuation and offer letter. June 9, 2023 June 1, 2022. You should then refer to the original leave already granted to you. This will include the length of the extended term, the premium payable for the lease extension, and any future ground rent payable. Subject: Request for an extension of loan payments. A neighbour in our block completed an informal lease extension. The format of the acknowledgment letter for project must include the name and address of the sender. Step 3: Draft the Letter Address the tenant formally. L&Q are the freeholder of your property, and we are proud to be able to offer you a 990 year lease extension, inclusive of your existing lease term, with a ground rent of a peppercorn (£0). If you own an iOS device like an iPhone or iPad, easily create electronic signatures for signing a section 8 extension request letter in PDF format. The agreement is in effect after you and the tenant sign the lease extension. 3. Currently, the lease is set to expire on [date]. com. The lease agreement should be reviewed to see if there are any additional or specific requirements for requesting for an extension or renewal. Landlord/Lessor: [Lessor. Date the letter was written. 9k views [Recipient’s Name] [Recipient’s Address] [City, State ZIP Code] Sweetheart [Recipient’s Name], I am writing to getting an extension on the [Project Name], which be due on [Due Date]. Once you agree on the rent price, the tenant should complete a rental application. Instead, where a deed attempts either to: vary the length of a registered lease by. Yours sincerely, John Smith. How to Write Informal Letters: A Step-by-Step Guide; How to Write Formal Letters: A. Provide a valid reason for the request, such as unexpected. We need more memorandum examples and templates. Below is the sample letter for the extension of maternity leave (email format). Jeff and Karen Templin. Government entities, social services firms, and non-profit groups have accessible lease letter templates which you can utilize to negotiate your contract. This includes prospective. The legal letter shall be delivered at least thirty (30) calendar days before the end of the following rental period. At about 60 years, the cost of extending the lease increases by about 1% of the value of the property each year – i. Dates: February 14, from 9am to 11pm. The letter supposed include: Your name, current address and contact. A North Carolina month-to-month lease agreement is a contract (written or oral) that allows a tenant to rent property from a landlord, in exchange for a fee (“rent”), for a period of thirty days at a time. Whilst negotiating an informal lease extension, the freeholder may attempt to increase ground rent or introduce additional charges as part of the agreement. This letter is to formally inform you that I will be terminating our rental agreement effective 1 st October 2020. DATE. Why Should You Write. 0800 098 2770. It serves as a formal request to the landlord to extend the lease and outlines the terms of the extension. A tenant may receive a warning design letter for the following reasons: The tenant damaged the property or a particular area of the space being rented. This form contains the validity of the rental period means a tenant is taking the house for rent for how much. The initial term of the voucher will be 60 days. How to write an informal lease extension enquiry. This can be done at any stage prior to completion. [4] Georgia 60 Day Notice to Vacate. TEMPLATE DOCUMENT . This rental agreement letter is written between George Robert (landlord) and William Frank (lessee) for the apartment located at 567- White road North Ohio. FirstName] [Lessor. Sample Lease Extension Letter. Date letter is written. Use their proper title and name if known. Step 1 – Inform the Freeholder of your wish to pursue an extension through the statutory route. Generally, it is not necessary to send a demand letter before beginning judicial proceedings to recover possession of the property. This agreement is valid for a period of [Number] [Years/Months] starting from [Date] and ending. Note: For fixed term leases in North Carolina (i. These documents can be helpful in your process of drafting a lease extension letter, but there are nuances to the different kinds of lease extensions. They offer an informal lease extension and you pay them £10,200. In many cases, you can activate an informal extension simply by placing a call to the car company that provides your lease. won’t allow the freeholder to introduce new fees or charges into your lease. There is no obligation on the freeholder to respond or to agree to sell following this request. Amount of the rent increase. Begin the email by expressing your appreciation for the current lease and mention your desire to extend the tenancy. DOC. The non-statutory route, or an informal lease extension, is available to leaseholders regardless of how long they have owned their property. Please note lease extension valuations range from £500. Renewal of Passport: To request for a new passport. For request a lease line, submit a formal letter containing all the pertinent details get landlord needs to induce a decision. As an outright leaseholder, you have two options to extend your lease: Option 1: Proceed ‘formally’ in accordance with the procedure laid down in the Leasehold Reform, Housing. Reasons for extension. Under this route, leaseholders can approach the freeholder in the first instance and ask whether they are interested in selling them the freehold. However, some rental agreements require more or less notification, so always check your lease. Add the co-tenants’ names. It is easy to edit and is supported by Google Docs, Microsoft Word and Apple Pages. Gurvits was named – without comment and together with Peverel and Tchenguiz – in a brief intervention in the rental housing sector debate yesterday by Sir Peter. Late Payment Letters. Month-to-Month. Until request a lease extension, submit a formal letter containing all the pertinent details your landlord needs to make a decision. Sample Lease Extension Agreement. PDF . It will also set out the level in which a section 42 notice should be served upon the landlord. Writing a Contract Extension Acceptance Letter is an opportunity to formally accept the offer to extend your employment. She provides advice on contacting a free, instructions into write an extension enquiry furthermore what to look out for in the terms on extension. A brief summary of our Fixed fee costs for the informal route are set out below, click here for a detailed quote or call 0800 830 3388. The upfront costs involved in a lease extension will depend on the lease you currently hold and the procedure you wish to follow; Informal procedure: - Peabody administration fee: £250 inc. The pro se party submitted a letter request for a 30-day extension of dauer. This fee will be non-refundable, and they know this. Follow these steps to compose a letter that conveys your appreciation and commitment: Address the Employer: Begin your letter by addressing your employer or the relevant contact person. I am writing this letter in order to request you to not renew the lease contract bearing contract number _____ (contract number) for the above-mentioned address further. (Describe in your words). Having gone through four years of college, graduating with a good GPA along with multiple summer research stints/internships, then applying to several US universities at considerable expense, and finally being rewarded with an acceptance letter from a respected. If you have an absent freeholder, see our guide on what your options are. Date first new rent payment will be due. The late Louie Burns has written on the LKP website about the cheating played by freeholders with informal lease extensions. Date the Increase takes effect. Write Notice. Grove City, Ohio 43123. The informal route is where the leasehold er simply contacts their landlord (usually the freeholder) to try and negotiate a lease extension. Formal Lease Extension AdvantagesThe informal lease extension process. PBV Application Overview. While informal lease extensions offer simplicity and cost savings, they come with risks and uncertainties. Formal lease extension For a formal lease extension, on the other hand, you have to sign a change to the lease. City, State, Zip Code. A statutory lease extension. Remember to be respectful, concise, and appreciative in your approach. This is a basic lease renewal template that just gets your work done sufficiently and assists you in creating a clean letter to propose to your tenant regarding the extension of the lease along with the related details. The landlord is going to need some details to justify a lower rent payment, so provide the details. The letter should include: Your company, current address additionally contact informationAdvantages of the statutory procedure. PDF . A statutory lease extension allows a leaseholder to add 90 years onto the term remaining on their lease. Updated October 11, 2023. While lease renewals and lease extensions are similar in many ways, landlords often use the lease extension when they want to keep a tenant in a property for just a few months after the original lease expires. You can position the date at the top left of the letter or after the recipient's address. How Starck Uberoi can help. Whoever is looking for a house for rent then it is the legal form which will track the record of all the details. £900 (estimated) Solicitor fees (for freeholder) £1200 – £3000 (estimated) Surveyor negotiation costs. A standard residential lease agreement (or “rental agreement”) is a contract for a tenant to use a landlord’s residential property in exchange for paying rent. Step 1: Review the Original Lease Check the original lease terms and conditions. This notice also informs the landlord of the move-out date and where to send the security deposit. • You will be required to pay your freeholder’s reasonable legal and surveyor costs, as well as the legal and valuation costs of your own surveyor. If the landlord cannot write off a portion of the rent as in the above, then a third option is to ask for a payment holiday in your letter to landlord to extend a lease . A lease is a legal document, so an lease extension letter send should may processed with the same floor of importance. We looked at your payment records carefully and have found that you are already overdue on your account and it has been [ length of time] since your last payment. , a fixed-term lease or a month-to-month lease. Renew Employment Contract Extension, Employee Contract, Tenancy Contract, Landlord Tenant Agreement, or Rental Lease Contract with Template. you’re a service tenant employed by the landlord. Use the guide and template provided to effectively convey your request, enhancing your chances of receiving a favorable response. Late Rent Notice Template. A lease is a legal document, how a lease extension letter request should be treated with the same level of importance. If you agree to the terms of the lease extension, then by all means you can stay longer in the property you're renting at the moment. Estimate the premium you are likely to be expected to pay to the landlord by using an online lease extension calculator or ask other leaseholders under the same roof what they have previously paid. A lease the a legal document, so a lease extension newsletter request should be treated with the same level of importance. In many cases, you can activate an informal extension simply by placing a call to the car company that provides. Terminate the letter with a polite and professional sign-off. The formal route involves using your statutory right to a lease extension under the Leasehold Reform Housing and Urban Development Act 1993. An informal extension is meant to be a shorter-term option. At conversion, your public housing lease will be terminated and you will be asked to sign a new Section 8 lease. A lease extension for a flat can dramatically increase its value, even for flats with long leases. Formal Lease Extension – The Disadvantages. A lease is a legal document, so adenine lease extension letter request should be treated with the same level the importance. Note, unlike the example here, most roommates are not also co-tenants on the original lease. Our rent increase notice template can help you put together a notice for your tenants that’s easy to understand. The company must grant permission for. A lease is a legal document, so a lease extension note request should remain treated with the same rank of importance. Informal lease extension process. Memorandum Templates & Examples. The tenant was unable to pay at the proper period or the given time extension. The costs linked to drafting and serving a Section 42 Notice varies with different solicitors. If you wish to proceed with your lease extension you must send written confirmation of your acceptance of the premium and the lease extension, and C) Asking for a Rental Payment Holiday. 2. I am ready to pay more rent as the contract of tenancy allows you to raise the rent amount for another year in case you extend it. Below is an informal lease extension offer from the freeholder of this flat. Here we look at the legal or conveyancing process for buying a leasehold property. receive a Lease Extension Offer with confirmation of the premium payable for a new 125 year lease. I must admit how much I enjoyed staying in your rentals. A lease will adenine judicial register, therefore a engage extension letter request supposed be treated including an just level of significance. 3. Timing is everything. Sweetheart [Tenant’s Name], I hope is letter finds you in good health and spirits. To [Recipient name] Dear, [Recipient name] This agreement is intended to clarify the rental terms of the unit [Unit name and number] given to the tenant [Tenant name]. 345 Main St. As the terms of the acquisition of the. A lease can a legal document, so adenine rent extension letter request should be treated with the same level for importance. Whereas the informal route, whilst it may be cheaper in the short run, you may have increased ground rent and the extension period on offer may only be another 30odd years to take the lease back up to 99 years. follows a formal timetable where you. As your solicitor, we will advise you if the length of the lease extension agreed and the amount of the ground rent is suitable for your objectives and, in. She owns the flat 100% with a mortgage but the block is owned by a housing assoc. Our experienced lease extension solicitors will deal with your matter efficiently, and negotiate to ensure you get the best possible premium. Once the valuation has been obtained, the leaseholder must serve formal notice on the landlord of the property. The terms can renew each month if both the tenant or the landlord agree to keep it in place. Our lease extension calculator results reflect an extremely close approximation of the true cost of extending your lease in accordance with the rules, common law. RE: Lease Extension. In very simple terms, the Statutory lease extension process typically works like this: 1) You make an offer for the lease extension, let's say £5k 2) Your freeholder makes a counter offer, let's say £12k 3) You (or more likely your valuers) negotiate 4) If you can't agree, you go to a tribunal and each side puts their case. 15. Unlike a lease. Step 2 – Appoint a lease extension solicitor with expertise in the field and who is a member of the. Alert your tenant that excessive utility usage has been noted with this direct and to-the-point form. You can keep your vehicle for a total of five years, including your original contract and formal extension. Under the contractual terms of your lease, this letter is to notify you that, 30 days after receipt of this notification, your monthly rent will increase by $100, resulting in a new monthly rent of $2100. An informal lease extension can be considerably quicker than the statutory route. Denial of Request for Extension of Time letter – sample 2. Question 2. What is a Leave Extension Letter? Answer: A leave extension letter is a formal document that follows up on a previously approved leave application, often seeking an extension of the leave due to an unforeseen circumstance (such as a sudden illness). Waiver Letter. A lease extension can be both formal or informal. The Leasehold Advisory. For informal applications received after 1 September 2021, we'll extend your lease where possible to a new 990-year term. The agreement remains active until either party gives proper notice to end it. Template 2 - Letter to landlord asking to inspect insurance policy. Your custom letter template will instantly convert every form response into an easily. How to Renew a Lease (4 steps) 1. Once the lease falls below 80 years, the landlord is entitled to receive 50% of the increase in property value when an extension iss granted; this “Marriage Value” is what makes it. The agreed terms usually differ in that the number of added years is less (than +90) and commonly the ground rent remains, or even increases. If you have staircased to 100%, the normal statutory rules apply and you can extend formally. DATE. This is sent at the end of the lease period and should include instructions on where to send the security deposit. • You will be required to pay your freeholder’s reasonable legal and surveyor costs, as well as the legal and valuation costs of your own surveyor. will increase the length of your lease by 90 years. I would like to amend that date to end on [new date]. There is a statutory right to a lease extension on a leasehold property. The address of the rental property and unit number, if applicable. Random Letter Requesting Extension of Time (Visa or Permit) [Your Name] [Your Address] [City, State ZIP Code] [Email Address] [Today’s Date] [Recipient’s Name] [Recipient’s Address] [City, State ZIP Code] Dear [Recipient’s Name], I am writing to request an extension on my [Visa/Permit Type] any is set to decay on [Current Expiration Date]. Dear Ms. Attach any documents or evidence you may need to support your request. This agreement will include clauses to reflect the agreed individual shares of the premium and costs of each flat owner and their entitlement to a 999 year lease after acquiring the freehold. Ground rent is mentioned only as ‘’New Rent’’. 6 score on Trustpilot. Free Lease Extension Letter. Size: 43 kB. Sincerely, [Your name] Letter Template 12: Hello landlord, Thank you for your generous offer of rent waiver. Step 4 – Receive the Signed Lease Extension. As a landlord, if you desire to extend a lease agreement with your tenant, it is important to draft a lease extension anschreiben. Reasons for extension; Dates by which you need a determination, mostly 10 days to two weeks; Putting your request in writing plus keeps ampere take shall any issues arise while the extension period. This applies where the customer has owned 100% of the leasehold interest in the property for at least 2 years. A reference to (or copy of) the original lease. The zuschrift should include: Know your Options and ResponsibilitiesThis means a landlord can update the lease provisions from one fixed term to the next, and make the lease renewal dependent on the tenant agreeing to any new terms, including rent. Provided the tenant meets the elibibility criteria, they have a legal right to renew their lease (extend the number of years remaining). Also, your late fee will be [AMOUNT] for any rent paid after the [7th] of the month. This is the statutory lease extension allowance, but there may be occasions where the term can be less, and this will be dependent on whether we own the freehold of your home. The simple agreement regarding visitor acceptance has not been followed. You can address the recipient by their name as well. Subject: Extension of maternity leave. How to Extend a Lease (4 steps) Gather the Original Lease. As many of you know, the process of acquiring a student visa (F-1 visa) to the United States is nerve-racking for Indian families. com or call us for free on 0800 030 6908. The Tenant and Landlord have agreed mutually to extend the term of the lease for [Time Period]. If you wish to obtain some free and impartial advice on your property, either email or call us on 020 7183 2578. A month-to-month rental agreement is a lease that does not have a traditional end date. However, I find myself unable to rejoin the office just yet. Here he turns his attention to the minefield of dealing with your freeholder to get a formal lease extension. Leasehold owners wishing to extend the lease on their residential property have statutory rights under the Leasehold Reform and Urban Development Act 1993. Extension costs and added value from Homehold, based on Upper Tribunal guidance. August 22, 2022 July 14, 2021. Here is a sample temperature can use to write an informal rental agreement letter. Informal Extension is a short-term solution designed to help. Feb 4, 2020. The letter should include: Your name, actual address and contact. Step 2: Lease-End Inspection. 42 notice as to avoid any late payment. e. [Landlord’s name] [Landlord’s address] [ Date] Dear [landlord’s name] I am the leaseholder of [ insert address of the flat] and I am writing to you to enquire. For LOIs involving property, include the details of the property itself such as size, price, etc. When the leasehold gets down to zero years, it is practically valueless as the whole property reverts to the freeholder. Cons. Lease Renewal Reminder Letter – Sample Letter to Landlord for Lease Renewal Reminder. RE: Lease Extension. You have been a model tenant and have demonstrated responsibility. Informal Letters. 1 Use of deeds of variation. Ju ly 10, 2032. Amount of the current rent. Sub: Employment Contract Extension. To request an leasing extension, submit adenine informal letter containing all the pertinent details own renter needs on make a. Name of Landlord. Next, input your whole name using the left justification. Informal Route Lease Extensions; 4.