What are my lease renewal options?

Our standard lease requires two full calendar months’ notice if you decide to terminate your lease and vacate the property at the lease's end. But if you don't intend to vacate, you essentially have three different options:

1. Renew your lease at a full 12-month term at the current fair market rent; this is usually a small increase over your existing rent amount
2. Renew your lease for a non-standard lease term of anywhere between 3 months and 18 months for a higher rent amount and a monthly $25 admin fee.
3. Continue your lease on a month-to-month basis with a 15% increase over your current monthly rent

Please note that Revolution Rental Management reserves the right not to allow a month-to-month or short-term lease depending upon the circumstances, and can terminate a month-to-month tenancy at any time with the minimum notice period required by the lease or the law. Therefore, if you have a minimum period of time you need to stay, it's essential to sign a formal lease renewal rather than going month-to-month.

The following are the rent premiums added on top of the normal fair market rent for non-standard lease terms:

If you intend to do anything other than renew your lease for a full 12 months, please let us know by emailing support@therevolutionfirm.com.