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When will I receive my renewal offer?
Most property managers send renewal offers 60-90 days before your current lease ends. You'll receive an email notification and see an alert in your dashboard as soon as your offer is available.
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How long do I have to respond?
Your property manager sets the response deadline, typically 14-30 days from when the offer is sent. You'll see a countdown timer showing exactly how much time remains, and you'll get reminder notifications as the deadline approaches.
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Can I negotiate the renewal terms?
Yes! Use the built-in messaging feature to discuss renewal terms with your property manager. You can ask about the rent increase, request different lease dates, or propose alternative terms. Your property manager can update the offer if they agree to changes.
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What happens if I don't respond by the deadline?
If you don't respond by the deadline, the renewal offer typically expires. Your lease will end on the original end date, and you'll need to make move-out arrangements. We send multiple reminders to help you avoid missing the deadline.
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What if I accept but change my mind later?
Once you accept a renewal offer, it becomes a binding lease agreement. If circumstances change, you'll need to discuss options with your property manager. Depending on timing and your lease terms, you may be able to negotiate an early termination.
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Can I see my renewal history?
Yes! All your renewal offers and responses are saved in your account. You can review past renewals, see what rent increases you accepted, and track your lease history over time.
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Is the renewal process legally binding?
Yes. When you accept a renewal offer through MyRentalSpot, you're entering into a legally binding lease agreement. Review all terms carefully, ask questions if needed, and only accept when you're certain you want to renew.
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What if my property manager doesn't use digital renewals?
If your property manager hasn't sent a renewal offer through MyRentalSpot, they may be handling renewals through email, mail, or in-person. Contact them directly to ask about their renewal process. You can also share information about MyRentalSpot's renewal features with them.
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