Eleven months go by faster than expected. Suddenly the landlord messages: time to renew. Many tenants simply re-sign whatever is put in front of them, assuming it is the same as before. Sometimes it is. Sometimes it is not. Here is how the renewal process works, what you should check before signing, and whether you…
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Rent agreement renewal should be simple. In practice, it’s often where tenants get caught off guard. A landlord sends a new draft. The tenant signs it without reading carefully. New clauses have been added. The rent escalation is higher than originally agreed. A previously balanced notice period is now asymmetric. None of it was discussed.…