Document background
The Intent To Renew Lease Letter is a crucial document in Hong Kong's property leasing process, typically used when a tenant wishes to extend their occupancy beyond the current lease term. This document should be prepared and sent well in advance of the lease expiration date, usually within the timeframe specified in the original lease agreement or as per Hong Kong market practice (typically 3-6 months before expiry). The letter serves multiple purposes: it formally notifies the landlord of the tenant's intention to renew, initiates the renewal negotiation process, and creates a paper trail for the renewal discussions. In Hong Kong's competitive property market, this document is particularly important as it helps secure the tenant's interest in the property and provides a foundation for negotiating renewed terms.
