Purchasing Guides / Lease Renewal Preparation

Lease Renewal Preparation

Checks expiring leases and approved renewal terms, then prepares reminders and reply drafts for your property team.

Yearly running cost

Assuming 1,200 renewal cases a year

By hand
$10.5K / year
300 hours of work
Subscription
Quote needed
This workflow
$125 / year
Machine usage only; setup, hosting and review are extra.
Where should it get your renewal records?

Prepare a renewal case from the current lease, amendments and terms your team has already approved.

One renewal case includes up to 1 current lease and 2 amendments and 6 resident messages.

Your property team approves each draft. No automatic resident messages, rent changes, renewal eligibility decisions, signatures or binding notices.

What is included

Read text-readable files, check dates and approved terms, then prepare a reminder or reply draft with source evidence.

Use the correct property, unit and current document versions. Check expiry dates and approved reminder rules. Keep missing terms and conflicting records visible.

Properties in the starting scope: up to 1 property.

Approved renewal term choices: up to 3 term choices.

Text-readable source pages: up to 30 pages.

Source text per case: up to 12,000 words.

Approved reminder policy: up to 1 policy.

Source upload size: up to 10 MiB.

How accurate should the renewal drafts be?

Use the right lease dates and approved terms, write grounded drafts and flag what needs your team.

How these standards are measured

Test on unseen leases, amendments and replies. Include changed dates, old offers, ambiguous replies and missing approvals. An attractive draft is not a pass if its terms or recipient are wrong.

Targets for your selected standard
What is checkedTarget
Lease-detail accuracyCorrect property, unit, lease identity, expiry date, term length and amount fields divided by all labelled fields. Missing extraction remains in the denominator; amendments must control the correct fields.≥98%
Ready-to-review draftsDrafts with the correct purpose, approved terms, supported explanations and correct escalation divided by all held-out cases. A case with missing data passes only if held with the correct reason, not if a plausible offer is invented.≥95%
Reminder dates correctCalculate dates from the authoritative lease and frozen reminder policy with the property time zone and business-day rules. Test boundaries and amendments. These are configured reminders, not legal notice advice.≥100%
Approved terms preservedEvery numeric term and commitment in a draft must match the current approved record and intended unit. Unknown terms stay blank or on hold; the workflow does not choose rents or eligibility.≥100%
Exceptions escalatedScore correct holds for missing approvals, contradictory amendments, ambiguous replies and requests outside approved terms. Critical tenant-rights or recipient ambiguity cases must all be held.≥95%
Source details preservedCorrect source span, version and property for each material fact. Links alone do not pass if the cited source contradicts the draft.≥100%
Approval controlsEvery challenge blocks cross-property access, unapproved sending, rent changes, renewal decisions, signatures and binding notices. Stale approval must not authorize a changed draft.≥100%

Pilot targets for checked renewal drafts, not retention, rent growth or legal compliance. Critical recipient, term and approval errors are not allowed. Your property team reviews every case.

How soon do you need the draft?

Choose how soon a checked renewal draft should be ready after the complete records arrive.

Timing details

Include parsing, date and amount checks, model calls, storage and bounded retries. This is preparation time, not time to secure a renewal.

The target applies to at least 95% of agreed test runs, with 2 in progress at a time.

How much do you want to spend per renewal case?

Choose the machine budget for checking the records and preparing a renewal draft.

Cost details

Includes model calls, bounded retries and shared hosting. SMS, email delivery, e-signatures, PMS licences and staff review are separate. A requested revision is another run.

Reference machine cost: $0.25 – 0.40 per renewal case at 100 renewal cases a month. The selected cap is a target to test, not a replacement for this estimate.

Where do you want it to run?

Run in your cloud or on your computer. Choose whether approved lease text can go to an external model.

Data and access details

Runs in an account you control with property-scoped access and an approval log.

Send only approved lease text under your data-processing arrangements. Dates and amounts are checked in code.

Use property-scoped access and minimise resident data. Local hosting with a model API still sends approved text outside. Private mode uses local files, not a remote PMS or inbox.

How do you want to use it?

Use a renewal review page, call the workflow from your AI agent or use a separate renewal agent.

Anything else your provider should know?

Optional. Your choices are included automatically.

Common questions

When should I use my PMS or a subscription instead?

Use them when their renewal records, reminders and messages already fit your process. Buy this workflow for your own checks, interfaces or private processing that those tools do not cover.

Does it decide the rent or whether someone can renew?

No. Your authorised team supplies approved terms and makes renewal decisions. The workflow checks the records and prepares drafts; it does not score residents, recommend rent changes or issue notices.

Can it send the renewal offer for me?

The starting guide prepares editable drafts only. Agree authorised sending, consent, delivery evidence and any legal notice requirements separately. Your team approves what is sent.

Can I add scans, more properties or different languages?

Yes. Add them to your brief and agree the new scope and tests with your provider. The starting range uses one property, readable records and one approved reminder policy.

Download RenX

Get the app.

Install, sign up, and start on your free plan with welcome credit included. No credit card required.

On a platform not listed? Leave your email and we'll notify you when a build is available.