Property Management
A North Dakota property manager who receives a request for a lease renewal from an existing tenant should:
AAutomatically renew without reviewing the tenant's record
BReview the tenant's payment history, property care, and lease compliance before deciding on renewal terms✓ Correct
CAlways increase the rent by 10% at renewal
DOnly renew if the property has been vacant for 30 days
Explanation
Lease renewal decisions should be based on a review of the tenant's track record: payment history, property condition, lease compliance, and relationship with neighbors. Good tenants are valuable assets; problematic tenants warrant different renewal terms or non-renewal.
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