What You Should Know About Renewing a Rental Lease Agreement Summary: When rental agreements near an end, renewing your tenant’s lease may not always be in your best interest. Renewing a lease may save time and money, but it might also block potential profit from desirable renovations or keep potentially undesirable tenants in your property. As the end of the lease approaches, it’s essential to consider pros and cons of renewal before making your decision. Disclosure:  This content, except as otherwise indicated or stated on this site, is the property of TransUnion Rental Screening Solutions, Inc. This content is for educational purposes and for convenience only. Trademarks used are the property of their respective owners, and no endorsement or affiliation is implied. The information presented in this content is “as is” without warranties of any kind, and specifically is not represented to be complete and does not constitute legal advice, and is subject to change without notice. You ar