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New Stabilized Lease Renewal Increases

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Attn: All TENNET Users

RE: New Stabilized Lease Renewal Increases

Please be advised that the Rent Guidelines board finally had their meeting last night, and the new stabilized lease renewal increase percentages effective 10/1/15 are as follows;

1 Year Renewal – 0%

2 Year Renewal – 2%

These new increase percentages have already been established for all TENNET users, so please proceed and send out all leases due for 10/1/15 & 11/1/15 at your convenience.

Thank you for your attention and have a good day.

TENNET Support Team

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