How do you propose to be able to afford the lease in the future? As a general rule, your rental agreement ends automatically if you leave until the last day of the limited time. Some contracts state that you must terminate, so check your agreement. There are other ways to renew a lease agreement that are as legitimate as the 2 approaches mentioned above, but may not be used as often. In the case of rental agreements, both parties may terminate the rental agreement at any time as long as the required notice period (usually two months) is respected. Once you`ve found good tenants, you`ll want to hold on to them, right? In this sense, you should not leave too late to start negotiations for an extension of the lease when the initial term expires. .