Rental renewal

Have the option to renew your lease before it expires.

This could be implemented in a few ways. With one being similar to secure trades.

Where the renter, could request a renewal of their lease. The person leasing could then set the amount of days and the price. Then, the person renting would then have the chance to accept the new terms.

This option would come up 3 days prior to the lease ending. To give the person time to request and have it countered before they are forced out. This can be a bit frustrating as then you have to rebuild your happy back up and if you do any short week long leases it can be a pain to have to rebuild it back up.

Their could also be an option for the person leasing the property, to send a request to renew or modify their lease. The new person can then accept or decline.

You could even have the option for the lease to auto renew at a set price and days. And the person renting would have to agree and pay in advance(like a holding account) that would be transfered to person owning the property upon renewal. It would be transfered similar to checks from stocks. To prevent mugging.

I like the idea of Auto Renewal, it'd save time looking at all these prices to find a good renting price like the one you had before and the only downside I could think of, is that if a player went away for more than a month and auto renewal implemented, it'd cause a major amount of PI that usually are available in the market to simple not be available since afk player are auto renting them.

Good idea,

Could have alerts 24hrs before rental expiry.
An option to renew & pre pay, or opt out. Inaction = no renewal.

I like this idea, however to counteract afk players squatting in rental PI you could have the renewal based on player activity, last log on or simply just have an event 3 days before requesting the same rental agreement to be agreed upon.

R+

I was coming to make the same or a very similar suggestion.

If you are renting a property then you should have an option to renew or extend the lease. At the moment you get an event notification when 24hrs are remaining, and that game mechanic could open up an 'Extend Lease' button on the property page to renew on the same terms you previously agreed (as long as the owner wants to keep the property on the market)

Clicking on the extend lease button will take the money from your wallet immediately, and can pass to the owner in the same way it does now, either immediately or at the time it renews.

Any auto-renew option should be dependent on having cash in your wallet at the time of payment

I'll edit my post later. As these are good ideas.

Urgh.
Lease expired...
Waiting for landlord to set up new contract = happiness lost...

This, we need this function, it would streamline an underated function of the game.