# Renew Contract

Ottu empowers merchants to seamlessly renew existing contracts. Detailed explanations on how to initiate Contract Actions are accessible [here](https://docs.ottu.com/user-guide/real-estate/regular-activities/tenant-and-contract-management/contract-management/contract-action/..#to-trigger-contract-actions). 

When merchants select **Renew Contract**, the system will redirect them to the [Renewal Contract Form ](#renew-contract-form)for further processing.

#### Renew Contract Form

Most of the information will be filled automatically, and cannot be modified.

**Merchant should fill:**

* #### New Contract End Date: 

  The proposed end date for the renewed contract.

Below will be automatically populated, but can be modified.

* #### New Contract Amount: 

  Rent amount for the [unit](https://docs.ottu.com/user-guide/real-estate/property-management#add-units).
* #### New Original Contract Amount: 

  The maximum amount that the merchant can demand the customer to pay within each [phase](https://docs.ottu.com/user-guide/real-estate/regular-activities/tenant-and-contract-management/add-new-contract#payment-period) of payment.
* #### Contract Reference:  

  A unique identifier or code assigned to the contract for tracking and reference purposes.
* #### Upload Attachment: 

  Any relevant documents or attachments related to the contract renewal.

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