diff --git a/x/registry/keeper/keeper.go b/x/registry/keeper/keeper.go
index b96f888d..307e6612 100644
--- a/x/registry/keeper/keeper.go
+++ b/x/registry/keeper/keeper.go
@@ -418,9 +418,46 @@ func (k Keeper) GetModuleBalances(ctx sdk.Context) []*registrytypes.AccountBalan
 }
 
 // ProcessRecordExpiryQueue tries to renew expiring records (by collecting rent) else marks them as deleted.
-func (k Keeper) ProcessRecordExpiryQueue(ctx sdk.Context) {
+func (k Keeper) ProcessRecordExpiryQueue(ctx sdk.Context) error {
 	// TODO: process expired records
 	cids, err := k.getAllExpiredRecords(ctx, ctx.BlockHeader().Time)
+	if err != nil {
+		return err
+	}
+
+	for _, cid := range cids {
+		record, err := k.GetRecordById(ctx, cid)
+		if err != nil {
+			return err
+		}
+
+		bondExists := false
+		if record.BondId != "" {
+			bondExists, err = k.bondKeeper.HasBond(ctx, record.BondId)
+			if err != nil {
+				return err
+			}
+		}
+
+		// If record doesn't have an associated bond or if bond no longer exists, mark it deleted.
+		if !bondExists {
+			record.Deleted = true
+			if err := k.SaveRecord(ctx, record); err != nil {
+				return err
+			}
+
+			if err := k.deleteRecordExpiryQueue(ctx, record); err != nil {
+				return err
+			}
+		}
+
+		// Try to renew the record by taking rent.
+		if err := k.tryTakeRecordRent(ctx, record); err != nil {
+			return err
+		}
+	}
+
+	return nil
 }
 
 // getAllExpiredRecords returns a concatenated list of all the timeslices before currTime.
@@ -463,3 +500,64 @@ func (k Keeper) insertRecordExpiryQueue(ctx sdk.Context, record registrytypes.Re
 
 	return k.RecordExpiryQueue.Set(ctx, expiryTime, existingRecordsList)
 }
+
+// deleteRecordExpiryQueue deletes a record CID from the record expiry queue.
+func (k Keeper) deleteRecordExpiryQueue(ctx sdk.Context, record registrytypes.Record) error {
+	expiryTime, err := time.Parse(time.RFC3339, record.ExpiryTime)
+	if err != nil {
+		return err
+	}
+
+	existingRecordsList, err := k.RecordExpiryQueue.Get(ctx, expiryTime)
+	if err != nil {
+		return err
+	}
+
+	newRecordsSlice := []string{}
+	for _, id := range existingRecordsList.Value {
+		if id != record.Id {
+			newRecordsSlice = append(newRecordsSlice, id)
+		}
+	}
+
+	if len(existingRecordsList.Value) == 0 {
+		return k.RecordExpiryQueue.Remove(ctx, expiryTime)
+	} else {
+		existingRecordsList.Value = newRecordsSlice
+		return k.RecordExpiryQueue.Set(ctx, expiryTime, existingRecordsList)
+	}
+}
+
+// tryTakeRecordRent tries to take rent from the record bond.
+func (k Keeper) tryTakeRecordRent(ctx sdk.Context, record registrytypes.Record) error {
+	params, err := k.GetParams(ctx)
+	if err != nil {
+		return err
+	}
+
+	rent := params.RecordRent
+	sdkErr := k.bondKeeper.TransferCoinsToModuleAccount(ctx, record.BondId, registrytypes.RecordRentModuleAccountName, sdk.NewCoins(rent))
+	if sdkErr != nil {
+		// Insufficient funds, mark record as deleted.
+		record.Deleted = true
+		if err := k.SaveRecord(ctx, record); err != nil {
+			return err
+		}
+
+		return k.deleteRecordExpiryQueue(ctx, record)
+	}
+
+	// Delete old expiry queue entry, create new one.
+	if err := k.deleteRecordExpiryQueue(ctx, record); err != nil {
+		return err
+	}
+
+	record.ExpiryTime = ctx.BlockHeader().Time.Add(params.RecordRentDuration).Format(time.RFC3339)
+	if err := k.insertRecordExpiryQueue(ctx, record); err != nil {
+		return err
+	}
+
+	// Save record.
+	record.Deleted = false
+	return k.SaveRecord(ctx, record)
+}
diff --git a/x/registry/module/abci.go b/x/registry/module/abci.go
index 60c161dd..f2ae1897 100644
--- a/x/registry/module/abci.go
+++ b/x/registry/module/abci.go
@@ -13,8 +13,6 @@ func EndBlocker(ctx context.Context, k keeper.Keeper) error {
 	// TODO: Implement
 	sdkCtx := sdk.UnwrapSDKContext(ctx)
 
-	k.ProcessRecordExpiryQueue(sdkCtx)
+	return k.ProcessRecordExpiryQueue(sdkCtx)
 	// k.ProcessAuthorityExpiryQueue(ctx)
-
-	return nil
 }