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This lease extension agreement along with the attached original lease is the entire agreement between both parties. Lease Extension Agreement This lease extension agreement was created on 20 between hereinafter the LESSOR and hereinafter the LESSEE for the property Located at The agreement certifies that the parties agree to extend the lease agreement for an additional time period of starting on 20 and ending on This lease will be extended at a rate of per This document binds the Lessor and...
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How to fill out lease extension agreement form

01
Start by gathering all relevant information about the lease, including the names of the parties involved, the original lease agreement details, and any agreed-upon changes or modifications for the extension.
02
Review the original lease agreement to understand the terms and conditions, such as the duration of the lease, rent amount, and any specific provisions or clauses that may need to be addressed in the extension.
03
Consult with the other party involved in the lease, usually the landlord or property owner, to discuss the possibility of extending the lease and negotiate any changes, such as the duration of the extension or rental terms.
04
Once both parties have reached an agreement, draft a lease extension agreement that includes the new terms and conditions. Ensure that all relevant information is accurately recorded, such as the names and addresses of the parties, the start and end dates of the extension, any rent adjustments, and any additional provisions or clauses to be included.
05
Review the lease extension agreement carefully to ensure that all terms are clear, fair, and satisfactory to both parties. Seek legal advice if needed to ensure the legality and enforceability of the agreement.
06
Sign the lease extension agreement in the presence of a notary public or witnesses, as required by local laws or regulations.
07
Retain a copy of the fully executed lease extension agreement for both parties' records.
08
It is important to note that a lease extension agreement is typically needed when both the landlord and tenant mutually agree to extend the existing lease beyond its original term. The agreement ensures that both parties are legally bound to the new terms and conditions of the extended lease period and provides clarity on the rights and responsibilities of each party during this time.
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