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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 template form

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How to fill out Lease Extension Agreement

01
Start with the title: Clearly label the document as 'Lease Extension Agreement.'
02
Include the date: Write the date on which the agreement is being made.
03
Identify the parties: Include the names and contact information of both the landlord and tenant.
04
Provide property details: Specify the address of the leased property.
05
State the original lease terms: Reference the start date and end date of the original lease.
06
Indicate the new lease term: Clearly state the new lease end date after the extension.
07
Outline rental payment details: Specify any changes to the rental amount or payment schedule.
08
Include provisions: State any additional terms, conditions, or responsibilities for both parties during the extended lease term.
09
Signature lines: Provide space for signatures of both the landlord and tenant, along with the date of signing.
10
Keep a copy: Ensure that both parties retain a signed copy of the agreement for their records.

Who needs Lease Extension Agreement?

01
Tenants who wish to stay in their rental property beyond the original lease term.
02
Landlords who want to extend the occupancy of current tenants instead of finding new ones.
03
Property management companies who handle multiple leases and need to manage lease terms effectively.

Who needs the Lease Extension Agreement form?

After a landlord agrees to grant a lease extension, a form must be signed specifying the terms of agreement. The Lease extension agreement form is for both the tenant and the landlord to use when agreeing upon extending a lease on a property.

What is the Lease Extension Agreement form for?

If the landlord and/or tenant, whose lease is due to expire, would like to extend the lease until a later date, this form is proof of the commitment between them.

Is the Lease extension agreement form accompanied by other forms?

No other form needs to accompany a lease extension agreement as this form is enough to confirm both the tenant’s and the landlord’s commitment. However, a period of preparation should be followed before the lease extension agreement can be signed and may therefore require additional documents.

When is the Lease Extension Agreement form due?

The extension agreement is due any time before the official expiration of a lease. The landlord may give the tenant a 60-day notice before the expiration date, and an extension agreement may be completed in that period.

How do I fill out the Lease Extension Agreement form?

The form should be signed by both the landlord and the tenant. They should provide information such as:

  • Names of both the tenant and landlord

  • Address of property

  • Date of agreement and new date of expiration

  • Period of extension

Both parties need to provide their signature as proof of written consent for extension.

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A Lease Extension Agreement is a legal document that allows the parties involved in a lease to extend the duration of the lease for a specified period, under existing terms or adjusted terms.
Typically, both the landlord and the tenant are required to sign and file the Lease Extension Agreement to formally document the new terms of the lease extension.
To fill out a Lease Extension Agreement, you need to include the names of the landlord and tenant, the original lease details, the new lease term, any changes to the terms, and signatures from both parties.
The purpose of a Lease Extension Agreement is to legally extend the lease term of a property, allowing the tenant to remain in the property for a longer period while providing the landlord with assurance of continued rental income.
The Lease Extension Agreement must include the names of the parties involved, the property address, the original lease date, the new expiration date, any modifications to the terms, and signatures from both the landlord and tenant.
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