Common Contracts
1 similar Extension of Lease Agreement contracts
Extension of lease agreement formatExtension of Lease Agreement • July 16th, 2023
A Lease Renewal Agreement is a document that allows a landlord to extend the current rental period with a tenant. This form modifies the original lease agreement’s expiration date while maintaining many of the same terms established in that lease. Table of Contents What is a Lease Renewal Agreement? Lease renewal and extension agreements officially continue a rental contract before the lease expires. Though lease renewals and extensions have the same effect, they differ. A lease renewal agreement is essentially a new contract that updates the duration of the rental period and may contain new terms. You can also use lease renewal agreements to renegotiate terms, such as a rent increase or new tenant amenity benefits after the current lease period ends. On the other hand, lease extensions continue the current terms by extending the agreement after the end of the original lease period. Lease Renewal vs. Lease Extension As you approach the end of your lease agreement, you can avoid misunde
