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This document serves as an extension of the Lease Agreement for Suite 123 between the Kenai Peninsula Borough and SeaView Community Services, detailing the terms of the lease extension and rental

How to fill out lease agreement extension

How to fill out LEASE AGREEMENT EXTENSION

1. Begin by reviewing the original lease agreement to understand the terms and conditions.
2. Determine the new lease term that both parties agree upon.
3. Fill out the date for the extension and ensure it’s clearly stated.
4. Include any changes to the rental amount if applicable.
5. Specify any additional terms or conditions that may differ from the original lease.
6. Have both the landlord and tenant sign the extension to make it legally binding.
7. Keep a copy of the signed extension for both parties.

Who needs LEASE AGREEMENT EXTENSION?

1. Landlords who want to continue renting to their current tenants without drafting a new lease.
2. Tenants who wish to extend their rental period beyond the original lease term.

People Also Ask about

How to write a letter to end a lease agreement?

Write a termination contract letter Include your heading information. This includes the date of creation and recipient and sender information. Get specific. Create your statement of intent for contract cancellation. End with an end date. Explicitly state the date that you intend to halt the contract.

How to extend a tenancy agreement?

Both parties need to agree on the duration of the extension, considering the tenant's desire for stability and the landlord's long-term plans for the property. Lease extensions should be clearly outlined, specifying any changes in terms, such as maintenance responsibilities or utility payments.

How do you extend a lease agreement?

Lease extension process: A step-by-step guide Appoint a lease extension solicitor with expertise in the field and who is a member of the Association of Lease Extension Practitioners (ALEP). Find a valuation surveyor with expertise in leasehold extension legislation and the local property market. Make a formal offer.

What is the extension option on a lease?

A lease extension option allows the lessee to extend the lease, usually for an amount of time equal to or less than the term of the original lease. Extension options can also provide new lease terms, including a change in the dollar amount of lease payments, among other changes.

How do I write a letter to extend my lease?

The letter should include: Your name, current address and contact information. Date the lease extension request is submitted. Length of the lease extension, including the proposed end date. Reasons for extension. Date by which you need a decision, usually 10 days to two weeks.

For pdfFiller’s FAQs

What is LEASE AGREEMENT EXTENSION?

A lease agreement extension is a contractual adjustment that allows the existing lease to continue for an additional period of time beyond its original expiration date.

Who is required to file LEASE AGREEMENT EXTENSION?

Typically, both the landlord and the tenant are required to agree to and file a lease agreement extension to ensure that the continuation of the lease is formally recognized.

How to fill out LEASE AGREEMENT EXTENSION?

To fill out a lease agreement extension, both parties should review the original lease terms, specify the new duration for the lease, and include any changes or modifications to the existing agreement before signing.

What is the purpose of LEASE AGREEMENT EXTENSION?

The purpose of a lease agreement extension is to provide both the tenant and the landlord with the option to extend their rental relationship under agreed-upon terms, thereby avoiding a lapse in occupancy or rental income.

What information must be reported on LEASE AGREEMENT EXTENSION?

The information that must be reported on a lease agreement extension includes the names of the parties involved, the property address, the new lease term dates, any changes to rental amounts or conditions, and the signatures of all parties.