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This document serves as a notice from the Lessee to the Lessor indicating the Lessee's intention to exercise the option to extend their lease.
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How to fill out notice of election to
How to fill out NOTICE OF ELECTION TO EXTEND TERM OF LEASE
01
Begin by downloading the NOTICE OF ELECTION TO EXTEND TERM OF LEASE form from a reliable source.
02
Fill in the names of the parties involved in the lease at the top of the form.
03
Include the address of the leased property.
04
State the original lease start and end dates.
05
Specify the desired extension period.
06
Indicate the election date for the extension of the lease term.
07
Sign and date the form.
08
Distribute copies of the completed notice to all parties as per the lease agreement terms.
Who needs NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
01
Landlords who wish to extend the lease term with their tenants.
02
Tenants who are looking to formally elect to extend their lease.
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What is NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
The NOTICE OF ELECTION TO EXTEND TERM OF LEASE is a formal document that notifies the landlord or property owner of a tenant's intention to extend the duration of a lease agreement as outlined in the original lease terms.
Who is required to file NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
Typically, the tenant is required to file the NOTICE OF ELECTION TO EXTEND TERM OF LEASE to inform the landlord of their decision to extend the lease according to the pre-defined terms.
How to fill out NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
To fill out the NOTICE OF ELECTION TO EXTEND TERM OF LEASE, the tenant should provide key details such as their name, the property address, the original lease start and end dates, the proposed new lease term, and any other relevant information as specified in the original lease.
What is the purpose of NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
The purpose of the NOTICE OF ELECTION TO EXTEND TERM OF LEASE is to provide official notice to the landlord of the tenant's intent to continue occupancy of the rental property under the same terms and conditions as the original lease.
What information must be reported on NOTICE OF ELECTION TO EXTEND TERM OF LEASE?
The information that must be reported on the NOTICE OF ELECTION TO EXTEND TERM OF LEASE includes the tenant's name, property address, original lease dates, the desired new lease term, and any applicable provisions or amendments that were agreed upon in the original lease.
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