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LEASE EXTENSION ADDENDUM Date of Amendment: Landlord/Lessor: Tenant/Lessee: Property Address: City: State: Zip Code: Lease Start Date: Lease End Date: The parties agree that the aforementioned lease
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How to fill out lease extension addendum
How to fill out lease extension addendum
01
Start by reviewing the existing lease agreement and identifying the terms that need to be extended.
02
Create a new document titled 'Lease Extension Addendum' and include the names of both the landlord and tenant, as well as the address of the leased property.
03
Clearly state the purpose of the addendum, which is to extend the term of the original lease agreement.
04
Specify the length of the lease extension, whether it is for a few months or several years.
05
Include any revised or additional terms that will apply during the extended lease period.
06
Both the landlord and tenant should carefully review the addendum and make any necessary changes or negotiations.
07
Once both parties are satisfied with the content, sign and date the addendum.
08
Attach the signed addendum to the original lease agreement to make it legally binding.
09
Keep a copy of the signed addendum for future reference.
Who needs lease extension addendum?
01
Tenants who wish to extend their lease agreement beyond its original expiration date.
02
Landlords who agree to extend the lease term and want to formalize the agreement with a written addendum.
03
Property managers or leasing agents who handle lease extensions on behalf of landlords and tenants.
04
Individuals or companies leasing commercial, residential, or industrial properties.
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What is lease extension addendum?
The lease extension addendum is a legal document that extends the terms of a lease agreement.
Who is required to file lease extension addendum?
Both the landlord and the tenant are required to file the lease extension addendum.
How to fill out lease extension addendum?
To fill out the lease extension addendum, you must include the new terms of the lease agreement and both parties must sign the document.
What is the purpose of lease extension addendum?
The purpose of the lease extension addendum is to extend the duration of the lease agreement beyond its original expiration date.
What information must be reported on lease extension addendum?
The lease extension addendum must include the new lease terms, signatures of both parties, and the date of extension.
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