Lease Extension Addendum - Page 2

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What is lease extension addendum?

A lease extension addendum, also known as a lease extension agreement, is a legal document that is used to extend the lease term of a property. It is an additional contract that is added on to the original lease agreement, allowing both parties to agree upon an extended lease period.

What are the types of lease extension addendum?

There are various types of lease extension addendums depending on the specific terms and conditions agreed upon by the landlord and tenant. Some common types include:

Extension of lease duration

Revision of lease terms and conditions

Inclusion of additional clauses or provisions

How to complete lease extension addendum

Completing a lease extension addendum can be done in a few simple steps:

01

Review the original lease agreement

02

Identify the changes or extensions required

03

Clearly state the changes in the addendum

04

Have both parties sign and date the addendum

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