What is Lease Extension Agreement?

A Lease Extension Agreement is a legal document that allows a tenant and a landlord to extend the term of an existing lease agreement. It provides both parties with the opportunity to continue their rental relationship beyond the initial term specified in the original lease agreement. This agreement outlines the terms, conditions, and any changes made to the original lease agreement during the extension period.

What are the types of Lease Extension Agreement?

There are several types of Lease Extension Agreement, including:

Renewal Lease Agreement
Option to Extend Lease Agreement
Month-to-Month Lease Agreement Extension

How to complete Lease Extension Agreement

Completing a Lease Extension Agreement is a straightforward process that involves the following steps:

01
Review the original lease agreement
02
Identify the extension terms
03
Fill in the necessary information
04
Include any amendments or changes
05
Sign the agreement
06
Keep a copy for your records

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Video Tutorial How to Fill Out Lease Extension Agreement

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Questions & answers

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.
Yearly and month-to-month leases will automatically renew for another term unless a valid notice to quit is given by the landlord or unless the tenant gives notice to the landlord that the tenant will return possession of the premises to the landlord.
12. Non-renewal of the lease after the rental period ends. New Jersey law states that landlords cannot evict a tenant or force them to vacate the property without probable cause. As long as the tenant does not violate any rules, they can stay until their rental period ends.
The fact that the terms of the lease has come to an end does not mean that you have to leave the property. Unless you or your landlord takes specific steps to end the agreement under the lease, it will simply continue on exactly the same terms. You do not need do anything unless you receive a notice from your landlord.
Under this cause of not renewing the lease, a three month notice to quit must be given if an at will tenancy or year-to year tenancy exists. A one-month notice to quit is required for a month-to-month tenancy. lockouts made by the landlord are illegal in New Jersey.
In New Jersey a landlord is not allowed to refuse to renew a lease with a tenant without grounds for “good cause”. Grounds for good cause may sound obvious, but they include the following reasons: Failing to pay rent when due or owed. Disorderly conduct that disturbs the peace and quiet of neighbors.