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Extension of a Lease

This template is used to formally extend an existing lease agreement between a landlord and a tenant, detailing the new lease term, updated rent (if any), and other revised conditions. It should be used when both parties agree to continue the lease relationship beyond the original expiry date.

Updated 15d ago
lease extensionrental agreementpropertyreal estatecontracttenancy

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Tenant Information

Tenant Name: {{tenant_name}}

Tenant Address: {{tenant_address}}

Property Details

Property Address: {{property_address}}

Original Lease Agreement Date: {{original_lease_date}}

Extension Agreement

This Lease Extension Agreement ("Agreement") is made and entered into on this {{date_of_extension_agreement}} by and between:

Landlord: {{landlord_name}}, residing at/with principal place of business at {{landlord_address}}

AND

Tenant: {{tenant_name}}, residing at/with principal place of business at {{tenant_address}}

WHEREAS, Landlord and Tenant entered into a Lease Agreement dated {{original_lease_date}} for the property located at {{property_address}} (the "Original Lease"); and

WHEREAS, the parties desire to extend the term of the Original Lease under the terms and conditions set forth herein.

Extension Term

The term of the Original Lease is hereby extended for a period of {{extension_period}} (e.g., one year, six months), commencing on {{extension_start_date}} and expiring on {{extension_end_date}}.

Rent

During the extended term, the monthly rent payable by Tenant to Landlord shall be {{currency}}{{new_monthly_rent}} ({{new_monthly_rent_words}}) and shall be due on the {{rent_due_day}} day of each month, as per the terms of the Original Lease.

Payments shall be made to {{landlord_name}} at {{landlord_payment_address}}.

Other Terms and Conditions

All other terms, covenants, and conditions of the Original Lease, not specifically amended herein, shall remain in full force and effect during the extended term.

Any alterations, additions, or modifications to the leased premises must be approved in writing by the Landlord.

Governing Law

This Agreement shall be governed by and construed in accordance with the laws of {{country_name}}.

Signatures

IN WITNESS WHEREOF, the parties have executed this Agreement on the date first written above.

_____________________________

Landlord Signature

{{landlord_name}}

Date: {{landlord_signature_date}}

_____________________________

Tenant Signature

{{tenant_name}}

Date: {{tenant_signature_date}}

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