A Lease Extension Agreement renews the original rental contract terms between the landlord and tenant.
A Lease Extension Agreement is necessary when the described duration of the original lease has expired but the tenant will continue to stay in residence at the rental apartment, house, room, etc.
Our Lease Extension Agreement renews the terms between the tenant and the landlord from their previous rental lease. It will define the new duration of the renewed lease and confirms that orignal conditions of the orignal rental agreement or lease contract are still binding.
We recommend that both the tenant and the landlord sign the Lease Extension Agreement and that the tenant and landlord keep a copy of the lease agreement and attach a copy of the orignal rental agreement for future reference.
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