What Is an Extension of Lease?

An Extension of Lease is a legal document that allows tenants and landlords to extend the duration of an existing lease agreement. This document specifies the new lease term, rent adjustments (if any), and any other modified terms, while maintaining the validity of the original lease.

Whether you’re a landlord retaining a reliable tenant or a tenant wanting to continue leasing a property, this document ensures the extension is legally binding and clearly defined.

Why Use Our Free Extension of Lease Template?

Professionally Drafted

Our template is created by legal experts to ensure compliance with leasing laws and prevent disputes.

Free and Accessible

Get immediate access to a high-quality template at no cost, perfect for landlords and tenants alike.

Customizable to Your Needs

Easily adjust the terms to fit your specific agreement, whether for residential or commercial properties.

Simple and User-Friendly

Clear instructions and a straightforward format make this document easy to complete.

Key Features of Our Lease Extension Template

• Seamless Continuation
  Maintains the original lease’s validity while specifying the extended term and any updated terms.
• Rent Adjustments
  Includes provisions for adjusting the rent or other financial obligations during the extension period.
• Preserves Original Terms
  Ensures all terms and conditions not specifically modified remain in effect.
• Versatile Applications
  Suitable for extending leases on:
  • Residential properties
  • Commercial spaces
  • Industrial premises

Who Should Use This Template?

• Landlords: Retain tenants without drafting a completely new lease agreement.
• Tenants: Secure a formal agreement to extend your stay in a leased property.
• Property Managers: Simplify lease extension requests with a standardized document.

How to Use the Free Template

1. Download the Template
   Access the document instantly via the link below.
2. Customize the Terms
   Input details like the new lease duration, adjusted rent (if applicable), and any updated terms.
3. Sign the Agreement
   Both parties should review and sign the document to make it legally binding.
4. Distribute Copies
   Provide signed copies to all parties for their records.

FAQs

Q: Does this document replace the original lease?
No, this document extends the lease term while keeping all other terms of the original lease intact, unless otherwise specified.

Q: Can I use this for commercial leases?
Yes, the template is suitable for extending both residential and commercial lease agreements.

Q: Is the landlord required to agree to a lease extension?
Yes, both parties must mutually agree to the extension for it to be valid.