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Rental Lease Extension Addendum Template for United States

A Rental Lease Extension Addendum is a legal document used in the United States to formally extend the term of an existing lease agreement between a landlord and tenant. This document maintains the validity of the original lease while modifying specific terms such as the duration of tenancy and potentially updating rent amounts or other conditions. It must comply with federal housing laws and state-specific landlord-tenant regulations.

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What is a Rental Lease Extension Addendum?

The Rental Lease Extension Addendum serves as a crucial document when both landlord and tenant wish to continue their rental relationship beyond the original lease term. It provides a streamlined alternative to creating an entirely new lease agreement while allowing for necessary updates to terms and conditions. This document is commonly used across the United States and must adhere to both federal and state-specific housing laws. It typically includes details about the extension period, any rent adjustments, and confirmations of existing terms from the original lease.

What sections should be included in a Rental Lease Extension Addendum?

1. Parties: Identification of landlord and tenant(s), including full legal names and contact details

2. Background: Reference to original lease agreement, its date, and the parties' desire to extend the lease term

3. Definitions: Key terms used in the addendum including 'Original Lease', 'Extension Period', and any other relevant terms

4. Extension Term: Specific details of the extension period including start and end dates

5. Rent Terms: Confirmation of rent amount, payment schedule, and any adjustments for the extension period

6. Original Lease Terms: Confirmation that all other terms and conditions of the original lease remain in full force and effect

7. Execution: Signature blocks, dates, and any notarization requirements

What sections are optional to include in a Rental Lease Extension Addendum?

1. Modified Terms: Section detailing any specific changes to original lease terms during the extension period

2. Security Deposit: Any modifications to existing security deposit arrangements

3. Property Improvements: Details of any agreed modifications or improvements to the property during the extension period

What schedules should be included in a Rental Lease Extension Addendum?

1. Schedule A - Original Lease Agreement: Copy of the original lease agreement being extended

2. Schedule B - Property Condition Report: Updated assessment of property condition at time of extension

3. Schedule C - Modified Payment Schedule: Detailed schedule of payments if payment terms have been modified

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

United States

Publisher

Ƶ

Document Type

Amendment Agreement

Cost

Free to use

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