Agreement to extend the term of a residential lease, with possible modifications. Landlord and Tenant extend and continue the term and duration of the described Lease Agreement. Lessee(s) will continue to be joint and severally liable.
A lease extension is used to extend the terms of a previous lease between the landlord and tenant. By signing the extension, it is not necessary for the parties to execute a new lease. Generally, all terms of the previous lease are carried over by reference in the extension. Usually, the extension simply extends the term of the prior lease and may contain provisions for a revised rent payment.
A Bridgeport Connecticut Residential or Rental Lease Extension Agreement is a legal document that outlines the terms of extending a residential lease agreement in the city of Bridgeport, Connecticut. This agreement is primarily used when both the landlord and the tenant wish to continue their existing lease for a longer period. In Bridgeport, there are two main types of lease extension agreements: Residential Lease Extension Agreement and Rental Lease Extension Agreement. 1. Residential Lease Extension Agreement: A Residential Lease Extension Agreement is used in situations where the tenant occupies a residential property, such as an apartment, house, or condominium, and wishes to extend their lease beyond the original lease term. This type of agreement is commonly used by individuals or families who want to continue residing in the property without any significant changes to the original lease terms. 2. Rental Lease Extension Agreement: A Rental Lease Extension Agreement is utilized when a tenant wishes to extend their lease for a commercial or non-residential property, such as an office space, retail store, or industrial facility, located in Bridgeport. It is often used by businesses or organizations that need to maintain their operations at the same location for an extended period. In both types of lease extension agreements, the document typically includes essential information such as the names of the landlord and tenant, the property address, the original lease term, the new extended term, and any modifications or additions to the original lease terms. Additionally, the agreement may detail the new rental amount or any adjustments to the rent, security deposit requirements, maintenance responsibilities, and any additional terms or conditions mutually agreed upon by both parties. Furthermore, the Bridgeport Connecticut Residential or Rental Lease Extension Agreement should include provisions regarding the termination of the extended lease, either by a specific termination date or by providing a notice period that either party must give to the other to end the lease. This ensures clarity and sets expectations for both the landlord and tenant. Overall, the Bridgeport Connecticut Residential or Rental Lease Extension Agreement serves as a legally binding contract that protects the rights and interests of both parties involved. It provides a framework for continued occupancy or rental of a property, while also allowing for modifications or adjustments to the lease terms if necessary.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
