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 Chattanooga Tennessee Residential or Rental Lease Extension Agreement is a legally binding document that extends the duration of an existing lease agreement between a landlord and a tenant. It is generally used when both parties agree to continue the tenancy beyond the initial lease term. Keywords: Chattanooga Tennessee, residential, rental, lease extension agreement, tenant, landlord, document, agreement, tenancy, initial lease term. There are different types of Chattanooga Tennessee Residential or Rental Lease Extension Agreements, namely: 1. Fixed-Term Lease Extension Agreement: This type of agreement extends the lease for a specific period, usually for another year or a set number of months. It outlines the revised start and end dates of the extended term. 2. Month-to-Month Lease Extension Agreement: This agreement allows the tenant to continue occupying the rental property on a monthly basis after the original lease expires. It typically requires a written notice of termination from either the tenant or the landlord before the tenancy can be terminated. 3. Renewal Lease Extension Agreement: In certain cases, the landlord and tenant may agree to renew the lease for another fixed-term period. This agreement outlines the terms and conditions of the renewed lease, such as revised rent amount, lease duration, and any other changes agreed upon. 4. Amended Lease Extension Agreement: If there are specific terms or conditions in the original lease that both parties wish to modify, an amended lease extension agreement is used to document these changes. It can cover various aspects such as rent increases, maintenance responsibilities, or modifications to the property. 5. Commercial Lease Extension Agreement: While the focus of this description is primarily on residential leases, it is worth mentioning that there are also lease extension agreements specific to commercial properties in Chattanooga, Tennessee. These agreements cater to businesses extending their tenancy in commercial spaces. In conclusion, a Chattanooga Tennessee Residential or Rental Lease Extension Agreement is a vital document that facilitates the continuation of a landlord-tenant relationship beyond the initial lease term. It can be customized based on the specific needs and circumstances of the parties involved, whether it be for fixed-term extensions, month-to-month arrangements, renewal leases, amendments to the original lease, or commercial lease extensions.A Chattanooga Tennessee Residential or Rental Lease Extension Agreement is a legally binding document that extends the duration of an existing lease agreement between a landlord and a tenant. It is generally used when both parties agree to continue the tenancy beyond the initial lease term. Keywords: Chattanooga Tennessee, residential, rental, lease extension agreement, tenant, landlord, document, agreement, tenancy, initial lease term. There are different types of Chattanooga Tennessee Residential or Rental Lease Extension Agreements, namely: 1. Fixed-Term Lease Extension Agreement: This type of agreement extends the lease for a specific period, usually for another year or a set number of months. It outlines the revised start and end dates of the extended term. 2. Month-to-Month Lease Extension Agreement: This agreement allows the tenant to continue occupying the rental property on a monthly basis after the original lease expires. It typically requires a written notice of termination from either the tenant or the landlord before the tenancy can be terminated. 3. Renewal Lease Extension Agreement: In certain cases, the landlord and tenant may agree to renew the lease for another fixed-term period. This agreement outlines the terms and conditions of the renewed lease, such as revised rent amount, lease duration, and any other changes agreed upon. 4. Amended Lease Extension Agreement: If there are specific terms or conditions in the original lease that both parties wish to modify, an amended lease extension agreement is used to document these changes. It can cover various aspects such as rent increases, maintenance responsibilities, or modifications to the property. 5. Commercial Lease Extension Agreement: While the focus of this description is primarily on residential leases, it is worth mentioning that there are also lease extension agreements specific to commercial properties in Chattanooga, Tennessee. These agreements cater to businesses extending their tenancy in commercial spaces. In conclusion, a Chattanooga Tennessee Residential or Rental Lease Extension Agreement is a vital document that facilitates the continuation of a landlord-tenant relationship beyond the initial lease term. It can be customized based on the specific needs and circumstances of the parties involved, whether it be for fixed-term extensions, month-to-month arrangements, renewal leases, amendments to the original lease, or commercial lease extensions.
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.