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 Burbank California residential or rental lease extension agreement is a legal contract that prolongs the duration of a residential lease agreement between a landlord and a tenant in Burbank, California. This agreement allows both parties to continue their landlord-tenant relationship beyond the initial lease term, without having to go through the process of signing a completely new contract. The Burbank California residential or rental lease extension agreement outlines all the terms and conditions set forth in the original lease agreement, but with some modifications or additions based on the extension period. It includes details such as the parties involved, the property address, and the original lease term. Some relevant keywords associated with Burbank California residential or rental lease extension agreement may include: 1. Extension Period: This refers to the length of time the lease will be extended. It could be a few months, a year, or any agreed-upon period. 2. Rental Payment: The agreement specifies the new rental payment terms for the extended lease period. It may include any changes in rent amount, frequency of payment, and payment method. 3. Renewal Terms: This section defines the conditions and requirements for further lease renewals after the extension period expires, if applicable. 4. Maintenance Responsibilities: The agreement outlines the responsibilities of both the landlord and the tenant concerning property maintenance and repair during the extension period. 5. Termination Clause: It includes provisions that allow for the termination of the lease extension agreement before the agreed-upon period ends, outlining the conditions and notice period required. Types of Burbank California Residential or Rental Lease Extension Agreements: 1. Fixed-Term Extension Agreement: This type of agreement grants a specific period of extension, providing a mutually agreed-upon fixed end date for the extended lease. 2. Month-to-Month Extension Agreement: Here, the original lease is converted into a month-to-month arrangement, allowing the tenant and landlord to renew the lease monthly until either party terminates the agreement with proper notice. 3. Non-Standard Extension Agreement: In certain cases, landlords may offer unique lease extension options that differ from the standard fixed-term or month-to-month agreements. These extensions may involve modifications to rent, lease conditions, or both based on specific circumstances. It's important for both landlords and tenants to carefully review, understand, and negotiate the terms of the Burbank California residential or rental lease extension agreement before signing it to ensure their rights and obligations are clearly defined and protected. Consulting with legal professionals or real estate agents experienced in California tenancy laws can be helpful in this process.A Burbank California residential or rental lease extension agreement is a legal contract that prolongs the duration of a residential lease agreement between a landlord and a tenant in Burbank, California. This agreement allows both parties to continue their landlord-tenant relationship beyond the initial lease term, without having to go through the process of signing a completely new contract. The Burbank California residential or rental lease extension agreement outlines all the terms and conditions set forth in the original lease agreement, but with some modifications or additions based on the extension period. It includes details such as the parties involved, the property address, and the original lease term. Some relevant keywords associated with Burbank California residential or rental lease extension agreement may include: 1. Extension Period: This refers to the length of time the lease will be extended. It could be a few months, a year, or any agreed-upon period. 2. Rental Payment: The agreement specifies the new rental payment terms for the extended lease period. It may include any changes in rent amount, frequency of payment, and payment method. 3. Renewal Terms: This section defines the conditions and requirements for further lease renewals after the extension period expires, if applicable. 4. Maintenance Responsibilities: The agreement outlines the responsibilities of both the landlord and the tenant concerning property maintenance and repair during the extension period. 5. Termination Clause: It includes provisions that allow for the termination of the lease extension agreement before the agreed-upon period ends, outlining the conditions and notice period required. Types of Burbank California Residential or Rental Lease Extension Agreements: 1. Fixed-Term Extension Agreement: This type of agreement grants a specific period of extension, providing a mutually agreed-upon fixed end date for the extended lease. 2. Month-to-Month Extension Agreement: Here, the original lease is converted into a month-to-month arrangement, allowing the tenant and landlord to renew the lease monthly until either party terminates the agreement with proper notice. 3. Non-Standard Extension Agreement: In certain cases, landlords may offer unique lease extension options that differ from the standard fixed-term or month-to-month agreements. These extensions may involve modifications to rent, lease conditions, or both based on specific circumstances. It's important for both landlords and tenants to carefully review, understand, and negotiate the terms of the Burbank California residential or rental lease extension agreement before signing it to ensure their rights and obligations are clearly defined and protected. Consulting with legal professionals or real estate agents experienced in California tenancy laws can be helpful in this process.