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 Fontana California Residential or Rental Lease Extension Agreement is a legal document that outlines the terms and conditions for extending an existing residential or rental lease agreement in the city of Fontana, California. This agreement allows both the landlord and the tenant to continue their lease relationship beyond the original lease term. The Fontana California Residential or Rental Lease Extension Agreement typically includes essential details such as the names of the landlord and tenant, the address of the rental property, and the original lease agreement's expiration date. It also specifies the duration for which the lease extension will be valid, along with any new terms and conditions that might apply. Some common keywords associated with the Fontana California Residential or Rental Lease Extension Agreement include: 1. Lease Extension Term: This clause defines the length of the extension, specifying the new start and end dates for the extended lease period. 2. Rent Increase: In certain cases, landlords might include a rent increase clause in the lease extension agreement, outlining the specific amount or percentage by which the rent will be raised. 3. Security Deposit: This section clarifies whether the security deposit amount stated in the original lease will remain the same or if any adjustments will be made. 4. Updated Rental Terms: The lease extension agreement might introduce new terms or modify existing ones, such as updated rules regarding late rent payments, pet policies, maintenance responsibilities, and any additional fees. 5. Renewal Procedures: If the lease extension nears its end, this provision might outline the steps required to initiate another extension or convert the agreement into a new lease. Fontana California Residential or Rental Lease Extension Agreement can also have subtypes based on specific situations or circumstances, some of which are: 1. Month-to-Month Lease Extension: This type of extension applies when both the landlord and tenant agree to continue the tenancy on a monthly basis, without a fixed end date. 2. Fixed-Term Lease Extension: In cases where the existing lease was set for a predetermined duration, this extension type allows for a continuation of the lease for an additional fixed period. 3. Commercial Lease Extension: While residential leases are the most common, commercial lease extensions cater to businesses renting commercial properties in Fontana, California. In conclusion, a Fontana California Residential or Rental Lease Extension Agreement is a legally binding document that allows landlords and tenants to extend their lease beyond the original term. It is crucial for both parties to thoroughly review and understand the terms and conditions of the lease extension before signing to ensure a smooth continuation of the tenancy.A Fontana California Residential or Rental Lease Extension Agreement is a legal document that outlines the terms and conditions for extending an existing residential or rental lease agreement in the city of Fontana, California. This agreement allows both the landlord and the tenant to continue their lease relationship beyond the original lease term. The Fontana California Residential or Rental Lease Extension Agreement typically includes essential details such as the names of the landlord and tenant, the address of the rental property, and the original lease agreement's expiration date. It also specifies the duration for which the lease extension will be valid, along with any new terms and conditions that might apply. Some common keywords associated with the Fontana California Residential or Rental Lease Extension Agreement include: 1. Lease Extension Term: This clause defines the length of the extension, specifying the new start and end dates for the extended lease period. 2. Rent Increase: In certain cases, landlords might include a rent increase clause in the lease extension agreement, outlining the specific amount or percentage by which the rent will be raised. 3. Security Deposit: This section clarifies whether the security deposit amount stated in the original lease will remain the same or if any adjustments will be made. 4. Updated Rental Terms: The lease extension agreement might introduce new terms or modify existing ones, such as updated rules regarding late rent payments, pet policies, maintenance responsibilities, and any additional fees. 5. Renewal Procedures: If the lease extension nears its end, this provision might outline the steps required to initiate another extension or convert the agreement into a new lease. Fontana California Residential or Rental Lease Extension Agreement can also have subtypes based on specific situations or circumstances, some of which are: 1. Month-to-Month Lease Extension: This type of extension applies when both the landlord and tenant agree to continue the tenancy on a monthly basis, without a fixed end date. 2. Fixed-Term Lease Extension: In cases where the existing lease was set for a predetermined duration, this extension type allows for a continuation of the lease for an additional fixed period. 3. Commercial Lease Extension: While residential leases are the most common, commercial lease extensions cater to businesses renting commercial properties in Fontana, California. In conclusion, a Fontana California Residential or Rental Lease Extension Agreement is a legally binding document that allows landlords and tenants to extend their lease beyond the original term. It is crucial for both parties to thoroughly review and understand the terms and conditions of the lease extension before signing to ensure a smooth continuation of the tenancy.