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.
Long Beach California Residential or Rental Lease Extension Agreement is a legal contract that allows a tenant and a landlord to extend the duration of an existing lease agreement. This agreement is typically used when both parties are satisfied with the existing lease terms and want to continue the tenancy beyond the original lease term. There are various types of Long Beach California Residential or Rental Lease Extension Agreements, including: 1. Fixed-Term Lease Extension: This type of agreement extends the lease for a specific period beyond the initial lease term. For example, if the original lease was for one year, the extension could be for another six months or one year. 2. Month-to-Month Lease Extension: In this case, the original lease was a month-to-month agreement, and the extension allows the tenant and landlord to continue the tenancy on a month-to-month basis. This provides flexibility to both parties as they can terminate the lease with proper notice. 3. Rent Increase Lease Extension: This agreement extends the lease term while also incorporating a rent increase. The terms of the rent increase should be clearly outlined in the extension agreement, including the new rental amount, the effective date, and any further adjustments. 4. Early Termination Lease Extension: This type of agreement is used when both the tenant and landlord agree to terminate the original lease before its expiry date. The extension agreement outlines the terms and conditions for early termination, including any penalties or fees that may apply. When drafting a Long Beach California Residential or Rental Lease Extension Agreement, it is essential to include relevant keywords to ensure the agreement is comprehensive and legally binding. Some relevant keywords to consider include: — Parties: Clearly identify the tenant(s) and landlord(s) involved in the lease extension agreement. — Effective Date: Specify the date on which the lease extension starts. — Term Extension: Clearly state the new duration of the lease extension, whether it is for a fixed term or month-to-month. — Rent: Clearly outline any changes to the rental amount, including any increases or adjustments. — Termination: Specify the conditions and notice requirements for terminating the lease extension. — Maintenance Responsibilities: Detail the responsibilities of both the tenant and landlord regarding maintenance and repairs during the extended lease term. — Security Deposit: Clarify whether the security deposit from the original lease will carry over to the extended lease and the conditions under which it will be returned. — Governing Law: State that the lease extension agreement is governed by the applicable laws of Long Beach, California. It is crucial to consult with a legal professional familiar with Long Beach, California's specific laws when creating or signing a lease extension agreement to ensure compliance with all regulations and protect the rights and interests of both the tenant and landlord.Long Beach California Residential or Rental Lease Extension Agreement is a legal contract that allows a tenant and a landlord to extend the duration of an existing lease agreement. This agreement is typically used when both parties are satisfied with the existing lease terms and want to continue the tenancy beyond the original lease term. There are various types of Long Beach California Residential or Rental Lease Extension Agreements, including: 1. Fixed-Term Lease Extension: This type of agreement extends the lease for a specific period beyond the initial lease term. For example, if the original lease was for one year, the extension could be for another six months or one year. 2. Month-to-Month Lease Extension: In this case, the original lease was a month-to-month agreement, and the extension allows the tenant and landlord to continue the tenancy on a month-to-month basis. This provides flexibility to both parties as they can terminate the lease with proper notice. 3. Rent Increase Lease Extension: This agreement extends the lease term while also incorporating a rent increase. The terms of the rent increase should be clearly outlined in the extension agreement, including the new rental amount, the effective date, and any further adjustments. 4. Early Termination Lease Extension: This type of agreement is used when both the tenant and landlord agree to terminate the original lease before its expiry date. The extension agreement outlines the terms and conditions for early termination, including any penalties or fees that may apply. When drafting a Long Beach California Residential or Rental Lease Extension Agreement, it is essential to include relevant keywords to ensure the agreement is comprehensive and legally binding. Some relevant keywords to consider include: — Parties: Clearly identify the tenant(s) and landlord(s) involved in the lease extension agreement. — Effective Date: Specify the date on which the lease extension starts. — Term Extension: Clearly state the new duration of the lease extension, whether it is for a fixed term or month-to-month. — Rent: Clearly outline any changes to the rental amount, including any increases or adjustments. — Termination: Specify the conditions and notice requirements for terminating the lease extension. — Maintenance Responsibilities: Detail the responsibilities of both the tenant and landlord regarding maintenance and repairs during the extended lease term. — Security Deposit: Clarify whether the security deposit from the original lease will carry over to the extended lease and the conditions under which it will be returned. — Governing Law: State that the lease extension agreement is governed by the applicable laws of Long Beach, California. It is crucial to consult with a legal professional familiar with Long Beach, California's specific laws when creating or signing a lease extension agreement to ensure compliance with all regulations and protect the rights and interests of both the tenant and landlord.
