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 Pomona California Residential or Rental Lease Extension Agreement is a legally binding contract that extends the terms and conditions of a current lease agreement between a landlord and a tenant in Pomona, California. It is essential for both parties to understand the specifics of this agreement to ensure compliance with state laws and protect their rights. In Pomona, there are different types of Residential or Rental Lease Extension Agreements available, such as: 1. Fixed-Term Lease Extension: This agreement is used when both the landlord and tenant agree to extend the lease for a specific period. Usually, this extension maintains the same terms and conditions as the original lease, including rent amount, due date, maintenance responsibilities, etc. 2. Month-to-Month Lease Extension: If the original lease agreement was for a month-to-month tenancy, and the parties wish to extend it for another month, this extension agreement is utilized. It continues the lease on the same terms but specifies the new end date. 3. Rent Increase Lease Extension: In situations where the landlord wants to raise the rent upon lease renewal, a Rent Increase Lease Extension Agreement is used. This document outlines the new rental amount, any changes in payment terms, and the extended lease duration. 4. Early Termination Lease Extension: Sometimes, a tenant may wish to terminate the lease before the agreed-upon end date. In such cases, an Early Termination Lease Extension Agreement can be signed, which outlines the conditions, penalties, and responsibilities associated with the early termination. 5. Addendum Lease Extension: An Addendum Lease Extension is utilized when the parties want to modify specific terms of the existing lease agreement while extending the lease term. This can include changes in pet policies, maintenance responsibilities, or additional clauses to address evolving circumstances. It is crucial to carefully review the terms and conditions of any Pomona California Residential or Rental Lease Extension Agreement before signing. Both parties should consider seeking legal advice to ensure that their rights are protected and that the agreement complies with state laws and regulations.
