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.
Vallejo California Residential or Rental Lease Extension Agreement refers to a legal document that is utilized to extend the terms and conditions of an existing residential lease agreement in Vallejo, California. This agreement is commonly used when the original lease term is about to expire, and both the landlord and tenant wish to continue the tenancy for a further period. The Vallejo California Residential or Rental Lease Extension Agreement outlines the new duration of the extended lease, any changes in rental rates, and any modifications to the terms and provisions of the original lease. It serves as an addendum to the existing lease agreement, ensuring that both parties are on the same page regarding their rights and responsibilities during the extended term. There are several types of Vallejo California Residential or Rental Lease Extension Agreements that can be utilized depending on specific circumstances: 1. Fixed-Term Lease Extension: This type of extension agreement is used when both the landlord and tenant agree to extend the lease for a fixed period. The new lease term is pre-determined, and the agreement comes into effect once signed by both parties. 2. Month-to-Month Lease Extension: In cases where the original lease was month-to-month, a month-to-month lease extension agreement may be used. It allows the tenant and landlord to extend the lease on a month-to-month basis without committing to a fixed term. This provides flexibility for both parties to terminate the lease by providing proper notice. 3. Renewal Lease Extension: A renewal lease extension agreement is utilized when the landlord and tenant wish to extend the lease for a specified term, usually for one year or longer. This type of extension offers stability and security for both parties by binding them to an agreed-upon term. Some relevant keywords that apply to Vallejo California Residential or Rental Lease Extension Agreement include: Vallejo, California, residential lease, rental lease, lease extension agreement, tenant, landlord, terms and conditions, addendum, fixed-term lease, month-to-month lease, renewal lease, agreement duration, rental rates, rights and responsibilities.
