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. The Fulton Georgia Residential or Rental Lease Extension Agreement is a legal document that outlines the terms and conditions for extending a residential or rental lease in Fulton County, Georgia. This agreement is designed to be used by landlords and tenants who wish to continue their rental arrangement beyond the initial lease term. The Fulton Georgia Residential or Rental Lease Extension Agreement includes important information such as the names and contact information of both the landlord and the tenant, the property address, the original lease term, and the new extended term. It also specifies the new rental amount, payment due date, and any changes to the lease terms and conditions. There are different types of Fulton Georgia Residential or Rental Lease Extension Agreement depending on the specific circumstances and requirements: 1. Fixed-Term Lease Extension Agreement: This type of agreement is used when both parties agree to extend the lease for a specific period of time. For example, if the original lease was for one year, the extension may be for six months or another specified duration. 2. Month-to-Month Lease Extension Agreement: In this case, the agreement allows for the lease to be extended on a month-to-month basis, with the option for either the landlord or the tenant to terminate the lease with a 30 or 60-day notice. 3. Lease Renewal Agreement: If the original lease is coming to an end and both parties wish to continue the rental arrangement, a lease renewal agreement is used. This agreement typically sets forth the same terms and conditions as the original lease but with a new lease term. It is important to carefully review and understand the terms and conditions outlined in the Fulton Georgia Residential or Rental Lease Extension Agreement before signing it. Both landlords and tenants should ensure that they are in agreement with the new terms, especially regarding rental amounts, maintenance responsibilities, and termination clauses.
The Fulton Georgia Residential or Rental Lease Extension Agreement is a legal document that outlines the terms and conditions for extending a residential or rental lease in Fulton County, Georgia. This agreement is designed to be used by landlords and tenants who wish to continue their rental arrangement beyond the initial lease term. The Fulton Georgia Residential or Rental Lease Extension Agreement includes important information such as the names and contact information of both the landlord and the tenant, the property address, the original lease term, and the new extended term. It also specifies the new rental amount, payment due date, and any changes to the lease terms and conditions. There are different types of Fulton Georgia Residential or Rental Lease Extension Agreement depending on the specific circumstances and requirements: 1. Fixed-Term Lease Extension Agreement: This type of agreement is used when both parties agree to extend the lease for a specific period of time. For example, if the original lease was for one year, the extension may be for six months or another specified duration. 2. Month-to-Month Lease Extension Agreement: In this case, the agreement allows for the lease to be extended on a month-to-month basis, with the option for either the landlord or the tenant to terminate the lease with a 30 or 60-day notice. 3. Lease Renewal Agreement: If the original lease is coming to an end and both parties wish to continue the rental arrangement, a lease renewal agreement is used. This agreement typically sets forth the same terms and conditions as the original lease but with a new lease term. It is important to carefully review and understand the terms and conditions outlined in the Fulton Georgia Residential or Rental Lease Extension Agreement before signing it. Both landlords and tenants should ensure that they are in agreement with the new terms, especially regarding rental amounts, maintenance responsibilities, and termination clauses.