This is an agreement for the renewal of an existing lease for an additional term, with possible modifications. The agreement terms conform to state statutory law. This agreement is for the renewal of a non-commercial or residential lease.
The Hillsboro Oregon Residential Lease Renewal Agreement is a legally binding contract that allows tenants to extend their stay in a rental property in Hillsboro, Oregon. This agreement is typically used when the original lease term is coming to an end and both the landlord and tenant wish to continue the tenancy for an additional period. Keywords: Hillsboro Oregon, residential lease renewal agreement, rental property, tenant, landlord, original lease term, tenancy. There are different types of Hillsboro Oregon Residential Lease Renewal Agreements, which include: 1. Fixed-Term Renewal Agreement: This type of agreement is used when both the landlord and tenant agree to renew the lease for a specified period, commonly for another year or a set number of months. The terms and conditions, including rent amount and lease terms, remain the same as the original lease. 2. Month-to-Month Renewal Agreement: In this agreement, the tenancy continues on a month-to-month basis after the initial lease term expires. It offers flexibility to both parties as either the landlord or tenant can terminate the agreement with a 30-day notice. 3. Addendum or Amendment to the Original Lease: Instead of creating a completely new lease agreement, an addendum or amendment may be used to renew the lease. This document modifies and extends specific terms of the original lease, such as the rental amount, lease duration, or other agreed-upon conditions. 4. Automatic Renewal Agreement: Some lease agreements may include an automatic renewal clause, stipulating that the lease will automatically renew for another term unless either party provides notice of termination within a specific timeframe. This can provide convenience for both the landlord and tenant, ensuring a seamless continuation of the tenancy. In summary, the Hillsboro Oregon Residential Lease Renewal Agreement allows tenants and landlords to extend their rental arrangement beyond the original lease term. Whether through a fixed-term renewal, a month-to-month arrangement, an addendum to the original lease, or an automatic renewal, this agreement ensures a smooth continuation of the tenancy.The Hillsboro Oregon Residential Lease Renewal Agreement is a legally binding contract that allows tenants to extend their stay in a rental property in Hillsboro, Oregon. This agreement is typically used when the original lease term is coming to an end and both the landlord and tenant wish to continue the tenancy for an additional period. Keywords: Hillsboro Oregon, residential lease renewal agreement, rental property, tenant, landlord, original lease term, tenancy. There are different types of Hillsboro Oregon Residential Lease Renewal Agreements, which include: 1. Fixed-Term Renewal Agreement: This type of agreement is used when both the landlord and tenant agree to renew the lease for a specified period, commonly for another year or a set number of months. The terms and conditions, including rent amount and lease terms, remain the same as the original lease. 2. Month-to-Month Renewal Agreement: In this agreement, the tenancy continues on a month-to-month basis after the initial lease term expires. It offers flexibility to both parties as either the landlord or tenant can terminate the agreement with a 30-day notice. 3. Addendum or Amendment to the Original Lease: Instead of creating a completely new lease agreement, an addendum or amendment may be used to renew the lease. This document modifies and extends specific terms of the original lease, such as the rental amount, lease duration, or other agreed-upon conditions. 4. Automatic Renewal Agreement: Some lease agreements may include an automatic renewal clause, stipulating that the lease will automatically renew for another term unless either party provides notice of termination within a specific timeframe. This can provide convenience for both the landlord and tenant, ensuring a seamless continuation of the tenancy. In summary, the Hillsboro Oregon Residential Lease Renewal Agreement allows tenants and landlords to extend their rental arrangement beyond the original lease term. Whether through a fixed-term renewal, a month-to-month arrangement, an addendum to the original lease, or an automatic renewal, this agreement ensures a smooth continuation of the tenancy.
