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.
The Collin Texas Residential or Rental Lease Extension Agreement is a legally binding document that allows the extension of an existing lease agreement between a landlord and a tenant in Collin County, Texas. This agreement is used when both parties agree to extend the terms of the original lease for a specified period. The Collin Texas Residential or Rental Lease Extension Agreement is designed to protect the rights and obligations of both the landlord and the tenant during the extended lease term. It ensures that all parties are aware of any changes or modifications made to the original lease agreement, including the duration of the extension, any rent adjustments, and other terms and conditions. This agreement can be used for different types of residential properties, including apartments, houses, condominiums, or townhouses, located within Collin County, Texas. It is applicable for both residential leases and rental agreements. There are various types of Collin Texas Residential or Rental Lease Extension Agreements, depending on the specific circumstances and needs of the parties involved. These may include: 1. Fixed-Term Lease Extension Agreement: This type of agreement is used when the original lease was for a fixed term, such as one year, and both parties agree to extend the lease for an additional fixed period. 2. Month-to-Month Lease Extension Agreement: This agreement is employed when the original lease was for a month-to-month term, and the landlord and tenant both agree to extend the lease on a month-to-month basis. 3. Rent Adjustment Extension Agreement: This type of agreement is utilized when there is a need to adjust the rental amount during the extended lease term. It stipulates the revised rent amount and any other pertinent details related to the rent adjustment. 4. Joint Agreement for Lease Extension: In cases where there are multiple tenants on the lease, this agreement is used to ensure that all tenants consent to the extension of the lease and agree to the new terms. When drafting a Collin Texas Residential or Rental Lease Extension Agreement, it is crucial to include the relevant keywords related to the agreement, such as Collin County, Texas, residential lease, rental agreement, extension, duration, rent adjustment, landlord, tenant, terms and conditions, rights and obligations, and any other specific details that may apply to the respective agreements mentioned above.The Collin Texas Residential or Rental Lease Extension Agreement is a legally binding document that allows the extension of an existing lease agreement between a landlord and a tenant in Collin County, Texas. This agreement is used when both parties agree to extend the terms of the original lease for a specified period. The Collin Texas Residential or Rental Lease Extension Agreement is designed to protect the rights and obligations of both the landlord and the tenant during the extended lease term. It ensures that all parties are aware of any changes or modifications made to the original lease agreement, including the duration of the extension, any rent adjustments, and other terms and conditions. This agreement can be used for different types of residential properties, including apartments, houses, condominiums, or townhouses, located within Collin County, Texas. It is applicable for both residential leases and rental agreements. There are various types of Collin Texas Residential or Rental Lease Extension Agreements, depending on the specific circumstances and needs of the parties involved. These may include: 1. Fixed-Term Lease Extension Agreement: This type of agreement is used when the original lease was for a fixed term, such as one year, and both parties agree to extend the lease for an additional fixed period. 2. Month-to-Month Lease Extension Agreement: This agreement is employed when the original lease was for a month-to-month term, and the landlord and tenant both agree to extend the lease on a month-to-month basis. 3. Rent Adjustment Extension Agreement: This type of agreement is utilized when there is a need to adjust the rental amount during the extended lease term. It stipulates the revised rent amount and any other pertinent details related to the rent adjustment. 4. Joint Agreement for Lease Extension: In cases where there are multiple tenants on the lease, this agreement is used to ensure that all tenants consent to the extension of the lease and agree to the new terms. When drafting a Collin Texas Residential or Rental Lease Extension Agreement, it is crucial to include the relevant keywords related to the agreement, such as Collin County, Texas, residential lease, rental agreement, extension, duration, rent adjustment, landlord, tenant, terms and conditions, rights and obligations, and any other specific details that may apply to the respective agreements mentioned above.