Houston Texas Renewal of Lease Agreement by Separate Instrument is a legal document used to extend and renew a lease agreement between a landlord and tenant in Houston, Texas. This instrument serves as an addendum to the original lease agreement, outlining the specific terms and conditions of the lease extension. The Houston Texas Renewal of Lease Agreement by Separate Instrument ensures that both parties continue to uphold their responsibilities and rights as stated in the original lease agreement. By signing this document, the landlord and tenant agree to extend the lease for a specified period of time, typically for another year. This separate instrument allows for a seamless transition from the existing lease to the renewed lease, while also providing an opportunity to modify certain terms or conditions. This flexibility makes it easier for both parties to address any changes that may be necessary or desired for the new lease period. There are various types of Houston Texas Renewal of Lease Agreement by Separate Instrument, including: 1. Fixed-Term Renewal: This type of renewal agreement establishes a specific time period during which the lease extension will be valid. It typically outlines the start and end dates of the renewed lease, ensuring that both parties are aware of the new term. 2. Month-to-Month Renewal: In some cases, tenants and landlords may choose to renew the lease on a month-to-month basis after the original lease term has expired. This type of renewal provides flexibility for both parties as it allows for easier termination or modifications to the lease terms. 3. Renewal with Rent Increase: This type of renewal agreement involves an increase in the monthly rent. The terms of the rent increase, such as the percentage or fixed amount, are outlined in the separate instrument. Both parties must agree to the new rent amount before signing the renewal agreement. 4. Renewal with Modifications: This type of renewal agreement allows for modifications to the lease terms or conditions. These modifications may include changes to the rental amount, lease duration, or any other specific provisions that need updating. Both parties must mutually agree to these modifications and include them in the separate instrument. Overall, the Houston Texas Renewal of Lease Agreement by Separate Instrument provides a formal and legally binding extension of a lease agreement in Houston, Texas. It ensures that both the landlord and tenant are on the same page regarding the new lease terms, allowing for a smooth continuation of the tenancy.