The Contra Costa California Extension of Lease Option Agreement is a legal contract that allows the extension of a lease agreement between a landlord and tenant in Contra Costa County, California. This agreement provides the option for both parties to continue the existing lease terms beyond the original lease expiration date. The Extension of Lease Option Agreement is designed to offer flexibility for situations where the tenant wishes to stay in the rental property for a longer period or the landlord intends to maintain a consistent occupancy. This agreement allows both parties to negotiate new terms, such as rent increases or changes in lease conditions. In Contra Costa County, there are several types of Extension of Lease Option Agreements available, depending on the specific circumstances and preferences of the landlord and tenant. Some common types include: 1. Standard Extension of Lease Option Agreement: This is the most basic type of extension, wherein the tenant and landlord agree to extend the lease for a specific period, usually for another year. 2. Month-to-Month Extension of Lease Option Agreement: In cases where the lease is set to expire and both parties wish to maintain a more flexible arrangement, a month-to-month extension can be agreed upon. This allows the lease to continue on a month-to-month basis until either party provides notice to terminate the agreement. 3. Fixed-Term Extension of Lease Option Agreement: If the tenant and landlord desire a specific fixed-term extension that falls between the typical one-year lease, they can enter into a fixed-term extension agreement. This type of extension can range from a few months to several years, as mutually agreed upon. 4. Modified Extension of Lease Option Agreement: In certain circumstances, either the tenant or landlord may wish to modify certain terms of the original lease agreement while extending it. This can include changes in rent, lease conditions, or other specific provisions. A modified extension of lease option agreement allows for such modifications while extending the lease period. In summary, the Contra Costa California Extension of Lease Option Agreement is a legal document that permits the extension of a lease between a landlord and tenant in Contra Costa County. It offers various types of agreements, including standard, month-to-month, fixed-term, and modified extensions, catering to different requirements and preferences of the parties involved.