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.
A Fairfax Virginia Residential or Rental Lease Extension Agreement is a legally binding document that allows a tenant to extend their lease term for a specified period. This agreement is used when both the landlord and tenant agree to continue the lease beyond its original expiration date. In Fairfax, Virginia, there are different types of residential or rental lease extension agreements available, including: 1. Fixed-term lease extension: This type of lease extension is used when the tenant and landlord agree to extend the lease for a specific period, such as six months or one year. All terms and conditions of the original lease remain in effect during the extension period. 2. Month-to-month lease extension: In this type of extension agreement, the lease is extended on a month-to-month basis. It provides flexibility to both parties as it allows the tenant to continue renting the property without committing to a long-term lease. However, either the landlord or the tenant can terminate the lease upon giving a written notice of a specified number of days. 3. Rent adjustment lease extension: Sometimes, a lease extension agreement may include provisions for adjusting the rent during the extended period. This could be due to changes in the market value of the property or other factors that impact the rental rates in Fairfax, Virginia. 4. Early lease termination agreement with a new lease extension: In certain cases, a tenant may wish to terminate their lease early but still want to continue renting the property. In such scenarios, the tenant and landlord may enter into an agreement that terminates the existing lease early and immediately starts a new lease extension. 5. Lease extension addendum: Instead of drafting an entirely new lease agreement, a lease extension addendum can be used to make modifications to the existing lease. This addendum would address the extension period and any changes to the terms and conditions. When creating a Fairfax Virginia Residential or Rental Lease Extension Agreement, it is essential to include relevant keywords such as "Fairfax Virginia," "lease extension," "tenant," "landlord," "residential lease," "rental agreement," "terms and conditions," "extension period," "fixed-term," "month-to-month," "rent adjustment," "early termination," and "addendum." By incorporating these keywords, the content becomes optimized for search engine queries and provides relevant information to those seeking details about lease extensions in Fairfax, Virginia.A Fairfax Virginia Residential or Rental Lease Extension Agreement is a legally binding document that allows a tenant to extend their lease term for a specified period. This agreement is used when both the landlord and tenant agree to continue the lease beyond its original expiration date. In Fairfax, Virginia, there are different types of residential or rental lease extension agreements available, including: 1. Fixed-term lease extension: This type of lease extension is used when the tenant and landlord agree to extend the lease for a specific period, such as six months or one year. All terms and conditions of the original lease remain in effect during the extension period. 2. Month-to-month lease extension: In this type of extension agreement, the lease is extended on a month-to-month basis. It provides flexibility to both parties as it allows the tenant to continue renting the property without committing to a long-term lease. However, either the landlord or the tenant can terminate the lease upon giving a written notice of a specified number of days. 3. Rent adjustment lease extension: Sometimes, a lease extension agreement may include provisions for adjusting the rent during the extended period. This could be due to changes in the market value of the property or other factors that impact the rental rates in Fairfax, Virginia. 4. Early lease termination agreement with a new lease extension: In certain cases, a tenant may wish to terminate their lease early but still want to continue renting the property. In such scenarios, the tenant and landlord may enter into an agreement that terminates the existing lease early and immediately starts a new lease extension. 5. Lease extension addendum: Instead of drafting an entirely new lease agreement, a lease extension addendum can be used to make modifications to the existing lease. This addendum would address the extension period and any changes to the terms and conditions. When creating a Fairfax Virginia Residential or Rental Lease Extension Agreement, it is essential to include relevant keywords such as "Fairfax Virginia," "lease extension," "tenant," "landlord," "residential lease," "rental agreement," "terms and conditions," "extension period," "fixed-term," "month-to-month," "rent adjustment," "early termination," and "addendum." By incorporating these keywords, the content becomes optimized for search engine queries and provides relevant information to those seeking details about lease extensions in Fairfax, Virginia.
