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 Green Bay Wisconsin residential or rental lease extension agreement is a legally binding document that outlines the terms and conditions for extending a lease agreement for a residential property in Green Bay, Wisconsin. This agreement is necessary when both the landlord and the tenant wish to extend the original lease term. The Green Bay Wisconsin residential or rental lease extension agreement serves as an addendum to the existing lease agreement and includes important details such as the extension duration, revised rent amount (if applicable), any changes to the terms and conditions, and the new end date of the extended lease. There are different types of Green Bay Wisconsin residential or rental lease extension agreements that cater to specific situations and circumstances. These variations can include: 1. Fixed-Term Extension Agreement: This type of agreement is used when the landlord and tenant agree to extend the lease for a specific duration, usually for another fixed period, such as six months or a year. 2. Month-to-Month Extension Agreement: In cases where the original lease was a month-to-month arrangement, this agreement allows for the extension on a month-to-month basis without a fixed end date. It provides flexibility for both parties to terminate the lease with proper notice. 3. Rent Adjustment Extension Agreement: When the landlord decides to increase or decrease the rent amount during the lease extension, a rent adjustment extension agreement is used. This document specifies the new rent amount, effective date, and any other related changes. 4. Additional Terms Extension Agreement: Sometimes, during the lease extension, the landlord and tenant may decide to include additional terms or clauses not present in the original lease. An additional terms' extension agreement outlines these specific terms, such as pet policies, maintenance responsibilities, or security deposit adjustments. To draft a Green Bay Wisconsin residential or rental lease extension agreement, it is advisable to consult with an attorney familiar with Wisconsin's landlord-tenant laws to ensure compliance with all the legal requirements. This agreement protects the rights and obligations of both parties and promotes a clear understanding of the extended lease arrangement in Green Bay, Wisconsin.A Green Bay Wisconsin residential or rental lease extension agreement is a legally binding document that outlines the terms and conditions for extending a lease agreement for a residential property in Green Bay, Wisconsin. This agreement is necessary when both the landlord and the tenant wish to extend the original lease term. The Green Bay Wisconsin residential or rental lease extension agreement serves as an addendum to the existing lease agreement and includes important details such as the extension duration, revised rent amount (if applicable), any changes to the terms and conditions, and the new end date of the extended lease. There are different types of Green Bay Wisconsin residential or rental lease extension agreements that cater to specific situations and circumstances. These variations can include: 1. Fixed-Term Extension Agreement: This type of agreement is used when the landlord and tenant agree to extend the lease for a specific duration, usually for another fixed period, such as six months or a year. 2. Month-to-Month Extension Agreement: In cases where the original lease was a month-to-month arrangement, this agreement allows for the extension on a month-to-month basis without a fixed end date. It provides flexibility for both parties to terminate the lease with proper notice. 3. Rent Adjustment Extension Agreement: When the landlord decides to increase or decrease the rent amount during the lease extension, a rent adjustment extension agreement is used. This document specifies the new rent amount, effective date, and any other related changes. 4. Additional Terms Extension Agreement: Sometimes, during the lease extension, the landlord and tenant may decide to include additional terms or clauses not present in the original lease. An additional terms' extension agreement outlines these specific terms, such as pet policies, maintenance responsibilities, or security deposit adjustments. To draft a Green Bay Wisconsin residential or rental lease extension agreement, it is advisable to consult with an attorney familiar with Wisconsin's landlord-tenant laws to ensure compliance with all the legal requirements. This agreement protects the rights and obligations of both parties and promotes a clear understanding of the extended lease arrangement in Green Bay, Wisconsin.
