This Lease Renewal Agreement (the “Renewal”) is made as of [Effective Date] by and between:
Landlord: [Landlord Full Name/Company], address: [Address] (“Landlord”).
Tenant: [Tenant Full Name], address: [Address] (“Tenant”).
Additional Tenant(s) (Optional): [Names].
Premises: [Full Rental Property Address] (the “Premises”).
Original Lease Date: [Original Lease Date] (the “Lease”).
1. Renewal Term
1.1 The Parties agree to renew and extend the Lease for the following term:
Renewal Start Date: [Start Date]
Renewal End Date: [End Date]
1.2 Except as modified by this Renewal, the Lease remains in full force and effect.
2. Rent
2.1 New Monthly Rent (Select One):
☐ Rent remains the same: $[Amount]
☐ Rent is updated to: $[Amount] effective [Date]
2.2 Due Date: Rent remains due on the [__] day of each month (unless changed here): [Change, if any].
3. Security Deposit
3.1 Deposit (Select One):
☐ Deposit remains on file and carries over with no change. Amount: $[Amount].
☐ Additional deposit required: $[Amount], due by [Date].
☐ Deposit will be updated as follows: [Explain].
4. Changes to Lease Terms (If Any)
4.1 Changes (if any) to the Lease terms are listed below:
Utilities/responsibilities: [Change]
Pets: [Change]
Parking: [Change]
Other: [Change]
4.2 No Other Changes. Except for the changes listed in this Renewal, all other terms of the Lease remain unchanged.
5. Signatures and Authority
5.1 Each person signing represents they have authority to sign and bind the party.
Signatures
By signing below, the Parties agree to this Lease Renewal Agreement.
Landlord: [Full Name/Company]
Date: [Date]
Signature: ___________________________
Tenant: [Full Name]
Date: [Date]
Signature: ___________________________
Additional Tenant (Optional): [Full Name]
Date: [Date]
Signature: ___________________________