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Lease Renewal Agreement Template

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Lease Renewal Agreement Template

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Lease Renewal Agreement Template


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: ___________________________

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Lease Renewal Agreement Template

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For quick answers, scroll below to see the FAQ.

LEASE RENEWAL AGREEMENT TEMPLATE FAQ


What is a lease renewal agreement?

A Lease Renewal Agreement is a written agreement that extends an existing lease for an additional term. It confirms the new start and end dates for the renewal period and can update terms like rent amount, utilities, or other lease provisions while keeping the rest of the original lease in effect.


Is this the same as a new lease?

Not necessarily. Many renewals simply extend the current lease and list changes. If many terms change, the parties may prefer signing a new lease. This template is designed for a renewal that mostly keeps the original lease intact.


What should be included?

Include: the original lease date, property address, names of landlord and tenant(s), renewal term dates, new rent (if changed), whether the deposit carries over, and any specific changes. This template includes a “no other changes” clause for clarity.


Can rent be increased at renewal?

Often yes, subject to the lease terms and applicable law. This template includes a clear section to state the new rent and effective date.


What if the lease becomes month-to-month?

Some leases automatically become month-to-month if not renewed. This template can still be used to confirm a fixed renewal term, or you can add a month-to-month statement.


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