Lease Extension Addendum Templates
Guidelines for Utilizing Lease Extension Addendum Templates
- 1. Specify Terms Clearly
Ensure all terms, such as the extended lease duration and any rent adjustments, are clearly stated to avoid future disputes or misunderstandings.
- 2. Reference the Original Lease
Reference the original lease agreement explicitly, including the initial lease dates, to maintain legal continuity and clarity between the documents.
- 3. Detail Any Modifications
If there are any changes to the original lease terms, besides the extension of time, they should be carefully detailed and agreed upon by both parties.