Lease Agreement Addendum Extend Lease

State:
Arizona
Control #:
AZ-826LT
Format:
Word; 
Rich Text
Instant download

Description

The Lease Agreement Addendum Extend Lease is a formal document that allows landlords and tenants to extend the terms of an existing lease. This document specifies the parties involved, including the landlord and all tenants, and outlines the previous lease agreement's terms, including start and expiration dates. The form provides for an extension of the lease term, ensuring that all original conditions remain in effect unless otherwise specified. It also details the revised rent payments during the extended term, including the amount due and the payment schedule. This addendum is particularly useful for attorneys, property owners, and paralegals, as it simplifies the lease extension process and ensures compliance with legal standards. It serves as valuable documentation that protects both parties' rights by clearly stating their obligations. Users should fill in specific dates, amounts, and names where indicated and ensure all parties sign the document to validate the extension. This form is ideal for situations where tenants wish to remain in the property beyond the original lease term, providing security and clarity for all involved.

How to fill out Arizona Residential Or Rental Lease Extension Agreement?

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FAQ

An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).

An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document.

The addendum is a part of the lease agreement. Therefore, it does not stand on its own. However, the addendum should make references to the lease, contain the same date and name of parties as in the original lease agreement.

A lease addendum is a change to an original lease contract that is agreed upon and signed by both the lessor and the lessee. A lease addendum can include a change in the length of the lease, the payment amount, the payment schedule, as well as any other terms and conditions that both parties agree to.

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Lease Agreement Addendum Extend Lease