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 Springfield Missouri Residential or Rental Lease Extension Agreement is a legal document that establishes the extension of a lease agreement between a landlord and a tenant in Springfield, Missouri. This extension agreement is designed to prolong the lease term beyond its original expiration date, ensuring both parties continue to abide by the terms and conditions laid out in the initial lease agreement. The primary purpose of a lease extension agreement is to provide a sense of security and continuity to both the landlord and the tenant, as it offers the option to extend the lease period without the need to sign an entirely new lease agreement. Springfield Missouri Residential or Rental Lease Extension Agreement includes the following relevant keywords: 1. Lease extension agreement: A contractual document that outlines the terms and conditions for extending an existing lease agreement. 2. Landlord: The property owner or manager who leases the premises to the tenant. 3. Tenant: The individual or entity occupying the property under the terms of the lease. 4. Lease term: The length of time the original lease agreement is in effect, generally ranging from one to several years. 5. Springfield, Missouri: The specific location where the lease extension pertains, referring to the city of Springfield within the state of Missouri. 6. Terms and conditions: The specific provisions, clauses, and obligations that both the landlord and the tenant must adhere to during the extended lease period. 7. Rent: The amount of money the tenant is obligated to pay the landlord for the use of the premises, typically on a monthly basis. 8. Security deposit: A refundable sum of money provided by the tenant at the beginning of the lease to cover any potential damages or unpaid rent during the lease term. 9. Utilities and maintenance: The responsibilities of the landlord and the tenant regarding the payment of utilities and the maintenance of the premises. 10. Termination clause: A provision in the lease extension agreement that specifies the circumstances under which either party can terminate the lease. Different types of Springfield Missouri Residential or Rental Lease Extension Agreements may include: 1. Fixed-term extension agreement: A lease extension with a predetermined end date, providing a clear timeframe for both parties. 2. Month-to-month extension agreement: An extension that allows the tenant to continue occupying the premises on a monthly basis, without a fixed termination date. 3. Commercial lease extension agreement: A lease extension specifically tailored for commercial properties, addressing unique requirements for businesses. 4. Sublease extension agreement: An extension agreement that applies to a subtenant rather than the original tenant, allowing the subtenant to remain in the property for an extended period. Note: The specific terms and conditions of lease extension agreements can vary depending on the individual circumstances, negotiations, local laws, and the preferences of the landlord and the tenant. It is always advisable to consult with legal professionals or real estate agents familiar with the Springfield, Missouri area to ensure compliance with all applicable regulations and to address any unique situation or specific requirements.A Springfield Missouri Residential or Rental Lease Extension Agreement is a legal document that establishes the extension of a lease agreement between a landlord and a tenant in Springfield, Missouri. This extension agreement is designed to prolong the lease term beyond its original expiration date, ensuring both parties continue to abide by the terms and conditions laid out in the initial lease agreement. The primary purpose of a lease extension agreement is to provide a sense of security and continuity to both the landlord and the tenant, as it offers the option to extend the lease period without the need to sign an entirely new lease agreement. Springfield Missouri Residential or Rental Lease Extension Agreement includes the following relevant keywords: 1. Lease extension agreement: A contractual document that outlines the terms and conditions for extending an existing lease agreement. 2. Landlord: The property owner or manager who leases the premises to the tenant. 3. Tenant: The individual or entity occupying the property under the terms of the lease. 4. Lease term: The length of time the original lease agreement is in effect, generally ranging from one to several years. 5. Springfield, Missouri: The specific location where the lease extension pertains, referring to the city of Springfield within the state of Missouri. 6. Terms and conditions: The specific provisions, clauses, and obligations that both the landlord and the tenant must adhere to during the extended lease period. 7. Rent: The amount of money the tenant is obligated to pay the landlord for the use of the premises, typically on a monthly basis. 8. Security deposit: A refundable sum of money provided by the tenant at the beginning of the lease to cover any potential damages or unpaid rent during the lease term. 9. Utilities and maintenance: The responsibilities of the landlord and the tenant regarding the payment of utilities and the maintenance of the premises. 10. Termination clause: A provision in the lease extension agreement that specifies the circumstances under which either party can terminate the lease. Different types of Springfield Missouri Residential or Rental Lease Extension Agreements may include: 1. Fixed-term extension agreement: A lease extension with a predetermined end date, providing a clear timeframe for both parties. 2. Month-to-month extension agreement: An extension that allows the tenant to continue occupying the premises on a monthly basis, without a fixed termination date. 3. Commercial lease extension agreement: A lease extension specifically tailored for commercial properties, addressing unique requirements for businesses. 4. Sublease extension agreement: An extension agreement that applies to a subtenant rather than the original tenant, allowing the subtenant to remain in the property for an extended period. Note: The specific terms and conditions of lease extension agreements can vary depending on the individual circumstances, negotiations, local laws, and the preferences of the landlord and the tenant. It is always advisable to consult with legal professionals or real estate agents familiar with the Springfield, Missouri area to ensure compliance with all applicable regulations and to address any unique situation or specific requirements.
