Lease Extension Agreement Sample Words. An extension agreement can be defined as a document containing additional, albeit necessary information that readjusts an already existing text for duration lengthening. A lease agreement allows a tenant to live in a space in exchange for consistent payments of rent to the landlord.
You will receive it in Word and PDF formats.
Extensions are not a requirement in a business relationship but are often granted just before an original agreement is set to expire.
EXTENSION OF LEASE AGREEMENT This Extension of Lease Agreement (the "Agreement") is made and effective [DATE], BETWEEN: [YOUR COMPANY NAME ] (the "Landlord"), a corporation organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head. In other words, a Lease Assignment Agreement is used when the original tenant wants to get out of a lease and has someone lined up to take their place. The remaining terms and conditions of the lease will stay the same unless written.