The Lease Renewal Addendum Template is essential for property owners and managers in the United States who wish to formally extend existing lease agreements. This document serves as a legally binding modification to the original lease, typically used when both parties agree to continue the tenancy beyond the initial term. The addendum specifically outlines new dates, rent amounts, and any modified terms while preserving the original lease's core provisions. It must comply with federal housing laws and state-specific landlord-tenant regulations, making it a crucial tool for maintaining legal compliance while extending rental agreements.
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1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Reference to original lease agreement and intention to renew
3. Definitions: Key terms used in the addendum
4. Term of Renewal: Specific dates for the renewal period
5. Rent Amount: Updated rental payment terms and amounts
6. Continuing Validity: Confirmation that all other original lease terms remain in effect
1. Modified Terms: Any changes to original lease terms, used when specific provisions need updating
2. Property Improvements: Details of any updates or modifications to the property, included when relevant
3. Additional Occupants: Information about new occupants, if applicable
4. Pet Addendum: Updated pet policies, if changes are needed
1. Updated Payment Schedule: Detailed breakdown of payment dates and amounts
2. Property Condition Report: Current condition assessment of the property
3. Modified Rules and Regulations: Any updates to property rules or regulations
4. Signatures and Notarization: Execution page with notary requirements if applicable
Relevant legal definitions
Agreement
Original Lease
Renewal Term
Premises
Property
Landlord
Tenant
Commencement Date
Expiration Date
Base Rent
Additional Rent
Security Deposit
Common Areas
Property Manager
Monthly Rent
Renewal Period
Effective Date
Parties
Building
Permitted Use
Notice
Business Day
Lease Year
Utilities
Rules and Regulations
Original Lease
Renewal Term
Premises
Property
Landlord
Tenant
Commencement Date
Expiration Date
Base Rent
Additional Rent
Security Deposit
Common Areas
Property Manager
Monthly Rent
Renewal Period
Effective Date
Parties
Building
Permitted Use
Notice
Business Day
Lease Year
Utilities
Rules and Regulations
Clauses
Renewal Term
Rent and Payment
Security Deposit
Property Condition
Maintenance and Repairs
Insurance
Utilities and Services
Access and Inspection
Use of Premises
Occupancy
Assignment and Subletting
Alterations and Improvements
Quiet Enjoyment
Default and Remedies
Notice Requirements
Governing Law
Severability
Entire Agreement
Amendment
Signatures and Execution
Property Rules and Regulations
Compliance with Laws
Holdover
Termination Rights
Force Majeure
Rent and Payment
Security Deposit
Property Condition
Maintenance and Repairs
Insurance
Utilities and Services
Access and Inspection
Use of Premises
Occupancy
Assignment and Subletting
Alterations and Improvements
Quiet Enjoyment
Default and Remedies
Notice Requirements
Governing Law
Severability
Entire Agreement
Amendment
Signatures and Execution
Property Rules and Regulations
Compliance with Laws
Holdover
Termination Rights
Force Majeure
Relevant Industries
Relevant Teams
Relevant Roles
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