This lease extension addendum renews a tenant's lease for an additional period at a new monthly rent amount. It specifies the new rental rate, the lease period, and confirms that all other terms of the original lease will remain in effect. The landlord and tenant must both sign to acknowledge their agreement to these new terms and that the tenant is satisfied with the condition of the property.

1. LEASE EXTENSION ADDENDUM
Date of Amendment: {$addendum_date}_________
Landlord/Lessor: {$landlord_name}__________________
Tenant/Lessee: {$lessee_name}______________________
Property Address: {$property_address}
Your current lease expires on {$expiration_date}. I hereby offer to renew your lease at the
annual rent of ${$renewal_amount} payable in advance in monthly installments of
${$monthly_rate} for the period of {$lease_period}.
All other terms of the lease dated{$current_lease_date} will remain in full force and effect.
By signing below, you acknowledge that you are satisfied with the condition of the apartment
and have no defenses or offsets to the lease.
The parties agree that the aforementioned lease agreement shall be extended for a period of
{$lease_extension_period} with the monthly rent to be in the amount of ${$new_lease_rate}.
All other terms and conditions of the lease agreement dated {$original_lease_date} shall
remain in effect in respect for the obligations of both parties.
Landlord/Lessor Signature ______________________________________________
Date: {$landlord_sign_date}
Tenant/Lessee Signature ________________________________________________
Date: {$tenant_sign_date}
This document has important legal consequences. Please consult with an attorney prior to use of this
document as contracts may require the use of special provisions or language not included in this form. If
you choose to use this form as is, use is strictly at your own risk.