Lease Renewal Agreement

Purpose: This Lease Renewal Agreement is used to officially extend the lease agreement between the landlord and tenant for the continued use of a rental property. This document outlines the terms and conditions for the extended lease period, which may either reflect the original agreement or include updated terms.

Parties

This Lease Renewal Agreement is entered into on {agreementDate} by and between:

• Landlord: {landlordName}, located at {landlordAddress}
• Tenant: {tenantName}, residing at {tenantAddress}

Original Lease Information

The original lease agreement was dated {originalLeaseDate} regarding the property located at {propertyAddress}.

Renewal Term

The lease is hereby renewed for a term of {renewalTerm}, commencing on {renewalStartDate} and ending on {renewalEndDate}.

Rent and Payment Terms

The monthly rent during the renewal term shall be ${monthlyRent}, paid on or before the {paymentDueDay} of each month.

{#hasSecurityDeposit}

Security Deposit: A security deposit of ${securityDepositAmount} will be held under the terms of the original lease.

{/hasSecurityDeposit}

{^hasSecurityDeposit}

Security Deposit: No security deposit will be held during the renewed lease term.

{/hasSecurityDeposit}

Updated Terms

{#hasUpdatedTerms}

The following changes are made to the original lease agreement:

{#updatedTerms}

• {term}: {description}

{/updatedTerms}

{/hasUpdatedTerms}

{^hasUpdatedTerms}

No changes have been made to the original lease agreement. All terms and conditions of the original lease shall remain in full force and effect.

{/hasUpdatedTerms}

Utilities and Maintenance

Responsibility for utilities and maintenance shall remain as set forth in the original lease agreement.

Signatures