Are you in need of a Lease Agreement Extension Letter Sample? Look no further! Within this article, you will find examples of Lease Agreement Extension Letter Samples that you can easily modify to suit your specific needs.
Why Use a Lease Agreement Extension Letter Sample?
When it comes to extending a lease agreement, it is essential to put everything in writing to avoid any misunderstandings or disputes in the future. Using a Lease Agreement Extension Letter Sample can help ensure that both parties are on the same page and have a clear understanding of the terms of the extension. Here are some common pain points that a Lease Agreement Extension Letter Sample can help address:
- Clarity: Clearly outline the terms of the lease extension to avoid any confusion.
- Formality: Provide a formal written record of the agreement to make it legally binding.
- Documentation: Keep a record of the lease extension for future reference.
Example of Lease Agreement Extension Letter Sample:
Dear [Recipient’s Name],
I am writing to formally request an extension of the lease agreement for the property located at [Property Address]. Due to [reason for extension, such as unexpected circumstances, market conditions, etc.], I would like to extend the lease for an additional [length of extension, such as 6 months, 1 year, etc.].
The terms of the extension will remain the same as outlined in the original lease agreement, with the exception of the duration. The new end date of the lease will be [new end date].
If you agree to this lease extension, please sign below to indicate your acceptance of the terms.
Sincerely,
Your Name