Rental Extension Agreement Template for United States

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Key Requirements PROMPT example:

Rental Extension Agreement

"I need a Rental Extension Agreement to extend my current commercial office lease for an additional 24 months starting March 1, 2025, with a 5% increase in monthly rent and permission to make minor renovations to the space."

Document background
The Rental Extension Agreement is utilized when both landlord and tenant wish to continue their rental relationship beyond the original lease term. This document is particularly important in the United States where rental relationships must be properly documented to ensure legal compliance and protect both parties' interests. It typically includes the extension period, any rent adjustments, and modifications to the original terms while maintaining the validity of the original lease agreement. The document ensures compliance with federal housing laws, state-specific landlord-tenant regulations, and local housing codes.
Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names and addresses

2. Background: Reference to original lease agreement and reason for extension

3. Definitions: Key terms used in the agreement

4. Extension Term: Specific period of the lease extension

5. Rent: Confirmation of rent amount during extension period

6. Original Terms: Confirmation that other original lease terms remain in effect

Optional Sections

1. Modified Terms: Any changes to original lease terms that need to be included when original terms require modification

2. Security Deposit: Updates to security deposit arrangements, included when security deposit terms change

3. Property Improvements: Agreed modifications to property, included when improvements are planned during extension

Suggested Schedules

1. Original Lease: Copy of the original lease agreement as reference

2. Property Condition Report: Updated condition assessment of the property

3. Modified Terms Schedule: Detailed list of any modifications to original terms

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Fair Housing Act: Federal law prohibiting discrimination in housing transactions based on race, color, national origin, religion, sex, familial status, and disability

Americans with Disabilities Act: Federal law requiring reasonable accommodations for disabled tenants in rental properties

Federal Lead-Based Paint Disclosure: Federal requirement for disclosure of lead-based paint hazards in properties built before 1978

State Landlord-Tenant Acts: State-specific laws governing the relationship between landlords and tenants, including rights, responsibilities, and remedies

State Rent Control Laws: State regulations governing rent increases and tenant protections in rent-controlled jurisdictions

State Security Deposit Regulations: State laws governing the handling, maintenance, and return of security deposits

State Notice Requirements: State-specific requirements for providing notice regarding lease changes, termination, or modifications

State Habitability Requirements: State laws defining minimum standards for property maintenance and living conditions

Municipal Housing Codes: Local regulations establishing standards for building safety, maintenance, and occupancy

Local Rent Control Ordinances: City or county-specific regulations governing rent increases and tenant protections

Local Zoning Regulations: Municipal rules governing property use, occupancy limits, and permitted activities

Original Lease Compliance: Ensuring extension agreement aligns with terms and conditions of the original lease

State Contract Modification Laws: State-specific requirements for modifying existing contractual agreements

Statute of Frauds: State laws requiring certain contracts, including lease agreements exceeding one year, to be in writing

Electronic Signature Laws: Federal and state laws governing the validity of electronic signatures in rental agreements

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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