Lease renewal agreements
Renew an existing lease for a new term, changing only what you say.
Extend an existing lease on agreed terms.
- Personal & business / Legal document
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Key features
The lease and the new term
Identifies the lease and sets the new dates, with occupation continuing without a break.
Rent, other amounts and deposit
The rent for the new term with any stepped changes, whether other amounts change, and whether the deposit carries over or is topped up.
Everything else stays the same
Every term not changed continues to apply, with a blank for other agreed changes and a note that anything discussed but not agreed is out.
Condition, work and occupants
Whether premises were inspected, work each side will do and who occupies in the new term.
Guarantee and what happens next
Whether a guarantee continues, and whether the tenancy ends, continues or is renewed again at the end.
About this document
A lease renewal agreement continues a tenancy that is coming to an end on agreed terms. It identifies the lease, sets the new term and rent, states whether other amounts and the deposit change, and records any other agreed changes, while confirming that everything else stays the same.
It is a blank to complete by hand and sign, with a line for a guarantor. It also records whether the parties have inspected, work either will do, who occupies the premises and what happens when the renewed term ends. Whether a renewal needs particular wording or notice depends on the lease and the state.
Is this document right for you?
Useful when
- Your lease is ending and you both want to continue
- You want to change the rent or a few terms at renewal
- You want written confirmation that nothing else changes
Commonly used by
- Landlords and tenants
- Property managers
- Small business tenants
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Alternatives
These are separate documents, for different jobs.
- Lease amendment agreementsChange the terms of a lease already in place.View document
- Lease AddendumAdd terms or conditions to an existing lease.View document
- Residential lease agreementsSet the terms for renting a home.View document
- Commercial lease agreementsSet the terms for renting business premises.View document
When to use this
- A tenant renews for another year at a new rent
- A landlord renews and raises the deposit
- A tenant renews with a changed pet or parking term
What happens next
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More in Lease Amendment & Assignment
- Lease amendment agreementsChange the terms of a lease already in place.View document
- Lease AddendumAdd terms or conditions to an existing lease.View document
- Lease Assignment AgreementTransfer a tenant's lease rights and duties to someone else.View document
- Landlord's Consent to Lease AssignmentRecord a landlord's consent to a lease assignment.View document
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Questions
About the lease renewal agreements
The form has a blank for the new rent. Whether and how much a rent can rise, and what notice applies, varies by state and locality.
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