Lease Extension Addendum Template 42
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Tips For Using Lease Extension Addendum Templates
- 1. Clearly Define Terms Ensure all terms, such as the extended lease duration and any rent adjustments, are clearly stated to avoid future disputes or misunderstandings.
- 2. Reference Original Lease Reference the original lease agreement explicitly, including the initial lease dates, to maintain legal continuity and clarity between the documents.
- 3. Address Modifications If there are any changes to the original lease terms, besides the extension of time, they should be carefully detailed and agreed upon by both parties.