Renewal Of Rent Agreement

This lease is a document used for a lessor and tenant to extend the term of a lease that is about to expire for an additional term. The renewal agreement allows the lessor and tenant to continue the lease while having the opportunity to make any necessary changes to their original lease, for example.B. new residents, rules or payment agreements. In general, when a lease expires, if the lessor is allowed to stay, the lease is converted into a monthly agreement. However, by using a leasing renewal agreement, the parties may choose to establish another long-term contract, with the same or modified terms as their original lease agreement. . . .

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