Lease Extension Agreement (AR)
Leases and other rental agreements often include provisions for extending the original agreement without renegotiating and resigning the entire thing. Both parties will sign a Lease Extension Agreement, like this one, saying that the rental will continue with the same, or very similar, terms.
This agreement allows you to:
- Set a new end date
- Change the rent amount
- Collect an additional or new security deposit
- Collect additional or new prepaid rent