Lease Renewal Agreement

This Lease Renewal Agreement is made and entered into on the 1st day of January 2050, by and between Alanis Durgan (hereinafter referred to as the "Tenant") and [Your Company Name] (hereinafter referred to as the "Lessor").

I. RECITALS

This Lease Renewal Agreement is executed with reference to the following facts and circumstances:

1. The Lessor and the Tenant entered into a Lease Agreement dated June 1, 2020, for the property located at 123 Maple Street, Glendale, AZ 85301.

2. The original Lease Agreement is set to expire on December 31, 2024.

3. Both parties wish to renew the Lease Agreement under the terms and conditions set forth herein.

II. TERMS OF RENEWAL

The terms and conditions of the Lease Agreement are hereby renewed and amended as follows:

Section	Description
Lease Term	January 1, 2025 to December 31, 2025
Monthly Rent	$1,500
Security Deposit	$1,500

III. OCCUPANCY AND USE

The Tenant agrees to use the premises solely for residential purposes and in accordance with all applicable laws and regulations.

IV. RENT PAYMENT

1. Rent shall be payable monthly on or before the 1st of each month.

2. Payments should be sent to the following address:

   • [Your Company Address]

V. MAINTENANCE AND REPAIRS

The Tenant shall maintain the premises in good condition and shall promptly notify the Lessor of any necessary repairs. The Lessor agrees to perform all necessary repairs in a timely manner.

VI. TERMINATION CLAUSE

This Lease Renewal Agreement may be terminated under the following conditions:

1. Either party may terminate the lease by providing 30 days written notice.

2. Grounds for termination include but are not limited to, breach of contract, failure to pay rent, or violation of terms.

VII. GOVERNING LAW

This Lease Renewal Agreement shall be governed by and construed in accordance with the laws of the State of Arizona.

VIII. SIGNATURES

In witness whereof, the parties hereto have executed this Lease Renewal Agreement as of the date first above written.

Alanis Durgan
Tenant

[Your Name]
[Your Company Name]
Lessor

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