Lease Renewal Addendum
Lease Renewal Addendum
This Lease Renewal Addendum (the “Addendum”) is made and entered into as of August 8, 2054, by and between [Your Name] (the “Landlord”) and John Smith (the “Tenant”) in connection with the Lease Agreement dated January 15, 2053 (the “Lease Agreement”) for the property located at [Your Company Address] (the “Premises”).
1. Renewal Term
The term of the Lease Agreement is hereby extended for a period of 24 months commencing on January 15, 2055, and ending on January 15, 2056.
2. Rent Amount
The rent for the Renewal Term will be $1,200 per month. Rent shall be due and payable on the first day of each month in accordance with the payment instructions set forth in the Lease Agreement.
3. Security Deposit
The existing security deposit of $1,000 will remain unchanged and will be applied towards the Renewal Term.
4. Maintenance Responsibilities
During the Renewal Term, the responsibilities for maintenance and repairs will remain as outlined in the original Lease Agreement. No additional responsibilities will be assigned to either party.
5. Modifications to Lease Terms
There are no additional modifications to the terms of the original Lease Agreement other than those specified in this Addendum.
6. Contact Information
For any inquiries related to this Lease Renewal Addendum, please contact:
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Landlord’s Name: [Your Name]
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Landlord’s Email: [Your Email]
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Landlord’s Phone Number: [Your Company Number]
7. Signatures
This Addendum shall be signed by both parties to become effective.
Landlord:
Name: [Your Name]
Date: August 8, 2054
Tenant:
Name: John Smith
Date: August 8, 2054
