Lease Renewal Agreement Template

I. PARTIES

This lease renewal agreement (Herein, the "Agreement") is made and entered into as of [Document.CreatedDate] by and between [Landlord.FirstName][Landlord.LastName] (herein, "Landlord") whose address is [Landlord.StreetAddress], and [Tenant.FirstName][Tenant.LastName] (Herein, the "Tenant") whose address is [Tenant.StreetAddress].

Landlord is the owner of the following property: [Property.StreetAddress], a (insert property type) located in [Property.City][Property.State]. This Agreement is for the renewal of the lease on said property to be occupied by Tenant.

II. PREMISES

The Landlord leases to the Tenant and the Tenant leases from the Landlord the property (Herein, the “Premises”) located at [Property.StreetAddress]. The Premises consist of approximately (insert size of property) of rentable space with (insert rooms of the property).

The Landlord and Tenant agree that the Premises are in good condition and fit for the use intended by the parties. The Landlord warrants no known damage to the building, which may cause any alterations or repairs necessary to correct such damage to be charged to the Tenant.

III. LEASE

The Landlord and the Tenant had entered into a lease agreement (Herein, the "Original Lease") for the premises described above on (insert date of the original lease agreement). The original lease expires on (insert date).

WHEREAS, the Original Lease was for a term of (insert number of years in the original lease agreement).

WHEREAS, both landlord and tenant have mutually agreed to further extend and amend the original lease as follows:

IV. RENEWAL TERMS AND CONDITIONS

1. The original lease will be renewed for another (insert the number of months/years) starting on (insert date) and ending on (insert date) (herein, the "Renewal term"), with the same terms and conditions as the original lease except as modified herein.

2. The tenant shall pay the landlord a monthly rent of (insert $amount) for every calendar month throughout the term of this Agreement.

If either party fails to comply with any terms and conditions contained herein and the original lease, such failure shall be deemed a breach of this Agreement and shall, at the request of either party, be subject to termination by giving written notice to the breaching party.

IN WITNESS WHEREOF, the parties have indicated their agreement to be bound by the terms and conditions of this Agreement by affixing their signatures below on the dates indicated.