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Arizona ame) Lease Extension Agreement - 2 - ________________ ___________________________________ (Name) ___________________________________ (Position, if applicable) TENANT: _________________________________ _________________________________ (Nension Agreement - 1 - Initials ______ / _______/ ______ IN WITNESS WHEREOF, the parties have caused this Extension to be executed the day and year first above written. LANDLORD: ___________________nd permitted assigns of the Parties. GOVERNING LAW: This Extension shall be governed by and construed in accordance with the laws of the State of __________________________________________. Lease Extbe deemed to be construed as so limited. BINDING EFFECT: The covenants and conditions contained in this Extension shall apply to and bind the parties and the heirs, legal representatives, successors a If any provision of this Extension is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall shall control over the Lease. SEVERABILITY: If any part or parts of this Extension shall be held unenforceable for any reason, the remainder of this Extension shall continue in full force and effect. obligations of the Lease remain in effect throughout the New Term except for those provisions of the Lease that are directly contradicted by this Extension, in which event the terms of this Extensionthe New Term. If the New Term ends on any day other than the last day of the month, the rent will be prorated accordingly. OBLIGATIONS UNDER THE LEASE: The Parties agree that all terms, conditions and_ ( the "New Term"). LEASE PAYMENTS: During the New Term, Tenant agrees to pay Landlord as rent for the Premises the amount of $________________ each month, payable on the first day of each month of EREFORE, the Parties hereby agree as follows: EXTENSION: The Lease shall extend and continue for an additional term commencing on _______________________, 20__ and terminating on _______________, 20__________________________________________________ (the "Premises") for a term ending on ___________________________ (the "Lease"); and WHEREAS, the Parties wish to extend the term of the Lease. NOW, THllectively be referred to as the "Parties." WHEREAS, Landlord and Tenant entered into a lease agreement dated _________________ , 20__ regarding the property at __________________________ _____________________________, 20____ by and between ________________________________________ ("Landlord") and _____________________ ________________________________________ ("Tenant"). Landlord and Tenant may coform you should always consult with your attorney to ensure that it addresses your specific situation. LEASE EXTENSION AGREEMENT This Lease Extension Agreement (this "Extension") is entered as of ___fferent laws relating to leases, so Landlords and Tenants should become familiar with the laws of their state and locality before entering into this type of arrangement. In addition, before using the t to extend the lease term. By entering into this type of agreement, the parties can avoid many future problems and misunderstandings surrounding the extension. Many states and localities also have di term but would rather not enter into an entirely new lease. In this case, the Landlord and Tenant should enter a lease extension agreement. This agreement is simply a written record of their agreemenl either enter a new lease, or the Tenant will vacate the premises. However, under certain circumstances, both the Landlord and the Tenant may wish to extend the lease past the expiration of the leases.com Lease Extension Agreement Information Lease and rental agreements are typically made for a fixed term (e.g. one year). In most cases, at the end of the lease term, the Landlord and Tenant wiltuation. An attorney should be consulted before negotiating any document with another party. The purchase and use of these forms is subject to the "Disclaimers and Terms of Use" found at findlegalformubstitute for legal advice. These forms should only be a starting point for you and should not be used or signed before first consulting with an attorney to ensure that it addresses your particular sin your area to determine whether additional provisions, if any, are required in your state or locality Laws vary from time to time and from state to state. These forms are not intended and are not a sed). These forms contain the basic terms and language that should be included in similar agreements. The laws in some states require additional provisions. Check with a real estate agent or attorney illy both the Landlord and the Tenant will each want an original, signed copy of the Agreement. Therefore, if there is one Landlord and one Tenant, two original Agreements should be executed (i.e. signon Agreement (the "Agreement"). The Tenant must sign the Agreement. The Landlord and the Tenant must sign the Agreement. The Landlord and Tenant must also initial the Agreement where indicated. GeneraLease Extension Agreement Instructions & Checklist This package contains: (1) Instructions and Checklist for the Lease Extension; (2) Information about the Lease Extension; and (3) The Lease Extensi Arizona