Arkansas Lease Extension Agreement

Bahman Eslamboly

Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms

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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 will 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 lease 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 agreement to extend the lease term. By entering into this type of agreement, the parties can avoid many future problems and misunderstandings surrounding the extension.

This form can be used in Arkansas.

This packet includes:
1) Instructions and Checklist for the Lease Extension
2) Information about the Lease Extension
3) The Lease Extension Agreement (the โ€œAgreementโ€).

Among others, this form includes the following provisions:
โ€ข Extension Length
โ€ข Lease Payments
โ€ข Unaffected Obligations Under the Lease
โ€ข Binding Effect

Arkansas Lease Extension Agreement

Product Details

Product Arkansas Lease Extension Agreement
Country United States
Pages 4
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Lease Extension Agreements (English)
Product number #20499
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee

Frequently Asked Questions

A lease extension agreement is a legal document that allows a landlord and tenant to extend the terms of an existing lease without creating a new lease. It outlines the new duration of the lease and any changes to the rental terms.

To fill out a lease extension agreement, both parties should review the original lease terms, agree on the new duration, and any changes to rent or conditions. The form should then be signed by both parties to make it legally binding.

Yes, once signed by both the landlord and tenant, a lease extension agreement is a legally binding document. It ensures that both parties adhere to the terms outlined in the agreement.

Yes, this form can still be used even if the lease has expired, as long as both parties agree to the extension. It is advisable to complete the agreement promptly to avoid any potential legal issues.

If a lease extension agreement is not signed, the tenant may be required to vacate the premises at the end of the original lease term unless otherwise agreed upon. It is important to formalize any extensions to avoid misunderstandings.

Is This Form Right For You?

Use This Form If:

  • Individuals who are currently renting a property and wish to continue their tenancy beyond the original lease term may find this form useful. By formalizing the extension, both parties can avoid misunderstandings regarding rental payments and duration.
  • Situations requiring a temporary extension of a lease, such as when a tenant needs more time to find a new home or when a landlord is not ready to re-rent the property, can benefit from this agreement. It provides a clear understanding of the terms under which the lease will continue.
  • For those who have a good relationship with their landlord and want to maintain stability in their living situation, a lease extension agreement can solidify their arrangement. This document helps ensure that both parties are on the same page about the lease conditions moving forward.
  • Landlords may use this form when they want to retain a reliable tenant without the hassle of drafting a new lease. It allows them to extend the existing lease terms while maintaining the original obligations and conditions.
  • In cases where a tenant's circumstances change, such as job relocation or family matters, and they need additional time in their current residence, this agreement serves as a practical solution. It allows for flexibility while ensuring legal protection for both parties.

Do Not Use If:

  • โ€“ This form is not appropriate when the landlord and tenant have decided to terminate the lease entirely. In such cases, a lease termination agreement would be more suitable.
  • โ€“ If there are significant changes to the rental terms, such as a substantial increase in rent or changes in property use, a new lease agreement should be drafted instead of using a lease extension.
  • โ€“ In situations where the tenant has violated lease terms, such as non-payment of rent or property damage, it may not be advisable to extend the lease. The landlord may prefer to pursue eviction or other legal remedies.
  • โ€“ This form should not be used if either party is uncertain about the terms of the extension or if there are unresolved disputes. It is essential to resolve any issues before proceeding with an extension.
  • โ€“ If the property is being sold or transferred to a new owner, a lease extension may not be appropriate, as the new owner may have different terms or conditions for the lease.

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