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Minnesota 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 Minnesota.

This packet includes:
1) Instructions and Checklist for the Lease Extension
2) Information about the Lease Extension
3) The Lease Extension Agreement (the “Agreement”).

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

Minnesota Lease Extension Agreement

Product Details

Product Minnesota 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 #20519
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 their existing lease without creating a new lease. It outlines the new duration of the lease and any changes to the rental terms.

You should use a lease extension agreement when both the landlord and tenant agree to continue the lease beyond its original expiration date. This document helps prevent misunderstandings and ensures that both parties are on the same page regarding the new terms.

Yes, a lease extension agreement can include modifications to the original lease terms, such as changes in rent or duration. However, both parties must agree to these changes for them to be enforceable.

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

If you do not use a lease extension agreement and continue to occupy the rental property, you may risk misunderstandings regarding rental payments or lease terms. It is advisable to have a written agreement to protect both parties' interests.

Is This Form Right For You?

Use This Form If:

  • Individuals who are currently renting a property and wish to stay beyond their original lease term can utilize this agreement to formalize their intentions. This helps ensure that both parties are clear on the new terms and conditions without needing to draft a completely new lease.
  • Situations requiring a lease extension often arise when tenants face unexpected circumstances, such as job relocations or family matters. In such cases, a lease extension agreement allows tenants to maintain their residence while providing landlords with assurance of continued occupancy.
  • For those managing rental properties, having a lease extension agreement on hand can streamline the process of retaining good tenants. This document serves as a clear record of the agreement to extend the lease, minimizing potential disputes over terms later on.
  • Landlords may find it necessary to extend a lease when they are unable to find new tenants immediately after the current lease expires. This form provides a legal framework that protects both parties and ensures that rental payments continue without interruption.
  • In instances where both the landlord and tenant have a good relationship and wish to avoid the hassle of renegotiating an entirely new lease, this agreement can facilitate a smooth transition. It allows for the continuation of the existing lease terms with minor adjustments as needed.

Do Not Use If:

  • – This form is not appropriate when the landlord and tenant wish to make significant changes to the lease terms that cannot be accommodated in an extension. In such cases, a new lease agreement may be necessary.
  • – If the tenant has violated the terms of the original lease, the landlord may prefer to terminate the lease rather than extend it. A lease extension agreement would not be suitable in this scenario.
  • – In situations where the property is being sold or transferred to a new owner, a lease extension may not be valid. The new owner may have different terms or conditions they wish to impose.
  • – This form should not be used if the tenant has indicated they do not wish to continue renting the property. A lease extension agreement requires mutual consent from both parties.
  • – If the original lease has expired and the tenant has not communicated their intent to stay, the landlord may need to pursue eviction rather than extending the lease.

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