Oregon 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 Oregon.

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

Oregon Lease Extension Agreement

Product Details

Product Oregon 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 #20533
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 duration of an existing lease without creating a new lease. It outlines the terms of the extension, including any changes to rent or obligations.

The length of a lease extension can vary based on the agreement between the landlord and tenant. Typically, extensions can range from a few months to a year, depending on the needs of both parties.

Yes, both the landlord and tenant must agree to and sign the lease extension agreement for it to be valid. This ensures that both parties are aware of and consent to the new terms.

Yes, a landlord can refuse to extend a lease if they have valid reasons, such as plans to sell the property or significant changes in rental terms. However, they must comply with local laws regarding notice periods.

If you do not sign the lease extension and the lease term expires, you may be required to vacate the property unless the landlord agrees to allow you to stay on a month-to-month basis or under a different arrangement.

Is This Form Right For You?

Use This Form If:

  • Individuals who are currently renting a property in Oregon may find themselves needing to extend their lease due to unforeseen circumstances, such as job changes or personal situations that require them to stay longer than initially planned. A lease extension agreement provides a formal way to document this mutual decision between the landlord and tenant.
  • Situations requiring a lease extension often arise when a tenant is satisfied with their living situation but has not yet secured a new rental property. In such cases, both parties can agree to extend the lease temporarily, ensuring the tenant can remain in their home while searching for a new place.
  • For those managing rental properties, a lease extension agreement can help avoid the hassle of drafting a new lease from scratch. This form allows landlords to maintain continuity with their current tenants while adjusting the lease terms as necessary.
  • Tenants who are in the process of negotiating terms for a new lease may wish to extend their existing lease to provide more time for discussions. This agreement can serve as a stopgap, ensuring that both parties are protected during the negotiation period.
  • Landlords may need to extend a lease if they are planning renovations or repairs that will take longer than expected. By using a lease extension agreement, they can keep their current tenants in place while managing their property improvements.

Do Not Use If:

  • โ€“ This form is not appropriate if the landlord wishes to make significant changes to the lease terms that would require a new lease agreement. In such cases, a new lease should be drafted to reflect those changes.
  • โ€“ If the tenant has already decided to vacate the premises, a lease extension agreement would be unnecessary. This form is only useful when both parties intend to continue the rental relationship.
  • โ€“ In situations where the lease is being terminated due to violations or disputes, a lease extension agreement is not suitable. Legal remedies or eviction processes should be pursued instead.
  • โ€“ For tenants who are looking to negotiate a lower rent or other substantial changes, it may be more appropriate to create a new lease rather than extending the existing one, which may not accommodate such negotiations.

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