Today we will be guiding you through a free lease extension addendum. We hope you found this video helpful on your property management journey!
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FREE template: [ Ссылка ]
When a lease agreement comes to an end, it doesn't necessarily mean that both the landlord and tenant will go their separate ways. Sometimes, a new lease agreement will be established, while in others, the original lease will be extended. This is where a lease extension addendum comes into play. It is a contract that will be used to extend the original lease agreement. Essentially, there will be a new date set for which the lease expires and both the landlord and tenant will agree to this. Read our blog post for more! [ Ссылка ]
Chapters:
0:00 - Welcome!
1:11 - How does a lease extension agreement differ from a lease renewal?
3:06 - What kind of information should be present in lease extension agreement?
3:46 - What are some good cases for a lease extension agreement?
4:38 - What are cases lease extensions aren't recommended?
5:20 - What kind of information should be present in a lease extension agreement?
7:05 - Does suggesting a lease extension agreement require the tenant to indicate an interest?
8:35 - Free lease extension form!
8:45 - Thank you for watching!
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Disclaimer: This video was produced by DoorLoop and is the intellectual property of DoorLoop. The creator featured in this video is an employee of DoorLoop. All information presented in this video is subject to change and may have changed since the time of filming. These videos are for educational and entertainment purposes and are not offering legal advice. Opinions expressed in our videos do not reflect DoorLoop's stance as a company.
Category: Property Management
Your Guide to a Lease Extension Addendum + Free Template
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