New Mexico Residential Lease Extension Agreement

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                             This Residential Lease Extension Agreement may be used to extend, on similar terms and
                             conditions, the period of the existing lease entered into by a landlord and a tenant located
                             in New Mexico. The agreement essentially extends the lease on the same terms and
                             conditions found in the original lease, but allows opportunities to make revisions such as
                             the amount of the rent payments. This document contains both standard clauses and
                             opportunities for the use of optional terms and conditions making it fully customizable to fit
                             the needs of the contracting parties.
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                    RESIDENTIAL LEASE EXTENSION AGREEMENT

THIS RESIDENTIAL LEASE EXTENSION AGREEMENT is made and entered into this
______ [Month] ____ [Date], ____ [Year], by and between ____________________
[Instruction: Insert the name of Lessor] (hereinafter referred to as “Lessor”) and
_______________________ [Instruction: Insert the name of Lessee] (hereinafter referred to as
“Lessee”).

In consideration of the covenants and obligations contained herein and of other good and
valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
agree as follows:

1. Prior Lease: The parties executed a Residential Lease Agreement dated ________________
   [Instruction: Insert the execution date of lease Agreement] (hereinafter “Lease
   Agreement”) with a term of lease commencing on the

   Commencing on :             _____________ [Month, Day, Year]

   Terminating on      :       _____________ [Month, Day, Year]

   All terms, conditions, and provisions of said Lease Agreement are hereby incorporated by
   attachment see Exhibit A.

2. Extension of Prior Lease Term: The parties hereby agree to extend and continue the
   aforementioned Lease Agreement for an additional term, commencing on the

   Commencing on :             _____________ [Month, Day, Year]

   Terminating on      :       _____________ [Month, Day, Year]

3. Revised Rent Payments: The rent shall be payable in equal monthly installments of
   $_____________ [Two thousand dollars ($2,000)] [Insert the Amount], payable according
   to the Lease Agreement.

4. It is further provided, however, that all other terms of the Lease Agreement shall continue
   during this extended term as if set forth herein.

5. This agreement shall be binding upon and shall inure to the benefit of the parties, their
   successors, assigns and personal representatives.

       Lessor                                          Lessee

Sign: _______________________________                  _______________________________

Print: _______________________________                 _______________________________

Date: _______________________________                  _______________________________




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Description: This Residential Lease Extension Agreement may be used to extend, on similar terms and conditions, the period of the existing lease entered into by a landlord and a tenant located in New Mexico. The agreement essentially extends the lease on the same terms and conditions found in the original lease, but allows opportunities to make revisions such as the amount of the rent payments. This document contains both standard clauses and opportunities for the use of optional terms and conditions making it fully customizable to fit the needs of the contracting parties.
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This document is also part of a package Essential New Mexico Legal Documents 144 Documents Included