Lease Extension - Australia

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Lease Extension - Australia Powered By Docstoc
					                              EXTENSION OF LEASE
                                  AUSTRALIA


THIS LEASE EXTENSION AGREEMENT made on this ________________, 20_____ by and
between __________________ (“Landlord”), and ____________________ (“Tenant”),
regarding the Premises located at ____________________________________ (“Premises”) and
leased to Tenant under a certain lease agreement known as ______________________________,
and dated ___________________, 20_________ (“Lease”). The term of this said Lease is to
expire on __________________, ________


For good and valuable consideration it is agreed as follows:


   1. Landlord and Tenant each agree to extend the term of above-described Lease for a period
      of ____________ years commencing on _______________, 20________ and ending on
      ____________, 20________.


   2. For this extended term, the rent will be increased to $ _________________ per annum,
      payable at $ _________ per month in advance, with the first payment due on
      _________________, 20_______.

[Note: In 2002 Victoria amended its Residential Tenancies Act 1997 to require 60 days
notice for a proposed rent increase, the rent not to be increased at intervals of less than 6
months.]



   3. All other terms and provisions of the above-described Lease shall remain in full force and
      shall continue for the duration of this extended term.


_______________________________
Landlord


_______________________________
Tenant




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_______, 20________ and ending on
      ____________, 20________.


   2. For this extended term, the rent will be increased to $ _________________ per annum,
      payable at $ _________ per month in advance, with the first payment due on
      _________________, 20_______.

[Note: In 2002 Victoria amended its Residential Tenancies Act 1997 to require 60 days
notice for a proposed rent increase, the rent not to be increased at intervals of less than 6
months.]



   3. All other terms and provisions of the above-described Lease shall remain in full force and
      shall continue for the duration of this extended term.


_______________________________
Landlord


_______________________________
Tenant




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DOCUMENT INFO
Description: Lease Extension Deed: is a deed which is signed between a lessor/landlord and lessee/tenant to extend an old lease to a further term.
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