Idaho Residential Lease Extension Agreement

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Idaho Residential Lease Extension Agreement Powered By Docstoc
					                     EXTENSION OF LEASE AGREEMENT
THIS AGREEMENT made effective as of the _____ day of ______________, _______.

BETWEEN:

                                     [NAME OF LANDLORD]
                                             [address]
                                       (the “Landlord”)

                                              - and -

                                    [NAME(S) OF TENANT(S)]
                                          [address]
                                       (the “Tenant”)

WHEREAS:

A.     The parties entered into a lease (the “Lease”) with respect to the property located at
       ________, [ city/town ], Idaho, dated [set out date of lease], the term of which expires [set
       out the expiry date].

B.     The parties desire to extend the term of the Lease as hereinafter set forth.

NOW THEREFORE for ONE DOLLAR ($1.00) and other good and valuable consideration, all
exchanged between the parties, the receipt and sufficiency of all which is hereby acknowledged
by each party, the parties hereby agree as follows:

1.     The term of the Lease is hereby extended for a period of _____ months, commencing on
       the _____ day of ______________, _______ and terminating on the _____ day of
       ______________, _______.

2.     Tenant acknowledges and agrees that it shall not have any further right to renew or
     
				
DOCUMENT INFO
Description: Extend the term of a tenant's lease with this Idaho Residential Lease Extension Agreement. - The landlord and tenant must both agree to extend the lease term for an additional period. - The lease cost now becomes a monthly rental payment for the duration of the extended term. - All other provisions of the original lease which are not amended in the Extension Agreement remain the same. - This Agreement is only for residential tenancies. For business tenants, a Renewal and Extension of Commercial Lease is required. This Idaho Residential Lease Extension Agreement template is fully editable and easy to use.
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