Renew Lease Letter to Extend Renewal of Lease Agreement

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OPTION TO RENEW/EXTEND LEASE

DATE:_____________, 20______, at_______________________________________________________, California. Items left blank or unchecked are not applicable. FACTS: This option to renew or extend is an addendum to the lease agreement entered into by Landlord and Tenant, dated _____________, 20______, at ________________________________________________________, California, recorded _____________, 20______, as Instrument No. ____________, in __________________ County, California, regarding real estate referred to as __________________________________________________________________ _____________________________________________________________________________________________. AGREEMENT: 1. Landlord hereby grants to Tenant the following option(s) to renew, or extend, the term of the lease agreement referenced above. 1.1 The first option is for a term beginning on expiration of the original term of the lease and ending ______ year(s) thereafter. The rental payment schedule during the term of this renewal/extension to be ________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ 1.2 The second option is for a term beginning on expiration of the immediately preceding term and ending ______ year(s) thereafter. The rental payment schedule during the term of this renewal/extension to be ________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ 1.3 The third option is for a term beginning on expiration of the immediately preceeding term and ending ______ year(s) thereafter. The rental payment schedule during the term of this renewal/extension to be ________________________ ______________________________________________________________________________________ ______________________________________________________________________________________ 1.4 Other _________________________________________________________________________________ ______________________________________________________________________________________ 2. Each option to renew/extend the lease expires _____months prior to the expiration of the lease term which immediately precedes the renewal/extension period provided by the option. 3. A written notice of Exercise of Option to Renew/Extend must be delivered prior to expiration of the option exercised and no sooner than ______months before expiration of the option exercised. See _____________ [See ft Form 566] 3.1 Exercise of each option to be delivered to Landlord by certified mail or personal delivery, or by personal delivery to Broker/Property Manager who is __________________________________________________ Address:_______________________________________________________________________________ 3.2 Tenant’s failure to timely exercise any option will cause the lease to expire unrenewed and unextended. 4. This addendum’s provisions supersede any inconsistent provisions contained in the lease agreement. 5. Other provisions: _____________________________________________________________________________ I agree to the terms stated above. Date:_____________, 20______ Landlord: ______________________________________ Agent: ________________________________________ Signature: _____________________________________ Address: _____________________________________ ______________________________________________ Phone: ________________________________________ Fax: __________________________________________ E-mail: ________________________________________ I agree to the terms stated above. Date:_____________, 20______ Tenant:________________________________________ Tenant:________________________________________ Signature: _____________________________________ Signature: _____________________________________ Address: ______________________________________ ______________________________________________ Phone:________________________________________ Fax: __________________________________________ E-mail: ________________________________________

FORM 565

10-01

©2007 first tuesday, P.O. BOX 20069, RIVERSIDE, CA 92516 (800) 794-0494


				
DOCUMENT INFO
Description: Really nice basic form for landlords to send to tenants to renew their apartment, housing and dwelling home lease contract or agreement. Allow the tenant to renew from 1 to 3 years.