What Is a Lease Extension?

This question is about Lease Extension Addendum

What Is a Lease Extension? on iPropertyManagement.com

A lease extension is a continuation of the original lease agreement. The parties to the lease continue the landlord-tenant relationship beyond the expiration of the original lease term. New provisions can be adopted along with the newly defined term.

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The information for this answer was found on our Lease Extension Addendum answers.