Lease Renewal Agreement Template

Notice

The provided content serves solely as a general template for renewing lease agreements and is intended for informational purposes only. It does not replace legal advice and should not be relied upon without consulting a qualified attorney experienced in real estate or landlord-tenant law. Legal requirements may differ by jurisdiction, and modifications might be necessary to ensure compliance with local regulations. The user assumes full responsibility for using this example, and we accept no liability for any errors, omissions, or consequences resulting from its application without professional review.

This is a sample template of a lease renewal agreement. Actual terms may differ depending on specific agreements and legal considerations. Adjust details accordingly.

Lease Renewal Agreement Sample

Parties Involved:

Landlord: Alice Johnson
Address: 789 Maple Road, Springfield, IL 62704

Tenant: Robert Lee
Address: 1010 Pine Street, Springfield, IL 62704

Description of the Property:

The property subject to this renewal is a one-bedroom apartment located at 789 Maple Road, Springfield, IL 62704, including any fixtures or appliances provided by the landlord, and the use of common areas.

Current Lease Term and Renewal:

The original lease commenced on __________________ and is scheduled to end on __________________. Both parties agree to renew the lease for an additional period commencing on __________________ and ending on __________________.

Renewed Rent and Payment Terms:

The tenant shall pay a monthly rent of $950, due on the first day of each month, payable by check, electronic transfer, or other mutually agreed method.

Security Deposit:

A security deposit of $950 shall be maintained by the tenant, with rights and obligations similar to the original agreement, and subject to applicable laws regarding its handling and return.

Obligations of the Parties:

The landlord commits to maintaining the property in a habitable condition. The tenant agrees to adhere to all lease terms, maintain the premises, and notify the landlord of any issues promptly.

Governing Law:

This renewal agreement shall be governed by the laws of the State of Illinois. Disputes shall be resolved in the courts of Sangamon County, Illinois.

Additional Provisions:

• Modifications to this renewal must be in writing signed by both parties.
• Both parties agree to adhere to the terms outlined herein and the original lease, as amended by this renewal.
• Either party may terminate the renewal with written notice as specified in the original lease agreement.

Springfield, ______________________