Commercial lease Extension Agreement Template

Extension for lease agreement document is commonly composed in templates available in Microsoft word as it is cost effective method and adding more information is easy. Buying a property through lease method is common nowadays as it is difficult to arrange a full amount at once to buy the property.

Format of extension for lease agreement

  • Lease extension date
  • Between LESSOR and LESSEE
  • Located at
  • Additional time period

Commercial Lease Agreement

  • Starting on
  • Ending on
  • Lease extension rate

Agreement holds the information regarding property as well as it location therefore calculating the rise in the rate of lease can be observed by any party. This document provides evidence that which two parties are involved in the process of lease extension of the specific property. Therefore establishing the amount required by tenant each month can be arranged effectively before the due date.

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