Lease Renewal Agreement

LEASE RENEWAL AGREEMENT
This Lease Renewal Agreement ("Renewal") is entered into as of [Date] by and between:
LANDLORD: [Landlord Name], [Landlord Company Name (if applicable)], [Landlord Address] ("Landlord")
TENANT(S): [Tenant 1 Name], [Tenant 2 Name (if applicable)] ("Tenant")
Property Address: [Property Address]
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SECTION 1 — REFERENCE TO ORIGINAL LEASE
This Renewal extends and amends the original Residential Lease Agreement dated [Original Lease Date] between the above-named parties for the property located at [Property Address] ("Original Lease"). The Original Lease is hereby incorporated by reference. All terms and conditions of the Original Lease remain in full force and effect except as expressly modified herein.
SECTION 2 — NEW LEASE TERM
The tenancy shall be extended for a new term commencing [New Start Date] and ending [New End Date], unless sooner terminated in accordance with the terms of the Original Lease or applicable law. This Renewal creates a fixed-term tenancy for the period stated. Holdover after [New End Date] without a written renewal shall convert the tenancy to a month-to-month arrangement at the updated rent stated herein, subject to applicable notice requirements.
SECTION 3 — UPDATED MONTHLY RENT
Effective [New Start Date], the monthly rent shall be $[New Rent Amount], payable on the [Day] of each month. This represents a change from the prior monthly rent of $[Prior Rent Amount]. All payment procedures, late fee provisions, and grace periods from the Original Lease remain unchanged. Late fee: $[Late Fee] assessed after a [X]-day grace period. Acceptable payment methods: [Payment Methods].
SECTION 4 — SECURITY DEPOSIT
The existing security deposit of $[Security Deposit Amount] on file with Landlord shall remain in place and continue to be held in accordance with the Original Lease and applicable state law.
[ ] No additional deposit is required.
[ ] An additional deposit of $[Additional Deposit Amount] is required upon signing this Renewal, bringing the total deposit to $[Total Deposit].
SECTION 5 — CHANGES TO TERMS (if any)
The following terms of the Original Lease are hereby modified as of [New Start Date]:

[Section 2 — continued...]

[Section 3 — fill in your details...]

[Additional clauses and provisions apply...]