Lease Extension Agreement (India)

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This Lease Extension Agreement is created for use in India. This legal form is available for immediate download.

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A lease agreement is typically made for a fixed term. In most cases, at the end of the lease term, the landlord and tenant will either enter a new lease or the tenant will vacate the premises. Under certain circumstances the parties may wish to extend the lease past the expiration date but not enter into an entirely new lease. In this case, the landlord and tenant should enter into a Lease Extension Agreement.

A Lease Extension Agreement allows the parties to incorporate the controlling provisions of the original lease. This agreement will set forth the extension terms in writing and avoid any problems and misunderstandings between the parties surrounding the lease extension.

Among others, this form includes the following provisions:
  • Extension of the Lease Term
  • Lease Payments
  • Obligations Under the Lease
  • Binding Effect
This lawyer-prepared packet includes:
  1. Instructions and Checklist
  2. General Information
  3. Lease Extension Agreement for use in India
Law Compliance: This form complies with the laws of the states and territories of India
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.














Lease Extension Agreement
(India)











This Packet Includes:
1. Instructions and Checklist
2. General Information
3. Lease Extension Agreement





Instructions and Checklist
Lease Extension Agreement

   The Landlord and the Tenant must sign the Agreement.

   The Landlord and Tenant must also initial the Agreement where indicated.

   Generally both the Landlord and the Tenant will each want an original, signed copy of the Agreement. Therefore, if there is one Landlord and one Tenant, two original Agreements should be executed (i.e. signed).

   Laws vary from time to time. These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used or signed before first consulting with a lawyer to ensure that it addresses your particular situation. A lawyer should be consulted before negotiating any document with another party.

   The purchase and use of these forms is subject to the “Disclaimers and Terms of Use” found at www.findlegalforms.com




General Information
Lease Extension Agreement

Lease and rental agreements are typically made for a fixed term (e.g. one year).  In most cases, at the end of the lease term, the Landlord and Tenant will either enter a new lease, or the Tenant will vacate the premises.  However, under certain circumstances, both the Landlord and the Tenant may wish to extend the lease past the expiration of the lease term but would rather not enter into an entirely new lease.   In this case, the Landlord and Tenant should enter a lease extension agreement.  This agreement is simply a written record of their agreement to extend the lease term.  By entering into this type of agreement, the parties can avoid many future problems and misunderstandings surrounding the extension.

Before using the form you should always consult with your lawyer to ensure that it addresses your specific situation.





DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer can provide legal advice.  A lawyer should be consulted for all serious legal matters.  No Lawyer-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 




LEASE EXTENSION AGREEMENT


This Lease Extension Agreement (this “Extension”) is entered as of ____________________, 20____ by and between ________________________________________ (“Landlord”) and _____________________ ________________________________________ (“Tenant”).
Landlord and Tenant may collectively be referred to as the “Parties.

WHEREAS, Landlord and Tenant entered into a lease agreement dated _________________ , 20__ regarding the property at __________________________ ____________________________________________________________ (the “Premises”) for a term ending on ___________________________ (the “Lease”); and

WHEREAS, the Parties wish to extend the term of the Lease.

NOW, THEREFORE, the Parties hereby agree as follows:

EXTENSION:  The Lease shall extend and continue for an additional term commencing on _______________________, 20__ and terminating on _______________, 20___ (the “New Term”).  


LEASE PAYMENTS:  During the New Term, Tenant agrees to pay Landlord as rent for the Premises the amount of Rupees _____________________ (Rs,________________) each month, payable on the first day of each month of the New Term.  If the New Term ends on any day other than the last day of the month, the rent will be prorated accordingly.

OBLIGATIONS UNDER THE LEASE:  The Parties agree that all terms, conditions and obligations of the Lease will remain in effect throughout the New Term except for those provisions of the Lease that are directly contradicted by this Extension, in which event the terms of this Extension shall control over the Lease.  

SEVERABILITY: If any part or parts of this Extension shall be held unenforceable for any reason, the remainder of this Extension shall continue in full force and effect. If any provision of this Extension is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed as so limited.

BINDING EFFECT: The covenants and conditions contained in this Extension shall apply to and bind the parties and the heirs, legal representatives, successors and permitted assigns of the Parties.

GOVERNING LAW: This Extension shall be governed by and construed in accordance with the laws of India.






IN WITNESS WHEREOF, the parties have caused this Extension to be executed the day and year first above written.


LANDLORD:               TENANT:            

___________________________________      _________________________________

___________________________________      _________________________________
(Name)                  (Name)
___________________________________      
(Position, if applicable)                  





Number of Pages6
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#34015
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.














Lease Extension Agreement
(India)











This Packet Includes:
1. Instructions and Checklist
2. General Information
3. Lease Extension Agreement





Instructions and Checklist
Lease Extension Agreement

   The Landlord and the Tenant must sign the Agreement.

   The Landlord and Tenant must also initial the Agreement where indicated.

   Generally both the Landlord and the Tenant will each want an original, signed copy of the Agreement. Therefore, if there is one Landlord and one Tenant, two original Agreements should be executed (i.e. signed).

   Laws vary from time to time. These forms are not intended and are not a substitute for legal advice. These forms should only be a starting point for you and should not be used or signed before first consulting with a lawyer to ensure that it addresses your particular situation. A lawyer should be consulted before negotiating any document with another party.

   The purchase and use of these forms is subject to the “Disclaimers and Terms of Use” found at www.findlegalforms.com




General Information
Lease Extension Agreement

Lease and rental agreements are typically made for a fixed term (e.g. one year).  In most cases, at the end of the lease term, the Landlord and Tenant will either enter a new lease, or the Tenant will vacate the premises.  However, under certain circumstances, both the Landlord and the Tenant may wish to extend the lease past the expiration of the lease term but would rather not enter into an entirely new lease.   In this case, the Landlord and Tenant should enter a lease extension agreement.  This agreement is simply a written record of their agreement to extend the lease term.  By entering into this type of agreement, the parties can avoid many future problems and misunderstandings surrounding the extension.

Before using the form you should always consult with your lawyer to ensure that it addresses your specific situation.





DISCLAIMER:

FindLegalForms, Inc. (“FLF”) is not a law firm and does not provide legal advice.  The use of these materials is not a substitute for legal advice. Only a lawyer can provide legal advice.  A lawyer should be consulted for all serious legal matters.  No Lawyer-Client relationship is created by use of these materials.  

THESE MATERIALS ARE PROVIDED “AS-IS.  FLF DOES NOT GIVE ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY, SUITABILITY OR COMPLETENESS FOR ANY OF THE MATERIALS FOR YOUR PARTICULAR NEEDS.  THE MATERIALS ARE USED AT YOUR OWN RISK.  IN NO EVENT WILL:  I) FLF, ITS AGENTS, PARTNERS, OR AFFILIATES; OR II) THE PROVIDERS, AUTHORS OR PUBLISHERS OF ITS MATERIALS, BE RESPONSIBLE OR LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES; LOSS OF USE, DATE OR PROFITS; OR BUSINESS INTERRUPTION) HOWEVER USED AND ON ANY THEORY OF LIABILITY, WHETHER IN CONTRACT, STRICT LIABILITY, OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE) ARISING IN ANY WAY OUT OF THE USE OF THESE MATERIALS. 




LEASE EXTENSION AGREEMENT


This Lease Extension Agreement (this “Extension”) is entered as of ____________________, 20____ by and between ________________________________________ (“Landlord”) and _____________________ ________________________________________ (“Tenant”).
Landlord and Tenant may collectively be referred to as the “Parties.

WHEREAS, Landlord and Tenant entered into a lease agreement dated _________________ , 20__ regarding the property at __________________________ ____________________________________________________________ (the “Premises”) for a term ending on ___________________________ (the “Lease”); and

WHEREAS, the Parties wish to extend the term of the Lease.

NOW, THEREFORE, the Parties hereby agree as follows:

EXTENSION:  The Lease shall extend and continue for an additional term commencing on _______________________, 20__ and terminating on _______________, 20___ (the “New Term”).  


LEASE PAYMENTS:  During the New Term, Tenant agrees to pay Landlord as rent for the Premises the amount of Rupees _____________________ (Rs,________________) each month, payable on the first day of each month of the New Term.  If the New Term ends on any day other than the last day of the month, the rent will be prorated accordingly.

OBLIGATIONS UNDER THE LEASE:  The Parties agree that all terms, conditions and obligations of the Lease will remain in effect throughout the New Term except for those provisions of the Lease that are directly contradicted by this Extension, in which event the terms of this Extension shall control over the Lease.  

SEVERABILITY: If any part or parts of this Extension shall be held unenforceable for any reason, the remainder of this Extension shall continue in full force and effect. If any provision of this Extension is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed as so limited.

BINDING EFFECT: The covenants and conditions contained in this Extension shall apply to and bind the parties and the heirs, legal representatives, successors and permitted assigns of the Parties.

GOVERNING LAW: This Extension shall be governed by and construed in accordance with the laws of India.






IN WITNESS WHEREOF, the parties have caused this Extension to be executed the day and year first above written.


LANDLORD:               TENANT:            

___________________________________      _________________________________

___________________________________      _________________________________
(Name)                  (Name)
___________________________________      
(Position, if applicable)                  





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