An extending tenancy contract is a formally drafted document which is framed to extend the term or length of a tenancy contract. Such contracts are framed for already running tenancy periods and are generally drafted towards the end of the length of the tenancy. These contracts must consist of all the details of the parties, terms and conditions, important dates, tenancy cost etc. Given below is a sample of one such extending tenancy contract for your reference.
Sample Extending Tenancy Contract
Date of contract signing: 5th May, 2012
This contract has been prepared to register the arrangement between Mr. Hanson Crowley and Mr. Mathew Perry as on 5th May 2012.
This contract states that the involved parties are extending a tenancy contract which was previously signed between them for a period of 1 year. The terms are similar to the previous contract and are recorded in this contract as well.
Details of the Property Owner:
Name: Mr. Hanson Crowley
Contact No.: 295-110-183
Correspondence Address: Apartment No.34, Fickler Building, Manhattan, New York, USA.
Details of the tenant:
Name: Mr. Mathew Perry
Contact No.: 733-029-019
Correspondence Address: 283, C- Block, Ford Square, New York, USA.
Details of the Property:
Location: 3111, 7th and Main, Melvin Pier, New York, USA.
Property Type: Office Space.
Terms of the contract:
- The rent has been revised by 5%, and is to be paid by the 10th of every month.
- 2. The contract does not make any ownership transfers of the property.
- 3. The contract is a legally binding document.
_____________________ (Mr. Hanson Crowley)
_____________________ (Mr. Mathew Perry)