Term Adjustment
Specify the new commencement and termination dates and whether the extension is the final term or renewable.
A clear extension avoids disputes about tenancy length, rent changes, and obligations while saving time compared with drafting a full new lease. Using a formal amendment creates an auditable record that can be retained for legal and tax purposes and supports electronic execution in jurisdictions that accept e-signatures.
Common users include property managers, independent landlords, tenants, and leasing attorneys who need a concise record of an extended term.
Each party should confirm authority to bind the property owner or tenant and verify signatory names match government-issued IDs before signing.
The landlord or an authorized property manager signs to confirm acceptance of the extended term and any rent or condition changes. If a management company signs, include company name and the signer's title to show authority and avoid later disputes.
The tenant signs to accept the extension and any new obligations. For multi-tenant leases, ensure all named tenants on the original lease sign the extension to maintain enforceability against each occupant.
Specify the new commencement and termination dates and whether the extension is the final term or renewable.
State the rent amount, due dates, late fees, and whether utilities or other charges change during the extension.
Confirm whether deposit terms change or if additional deposits are required.
Clarify responsibilities for maintenance, repairs, and alterations during the extension period.
Reiterate default events, cure periods, and remedies to avoid disagreement over enforcement.
State that the extension amends but does not replace the original lease except as expressly modified.
| Field | Configuration |
|---|---|
| Document Upload | PDF or DOCX; use the original lease reference |
| Signer Order | Landlord first, tenant second, or simultaneous as agreed |
| Authentication | Email plus SMS code for added signer attribution |
| Completion Record | Enable audit trail with timestamps and IP addresses |
Choose a platform that supports PDF/DOCX, audit trails, and the authentication level needed for your transaction.
Confirm the provider supports ESIGN/UETA compliance and, if applicable, a HIPAA BAA or notarization workflow before executing sensitive or regulated agreements.
Date extension begins (MM/DD/YYYY)
Check original lease for required notice windows
Provide required local notice before effective date
Update within statutory timeframe if deposit changes
Retain executed amendment per retention rules
Parties agree to key terms and any rent change.
Prepare the extension referencing the original lease.
Both parties sign; notarize if state or lease requires.
Store executed copy with original lease records.
| Criteria | Lease Extension | New Lease |
|---|---|---|
| Execution method | amendment to original | full re-execution |
| Notarization | usually not required | sometimes required |
| Recording | rarely recorded | may be recorded |
| Scope of changes | limited adjustments | full term redefinition |
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | Yes, 7-day free trial | Varies by vendor | Varies by vendor | Varies by vendor | Varies by vendor |
| Bulk Send | Yes (Business Premium) | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes (BAA available) | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies | Varies | Varies |
A manager extended twenty leases to avoid seasonal vacancies
A landlord and tenant agreed to a six-month extension during renovations