Fill and Sign the Residential or Rental Lease Extension Agreement Michigan Form

RESIDENTIAL LEASE EXTENSION This Residential Lease Extension (hereinafter “Lease Extension”) is entered into this ___ day of _______________ , 20 ___ , by and between the Lessor: ______________________________ , (hereinafter “Landlord”), and the Lessee(s): __________________________ , __________________________ , __________________________ , and ___________________________ . All Lessees, (hereinafter referred to collectively as “Tenant”), are jointly, severally, and individually bound by, and liable under the terms and conditions of this Residential Lease Extension. For the valuable consideration described below, the sufficiency of which is hereby acknowledged, Landlord and Tenant do hereby covenant, contract and agree as follows: 1. PREVIOUS and/or EXISTING LEASE: Landlord and Tenant entered into a Landlord-Tenant relationship by virtue of a previously executed Lease Agreement, dated _______________ , 20 ___ , (hereinafter “Lease Agreement”), and incorporated herein by reference thereto or by attachment hereto. Term of said Lease Agreement commenced on the ___ day of _______________ , 20 ___ , and will/did expire on the ___ day of _______________ , 20 ___ . The address of the dwelling leased in the prior leases agreement and which is the subject of this Residential Lease Extension is as follows: ___________________________________________________________________ . 2. EXTENSION OF TERM OF LEASE: Landlord and Tenant hereby extend and continue the term and duration of the above described Lease Agreement, and incorporate herein by reference all the terms and conditions of said Lease Agreement. Said Lease Agreement shall continue and extend for an additional term, commencing on the ___ day of _______________ , 20 ___ , and expiring on the ___ day of _______________ , 20 ___ , unless renewed or extended pursuant to the conditions set forth in said Lease Agreement. 3. REVISED RENT PAYMENTS: Tenant agrees to pay rent unto the Landlord during the term of this Lease Extension in equal monthly installments of $ _______________ , said installment for each month being due and payable on or before the 1st day of the month, the first full rent payment under this Lease Extension being due on the 1st day of _______________ , 20 ___ . If applicable, the prorated rent from the commencement of this Lease to the first day of the following month is $ _______________ , which amount shall be paid at the execution of this Lease Extension. All terms and conditions of rent payment, and consequences for untimely payment or non-payment, remain as described in the previous Lease Agreement, referenced and incorporated above. * * * WITNESS THE SIGNATURES OF THE PARTIES: LANDLORD Sign: ____________________________ Print: _____________________________ Date: _____________ Authorized Signature TENANT Sign: ____________________________ Print: _____________________________ Date: _____________ TENANT Sign: ____________________________ Print: _____________________________ Date: _____________ TENANT Sign: ____________________________ Print: _____________________________ Date: _____________ TENANT Sign: ____________________________ Print: _____________________________ Date: _____________