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Lease Extension Agreement

Thisextensionmadethisdate,____________________________________________________,byandbetween __________________________________________________________________________________,asOwner, and,____________________________________________________________________________,asResident. Thepartiesherebyhavepreviouslyenteredintoaleaseregardingthepremiseslocatedat: ____________________________________.Thetermofthatleaseexpireson ___________________________. Thetermoftheleaseshallnowbeextendedasfollows: TherentalduringtheextendedtermshallbebytheResident'schoice(pleasecheckone):

® Iwishtoextendtheleasefor36 monthswithamonthlyrentalrateof$ _________________________ ® Iwishtoextendtheleasefor24 monthswithamonthlyrentalrateof$ _________________________ ® Iwishtoextendtheleasefor12 monthswithamonthlyrentalrateof$ _________________________ ® Iwishtoextendtheleasefor6 monthswithamonthlyrentalrateof$ __________________________

Rent will he due in advance of the first day of each month of the extended term.

Pleasenote:Residentpaysahigherrentalrateforflexibilityofhavingashortertermandpaysalowerrentalrate foragreeingtostayforalongerterm.IftheResidentvacatessoonerthanthetimeperiodagreedtobelow,Resident agreestopayaleasecancellationfeeof$__________________________. 1. Uponexecutionhereof,theLeaseExtensionAgreement,thisaddendumshallbecomeanintegralpartof thelease. 2. Allothertermsandprovisionsoftheleaseshallremaininfullforceandeffect. Resident'ssignature: _________________________________________ Owner's/Manager'ssignature: _________________________________ Date: ________________________ Date: ________________________

SAMPLE

expirationdateofleaseasnotedabove,pleasecheckhereandsignbelow. Resident'ssignature: _________________________________________ Owner's/Manager'ssignature: _________________________________

® IfResidentwillnotrenewtheexistingleaseonpremisesnotedaboveandwillvacatethepropertyonorbefore

Date: ________________________ Date: ________________________

WIA2301 v1 11/07

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