The Extend Lease Agreement is a crucial document used when parties wish to continue their existing lease relationship beyond the original term under Dutch law. This document is typically employed when both landlord and tenant are satisfied with their arrangement but need to formalize the continuation of their relationship, potentially with updated terms. It references the original lease agreement while incorporating any necessary modifications to rent, duration, or other terms. The document must comply with Dutch Civil Code requirements and may be used for both residential and commercial properties. It provides legal certainty for both parties while avoiding the need to draft an entirely new lease agreement. The extension agreement can be particularly valuable in maintaining business continuity, securing long-term tenancy arrangements, and adapting to changing market conditions or party requirements.
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1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers for companies
2. Background: Reference to the original lease agreement, its date, property details, and reason for extension
3. Definitions: Key terms used in the agreement, incorporating definitions from the original lease and any new terms
4. Extension Term: Specific details of the extension period, including start and end dates
5. Rent and Payment Terms: Updated rent amount, payment schedule, and any agreed adjustments
6. Confirmation of Other Terms: Statement confirming which original lease terms remain in effect
7. Modifications: Clear listing of any terms from the original lease that are being modified
8. Signatures: Execution block for all parties to sign, including date and place of signing
1. Index-Linked Adjustments: Include when rent adjustments will be tied to specific indices during the extension period
2. Maintenance Modifications: Include when there are changes to maintenance responsibilities
3. Security Deposit Update: Include when there are changes to the security deposit arrangement
4. Break Clause: Include when parties agree to early termination provisions
5. Property Improvements: Include when tenant is permitted to make specific modifications to the property
6. Subletting Provisions: Include when subletting terms are being modified or specifically addressed
7. Green Lease Provisions: Include when incorporating sustainability requirements or energy efficiency agreements
1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement being extended
2. Schedule 2 - Property Description: Updated description of the property including any modifications since original lease
3. Schedule 3 - Rent Calculation: Detailed breakdown of rent calculations and scheduled increases
4. Schedule 4 - Condition Report: Current condition of the property at time of extension
5. Schedule 5 - Energy Performance Certificate: Updated energy performance certificate if required
6. Appendix A - Building Rules: Updated building rules and regulations if applicable
7. Appendix B - Maintenance Schedule: Updated maintenance responsibilities and schedules if modified
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