Lease Extension Agreement (Australia)

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This Lease Extension Agreement is created for use in Australia. This legal form is available for immediate download.

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A lease agreement is typically made for a fixed term. In most cases, at the end of the lease term, the landlord and tenant will either enter a new lease or the tenant will vacate the premises. Under certain circumstances the parties may wish to extend the lease past the expiration date but not enter into an entirely new lease. In this case, the landlord and tenant should enter into a Lease Extension Agreement.

A Lease Extension Agreement allows the parties to incorporate the controlling provisions of the original lease. This agreement will set forth the extension terms in writing and avoid any problems and misunderstandings between the parties surrounding the lease extension.

Among others, this form includes the following provisions:
  • Extension of the Lease Term
  • Lease Payments
  • Obligations Under the Lease
  • Binding Effect
This lawyer-prepared packet includes:
  1. Instructions and Checklist
  2. General Information
  3. Lease Extension Agreement for use in Australia
Law Compliance: This form complies with the state and territory laws of Australia
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Lease Extension Agreement
(Australia)

 

 
 
This Lease Extension Agreement (this “Extension”) is entered as of ____________________, 20____ by and between ________________________________________ (“Landlord”) and _____________________ ________________________________________ (“Tenant”).
Landlord and Tenant may collectively be referred to as the “Parties.
 
WHEREAS, Landlord and Tenant entered into a lease agreement dated _________________, 20__ regarding the property at __________________________ ____________________________________________________________ (the “Premises”) for a term ending on ___________________________ (the “Lease”); and
 
WHEREAS, the Parties wish to extend the term of the Lease.
 
NOW, THEREFORE, the Parties hereby agree as follows:
 
EXTENSION:  The Lease shall extend and continue for an additional term commencing on _______________________, 20__ and terminating on _______________, 20___ (the “New Term”).  
 
 
LEASE PAYMENTS:  During the New Term, Tenant agrees to pay Landlord as rent for the Premises the amount of Australian Dollars _____________________ (AUD________________) each month, payable on the first day of each month of the New Term.  If the New Term ends on any day other than the last day of the month, the rent will be prorated accordingly.
 
OBLIGATIONS UNDER THE LEASE:  The Parties agree that all terms, conditions and obligations of the Lease will remain in effect throughout the New Term except for those provisions of the Lease that are directly contradicted by this Extension, in which event the terms of this Extension shall control over the Lease.  
 
SEVERABILITY: If any part or parts of this Extension shall be held unenforceable for any reason, the remainder of this Extension shall continue in full force and effect. If any provision of this Extension is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed as so limited.
 
BINDING EFFECT: The covenants and conditions contained in this Extension shall apply to and bind the parties and the heirs, legal representatives, successors and permitted assigns of the Parties.
 
GOVERNING LAW: This Extension shall be governed by and construed in accordance with the laws of the State of __________________________________________.
 
 
 
 
 
 
IN WITNESS WHEREOF, the parties have caused this Extension to be executed the day and year first above written.
 
 
LANDLORD:               TENANT:            
 
___________________________________      _________________________________
 
___________________________________      _________________________________
(Name)                  (Name)
___________________________________      
(Position, if applicable)                  
 
 
 
 
 
Number of Pages6
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#34013
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Lease Extension Agreement
(Australia)

 

 
 
This Lease Extension Agreement (this “Extension”) is entered as of ____________________, 20____ by and between ________________________________________ (“Landlord”) and _____________________ ________________________________________ (“Tenant”).
Landlord and Tenant may collectively be referred to as the “Parties.
 
WHEREAS, Landlord and Tenant entered into a lease agreement dated _________________, 20__ regarding the property at __________________________ ____________________________________________________________ (the “Premises”) for a term ending on ___________________________ (the “Lease”); and
 
WHEREAS, the Parties wish to extend the term of the Lease.
 
NOW, THEREFORE, the Parties hereby agree as follows:
 
EXTENSION:  The Lease shall extend and continue for an additional term commencing on _______________________, 20__ and terminating on _______________, 20___ (the “New Term”).  
 
 
LEASE PAYMENTS:  During the New Term, Tenant agrees to pay Landlord as rent for the Premises the amount of Australian Dollars _____________________ (AUD________________) each month, payable on the first day of each month of the New Term.  If the New Term ends on any day other than the last day of the month, the rent will be prorated accordingly.
 
OBLIGATIONS UNDER THE LEASE:  The Parties agree that all terms, conditions and obligations of the Lease will remain in effect throughout the New Term except for those provisions of the Lease that are directly contradicted by this Extension, in which event the terms of this Extension shall control over the Lease.  
 
SEVERABILITY: If any part or parts of this Extension shall be held unenforceable for any reason, the remainder of this Extension shall continue in full force and effect. If any provision of this Extension is deemed invalid or unenforceable by any court of competent jurisdiction, and if limiting such provision would make the provision valid, then such provision shall be deemed to be construed as so limited.
 
BINDING EFFECT: The covenants and conditions contained in this Extension shall apply to and bind the parties and the heirs, legal representatives, successors and permitted assigns of the Parties.
 
GOVERNING LAW: This Extension shall be governed by and construed in accordance with the laws of the State of __________________________________________.
 
 
 
 
 
 
IN WITNESS WHEREOF, the parties have caused this Extension to be executed the day and year first above written.
 
 
LANDLORD:               TENANT:            
 
___________________________________      _________________________________
 
___________________________________      _________________________________
(Name)                  (Name)
___________________________________      
(Position, if applicable)                  
 
 
 
 
 
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