A Commercial Lease Agreement involves the lease of a property for business purposes such as a store or office. Commercial leases are 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 Commercial Lease Extension Agreement.

This Commercial Lease Extension Agreement allows the parties to incorporate the controlling provisions of the original lease without signing a brand new lease. It is important that this extension agreement is memorialized in writing. A written extension agreement will be helpful if there are misunderstandings between the parties surrounding the lease extension.

Among others, this Commercial Lease Extension Agreement for Arizona includes the following provisions:

• Parties to the Agreement: Contains the identity of the landlord and tenant and the date the lease is signed;
• Extension of Lease Term: Sets forth the dates of the additional renewal term;
• Revised Rental Payments: Sets out the revised rental payments and when due;
• Signatures: The extension agreement must be signed by both landlord and tenant.

Protect your Rights, your Business and your Property by using our professionally prepared up-to-date forms.

This attorney-prepared packet contains:

1. General Instructions and Checklist
2. Information
3. Commercial Lease Extension Agreement for use in Arizona

State Law Compliance: This form complies with the laws of Arizona