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A lease extension allows the tenant to prolong the lease beyond its original expiration date. The right to extend must be clearly stated in the lease agreement, with terms usually matching the original lease. The extension should specify that all terms remain the same, to avoid it being considered a new lease. It should include details on rent amount, notice requirements, and confirmation that it is a continuation of the previous lease. The tenant must notify the landlord in writing of their intent to extend within the specified time frame.