The Addendum To Commercial Lease Agreement Template is essential when parties need to modify their existing commercial lease without creating an entirely new agreement. This document is commonly used across the United States when circumstances require changes to rent, term length, space configuration, or other lease provisions. It must reference the original lease and clearly outline specific modifications while ensuring compliance with both federal and state property laws. The addendum becomes part of the original lease document and carries the same legal weight once properly executed.
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1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Reference to original lease agreement including date and parties
3. Definitions: Key terms used in the addendum
4. Modifications: Specific changes being made to the original lease
5. Ratification: Statement that all other terms of original lease remain unchanged
6. Execution: Signature blocks and date of addendum
1. Rent Modification: Include when rent amount or payment terms are being modified
2. Term Extension: Include when lease term is being extended or modified
3. Space Modification: Include when leased space is being altered
4. Use Clause Modification: Include when changing allowed uses of property
1. Floor Plan: Updated floor plan showing modified premises
2. Rent Schedule: Updated rent payment schedule
3. Property Modifications: Details of approved alterations or improvements
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