The Addendum To Lease Rental Agreement is utilized when parties need to modify an existing lease without creating an entirely new contract. Common situations requiring this document include rent adjustments, lease term extensions, addition of new tenants, or modifications to property use terms. Under U.S. law, the addendum must clearly reference the original lease and be signed by all parties to be legally enforceable. It's particularly important in situations where temporary or permanent changes to the original lease terms are needed, but a complete lease renewal isn't necessary or desired.
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1. Parties: Identifies all parties to the addendum, matching those on the original lease
2. Background: References the original lease agreement including date and parties
3. Definitions: Defines key terms used in the addendum
4. Purpose of Modification: Clearly states the reason for the addendum
5. Modified Terms: Details the specific changes or additions to the original lease
6. Effect on Original Agreement: States that all other terms of the original lease remain in effect
7. Execution: Signature block for all parties
1. Rent Modification: Section detailing changes to rent amount or payment terms, including new payment schedules and effective dates
2. Term Extension: Section specifying changes to lease duration, including new end dates and any modified notice periods
3. Additional Occupants: Section adding new tenants to the lease, including their rights and obligations
4. Pet Addendum: Section modifying pet policies, including any new restrictions or permissions
5. Property Modifications: Section detailing authorized changes to property use or improvements
1. Schedule A - Modified Payment Terms: Detailed breakdown of new payment structure and schedule
2. Schedule B - Property Modifications: Specifications and requirements for approved property changes
3. Schedule C - Additional Occupant Information: Details and background information of new occupants being added to the lease
4. Appendix 1 - Supporting Documentation: Compilation of relevant supporting documents such as pet records, modification plans, or payment schedules
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