Lease Addendum For Additional Space
Description
How to fill out Addendum To Apartment Lease Regarding Drug Free Housing?
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FAQ
A lease extension addendum is a legal document extending a lease between a landlord and a tenant. It can also change conditions such as the rent amount, security deposit, utilities, and other provisions. If no changes are made other than the termination date, all other terms of the original lease will remain in place.
The lease cannot be altered except through another written agreement signed by both parties unless the original lease specifically gives a party the power to change something on their own. For instance, the lease may allow the landlord to change the rules on having animals at any time.
For example, ?This Addendum amends the Agreement dated [DATE] between [PARTY 1 NAME] and [PARTY 2 NAME].? Clear and specific language outlining the changes, clarifications or additions being made. This should leave no ambiguity regarding how the original contract is being modified.
On the other hand, in the civil law systems, addendum means any modification of a contract (for example an extension of the terms, change in payment currency, new collaterals), not just inclusion of additional attachments or exhibits.
Tips for Writing an Effective Addendum Keep the writing transparent and straightforward. Restate the entire paragraph or section that is being altered or modified to make language clear. Seek clear communication between parties before documentation to avoid multiple addendums.
