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Get Sample Lease Amendment - Business Finance Group
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How to fill out the Sample Lease Amendment - Business Finance Group online
Completing the Sample Lease Amendment - Business Finance Group is essential for formalizing changes to an existing lease agreement between the landlord and tenant. This step-by-step guide will assist you in filling out each section of the form online, ensuring accuracy and compliance with requirements.
Follow the steps to effectively fill out your lease amendment form.
- Click ‘Get Form’ button to obtain the form and open it in the document editor.
- Begin by entering the date of the lease amendment at the top of the form (_____ day of _______________, 20___). This date will mark when the amendment is being executed.
- Fill in the landlord's name in the designated space (Landlord) and the tenant's name (Tenant) in their respective fields.
- Input the date of the original lease in the appropriate section (____________________________) to reference the agreement that this amendment is modifying.
- Use the blank spaces (1 to 8) to outline any specific changes or conditions being added to the existing lease. Ensure that your amendments are clear and concise.
- Provide the property address in the section marked (the Project Property), specifying the common name and additional details as indicated in Exhibit A.
- Indicate the option to renew the lease, including the additional term lengths by filling in the number of years granted (_______ (_____) year(s)).
- Detail the limits on rent payable under the lease by specifying each category (debt service, taxes, fees, etc.) and filling in the required amounts where indicated.
- Note that any leases with third parties for the Project Property require prior approval from the Business Finance Group.
- Acknowledge that the lease remains subordinate to any deeds of trust or mortgages related to the Project Property.
- Confirm that the tenant agrees to comply with relevant condominium or office/industrial park rules.
- In the case of lease assignment, specify the conditions under which the tenant will become the tenant of any successor-in-interest.
- After completing all sections, review the document for accuracy, then save your changes, download, print, or share the form as needed.
Complete your lease amendment online today to ensure a smooth and professional process.
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.
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