Addendum To Residential Tenancy Agreement
Description
How to fill out Arizona Option To Purchase Addendum To Residential Lease - Lease Or Rent To Own?
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FAQ
An addendum is used to clarify and add things that were not initially part of the original contract or agreement. Think of addendums as additions to the original agreement (for example, adding a deadline where none existed in the original version).
An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document.
A lease addendum is a change to an original lease contract that is agreed upon and signed by both the lessor and the lessee. A lease addendum can include a change in the length of the lease, the payment amount, the payment schedule, as well as any other terms and conditions that both parties agree to.
The addendum is a part of the lease agreement. Therefore, it does not stand on its own. However, the addendum should make references to the lease, contain the same date and name of parties as in the original lease agreement.
