Employee Lease Addendum For Rental Arbitrage In Bronx
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For example, the seller of a house may agree – after the original sales contract has been written – to include certain pieces of furniture for an additional specified sum. Mortgage terms or the closing date for the sale are often amended in real estate transactions, with the change noted in an addendum.
An addendum clarifies and adds things 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).
A lease addendum is a document that is added to an existing lease agreement to introduce additional terms, conditions, or provisions without altering the original lease terms.
A lease addendum is a document that is added to an existing lease agreement to introduce additional terms, conditions, or provisions without altering the original lease terms.
An addendum, therefore, adds additional content to contracts, while an amendment deed simply amends the content of the existing document. If you need help with contract amendment by way of an addendum or amendment deed, our experienced contract lawyers can assist as part of our LegalVision membership.
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