Amended Lease Agreement

State:
Multi-State
Control #:
US-EG-9286
Format:
Word; 
Rich Text
Instant download

Description

The Amended Lease Agreement serves to modify the existing Office Building Lease Agreement between Pennsylvania Dental Service Corporation and Mindspring Enterprises, Inc. This document outlines key changes, including an extension of the lease term and stipulations regarding repairs and responsibilities of the tenant. Specifically, it amends Paragraph 3 to extend the term through April 30, 2000, detailing the associated rental payment structure of $313,800 per year. It also requires the tenant to undertake specific maintenance tasks, such as cleaning the premises, maintaining fire extinguishers, and addressing carpet and wall damages. Additionally, the tenant must ensure the restrooms and stairwells are regularly maintained and is responsible for replacing any damaged ceiling tiles. This form is beneficial for attorneys, partners, and owners, as it clearly delineates obligations and amendments, ensuring compliance with the lease terms. Paralegals and legal assistants will find it useful for preparing documentation or correspondence related to property management and tenant communications. Overall, this document provides a structured approach to lease amendments that helps protect the interests of both parties.
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FAQ

A Lease Amendment is used to modify an existing Lease Agreement between a tenant and landlord by adding or removing clauses, or changing existing clauses. An amendment allows the parties to change the terms without having to sign a new Lease Agreement.

No. Leases are contracts and cannot be changed without the other side agreeing. The only change a landlord can make to a tenancy agreement without the tenant's consent is an increase the rent. A landlord must, however, follow the rules set out in the Residential Tenancies Act for rent increases.

According to California Civil Code Section 827(a), a landlord can change the terms of a tenancy agreement if he does so in writing and if the amount of advance notice equals the length of time between the tenant's rent payments.

No, the lease is a legal contract between a Landlord and Tenant that cannot be altered unilaterally, i.e., by only one party to the contract.

Both parties must agree to the proposed amendments. A lease is a legally binding agreement between a tenant and landlord, therefore it cannot be altered without both parties' consent. Typically, a landlord is more likely than a tenant to propose an amendment to the lease.

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Amended Lease Agreement