West Virginia Addendums to Shopping Center Lease

State:
Multi-State
Control #:
US-60947
Format:
Word; 
Rich Text
Instant download

Description

This document provides addendums to a shopping center lease. The tenant agrees to pay as an additional charge each month for its proportionate share of the reasonable cost of operation, repair and maintenance of the common area (including, among other costs, those incurred for lighting, water, sewerage, sanitary control, painting, cleaning, paving, removal of snow, ice, trash and garbage, policing, landscaping, repairing, replacing guarding and protecting clothes) which may be incurred by the landlord and five percent (5%) of the foregoing costs to cover the landlord's and administration and supervisory costs.
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FAQ

With a Lease Addendum, a landlord and tenant can add new or update existing lease terms without having to terminate their original agreement and create a new one. A Lease Addendum is also known as a: Tenancy addendum. Lease amendment.

An addendum may include any written item added to an existing piece of writing. The addition often applies to supplemental documentation that changes the initial agreement that forms the original contract.

Using Addenda in a Sentence When to use addenda: Addenda is the plural form of addendum, which means a thing which is added to another thing. For example, The lawyers introduced various addenda to the contract. New discoveries meant that the police had to attach several addenda to the crime report.

What is a Lease Addendum? Lease addenda are separate documents that landlords add to an original lease agreement. Landlords use them to provide additional information that the original lease doesn't cover.

Instead of changing the actual lease agreement, an addendum is a document added that outlines its modifications. Once both parties agree and sign, the addendum should be added to the original lease.

An addendum is additional information added to your pathology report after it was finalized by your pathologist. Most addendums are added to the bottom of the original report. The purpose of an addendum is to communicate additional information which supports the original diagnosis or interpretation.

File a copy of the signed lease agreement with the Office of the County Registrar (known as the County Recorder or Deed Registry in some states) in the county where the rental property resides. The office may charge a nominal filing fee for registration, which you must pay at the time of filing.

Tips for Writing an AddendumEnforceable. Before you write an addendum, you should have an attorney verify it is the correct solution.Formatting. Use the same formatting as the original contract.Language.Title of the Addendum.Date.Specific List of Changes.Concluding Paragraph.Signature Block.More items...?13 July 2020

A written lease agreement must contain:The names and addresses of both parties;The description of the property;The rental amount and reasonable escalation;The frequency of rental payments, i.e. monthly;The amount of the deposit;The lease period;The notice period for termination of contract;More items...

An example of an addendum being used would be if the parties wanted to add something to the original document. For instance, an individual who is purchasing a house may not want to purchase all of the furniture that is being left behind. However, after thinking about it further, he changes his mind.

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West Virginia Addendums to Shopping Center Lease