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Addendum To Lease Removing A Tenant
"I need an Addendum to Lease Removing a Tenant for my residential property in Sydney, where one tenant from a group of three is moving out on March 15, 2025, and the remaining two tenants will continue the lease as normal."
1. Parties: Identification of all parties including landlord/lessor, remaining tenant(s), and departing tenant(s)
2. Background: Reference to the original lease agreement including date, property address, and current tenants
3. Definitions: Key terms used in the addendum including 'Original Lease', 'Departure Date', 'Remaining Tenant(s)', 'Departing Tenant(s)'
4. Purpose: Clear statement that this addendum removes specified tenant(s) from the lease
5. Effective Date: The date when the tenant removal becomes effective
6. Release of Departing Tenant: Terms of release including obligations and liabilities
7. Continuing Obligations: Confirmation of remaining tenants' continued obligations under the original lease
8. Original Lease Terms: Confirmation that all other terms of the original lease remain unchanged
9. Execution: Signature blocks for all parties including witnesses if required
1. Security Deposit Arrangements: Used when there needs to be a modification to the existing security deposit arrangement
2. Utility Accounts: Used when utility accounts need to be transferred or modified
3. Rent Adjustment: Used if there will be any changes to rent amount or payment arrangements
4. Keys and Access Devices: Used when there are specific arrangements for returning keys or access devices
5. Outstanding Payments: Used when there are any outstanding payments or bills to be addressed
6. Property Condition: Used when specific damage or condition issues need to be documented
1. Schedule A - Original Lease Details: Copy or summary of key details from the original lease agreement
2. Schedule B - Security Deposit Calculation: Detailed breakdown of security deposit adjustments if applicable
3. Schedule C - Outstanding Obligations: List of any outstanding obligations or payments to be resolved
4. Appendix 1 - Consent Forms: Any required consent forms from remaining tenants or guarantors
Authors
Original Lease
Original Lease Date
Premises
Landlord
Property Manager
Departing Tenant
Remaining Tenant(s)
Effective Date
Departure Date
Security Deposit
Lease Term
Rent
Common Areas
Utilities
Outstanding Obligations
Original Guarantor
Keys and Access Devices
Existing Tenancy Agreement
Property
Business Day
Consent
Release Date
Real Estate
Property Management
Residential Housing
Commercial Property
Student Accommodation
Retail Leasing
Industrial Property
Property Investment
Legal Services
Legal
Property Management
Leasing
Operations
Compliance
Asset Management
Tenant Relations
Document Administration
Risk Management
Property Manager
Leasing Agent
Real Estate Agent
Property Management Coordinator
Tenancy Manager
Legal Counsel
Lease Administrator
Asset Manager
Facility Manager
Operations Manager
Compliance Officer
Property Portfolio Manager
Residential Leasing Specialist
Tenant Relations Manager
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