Addendum To Lease Removing A Tenant Template for Australia

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Key Requirements PROMPT example:

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."

Document background
The Addendum To Lease Removing A Tenant is a critical document in Australian property management that becomes necessary when one tenant from a multi-tenant lease wishes to depart before the lease term ends. This document is used across all Australian states and territories, though specific requirements may vary by jurisdiction. It serves to formally document the removal of a tenant from the lease agreement, establish the departing tenant's release date, clarify ongoing responsibilities of remaining tenants, and address practical matters such as security deposit arrangements and utility accounts. The addendum ensures legal compliance while protecting the interests of all parties involved - landlords, departing tenants, and remaining tenants. It's particularly important in shared housing situations, student accommodations, and commercial tenancies where tenant compositions may change during the lease term.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Accommodation

Retail Leasing

Industrial Property

Property Investment

Legal Services

Relevant Teams

Legal

Property Management

Leasing

Operations

Compliance

Asset Management

Tenant Relations

Document Administration

Risk Management

Relevant Roles

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

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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