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Commercial Lease Amendment
"I need a Commercial Lease Amendment to extend our retail store lease at 123 Business Street, Melbourne for an additional 5 years from March 2025, with a 10% increase in the annual rent and updated maintenance responsibilities."
1. Parties: Identifies all parties to the amendment, including their legal names and addresses
2. Background: Recitals identifying the original lease, its date, and the reason for amendment
3. Definitions: Defines key terms used in the amendment and incorporates definitions from original lease
4. Interpretation: Rules for interpreting the amendment document and its relationship to the original lease
5. Amendment Details: Specific modifications to the original lease, clearly stating what is being changed
6. Effective Date: When the amendments take effect
7. Confirmation: Confirms that all other terms of the original lease remain unchanged
8. Costs: Specifies who bears the costs of preparing and executing the amendment
9. Governing Law: Confirms the jurisdiction governing the amendment
10. Execution: Formal execution block for all parties to sign
1. Rent Modification: Required if the amendment changes rent amounts or payment terms
2. Premises Changes: Required if the amendment modifies the leased area or permitted use
3. Term Extension: Required if the amendment changes the lease duration or option periods
4. Security Deposit Adjustment: Required if security deposit or bank guarantee terms are modified
5. Outgoings Amendments: Required if changing the outgoings or operating expenses arrangements
6. Works Provisions: Required if the amendment involves alterations or improvements to the premises
7. GST Provisions: Required if GST treatment needs specific amendment
8. Insurance Modifications: Required if insurance requirements are being changed
1. Schedule 1 - Original Lease: Copy or summary of the original lease being amended
2. Schedule 2 - Modified Terms: Detailed listing of specific clauses being modified, showing both original and new text
3. Schedule 3 - Updated Premises Plan: Required if there are any changes to the leased area
4. Schedule 4 - Special Conditions: Any special or unique conditions applying to the amendment
5. Appendix A - Supporting Documents: Any relevant supporting documentation such as building approvals or certificates
6. Appendix B - Condition Report: Updated condition report if premises modifications are involved
Authors
Amendment
Business Day
Commencement Date
Common Areas
Effective Date
Existing Lease
GST
Initial Term
Landlord
Lease
Modified Provisions
Modified Rent
New Expiry Date
Original Lease
Outgoings
Parties
Permitted Use
Premises
Relevant Authority
Remaining Provisions
Rent
Security Deposit
Tenant
Term
Variation
Amendment
Rent Adjustment
Term Extension
Premises Modification
Permitted Use
Operating Expenses
Insurance
Maintenance and Repairs
Assignment and Subletting
Security Deposit
Bank Guarantee
Default and Remedies
Notice
Governing Law
GST
Costs
Registration
Further Assurance
Entire Agreement
Severability
Waiver
Counterparts
Authority
Confirmation
Real Estate
Retail
Commercial Property
Hospitality
Professional Services
Healthcare
Manufacturing
Warehouse and Logistics
Technology
Financial Services
Legal
Real Estate
Property Management
Operations
Finance
Facilities
Procurement
Risk Management
Compliance
Corporate Services
Property Manager
Commercial Lease Manager
Facilities Manager
Real Estate Manager
Legal Counsel
Contract Administrator
Commercial Property Lawyer
Tenant Representative
Asset Manager
Operations Manager
Chief Financial Officer
Business Owner
Commercial Director
Property Portfolio Manager
Lease Administrator
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