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Lease Addendum Template
"I need a Lease Addendum Template for modifying a commercial office lease in Sydney to add two additional parking spaces and adjust the monthly rent starting from March 1, 2025."
1. Parties: Identification of all parties to the original lease agreement and this addendum
2. Background: Reference to the original lease agreement, including its date and key details, and the reason for this addendum
3. Definitions: Key terms used in the addendum, including references to defined terms in the original lease
4. Original Lease Reference: Specific clauses or sections of the original lease that are being modified or supplemented
5. Modifications: Clear statement of the changes being made to the original lease
6. Effect on Original Lease: Statement confirming that all other terms of the original lease remain in full force and effect
7. Effective Date: When the modifications take effect
8. Integration: Statement that the addendum forms part of the original lease
9. Execution: Signature blocks for all parties and witnesses if required
1. Rent Adjustment: Used when the addendum modifies rental amounts or payment terms
2. Term Extension: Used when modifying the lease duration
3. Use of Premises: Used when changing permitted uses of the leased property
4. Additional Occupants: Used when adding or removing authorized occupants
5. Property Modifications: Used when allowing or documenting changes to the physical property
6. Insurance Requirements: Used when modifying insurance obligations
7. Maintenance Responsibilities: Used when changing maintenance or repair obligations
8. Pet Provisions: Used when modifying pet policies
9. Parking Arrangements: Used when changing parking rights or restrictions
1. Schedule A - Modified Terms: Detailed listing of specific lease terms being modified
2. Schedule B - Floor Plans: Updated floor plans or property layouts if relevant to the modifications
3. Schedule C - Fee Schedule: Updated fees, charges, or rent calculations if modified
4. Schedule D - Property Condition Report: Updated condition report if modifications affect the property
5. Appendix 1 - Supporting Documents: Any additional documentation supporting the modifications
6. Appendix 2 - Regulatory Compliance: Documents demonstrating compliance with relevant regulations for the modifications
Authors
Original Lease
Effective Date
Premises
Lessor
Lessee
Modified Terms
Base Lease
Commencement Date
Modification Period
Existing Terms
Permitted Use
Rent
Additional Rent
Security Deposit
Common Areas
Building
Term
Extended Term
Parties
Property Manager
Improvements
Outgoings
GST
Business Day
Force Majeure
Guarantor
Licensed Area
Occupancy Costs
Operating Expenses
Recitals
Definitions
Amendments
Effective Date
Rent Modification
Term Extension
Property Use
Maintenance
Insurance
Utilities
Access Rights
Occupancy
Property Modifications
Assignment and Subletting
Security Deposit
Notices
Integration
Governing Law
Severability
Entire Agreement
Counterparts
Execution
Compliance with Laws
Ratification
Real Estate
Commercial Property
Residential Property
Retail
Industrial
Office Space
Healthcare
Education
Hospitality
Warehousing
Manufacturing
Legal
Property Management
Real Estate Operations
Compliance
Facilities Management
Asset Management
Contract Administration
Risk Management
Operations
Property Manager
Legal Counsel
Real Estate Agent
Lease Administrator
Property Management Director
Commercial Property Manager
Tenancy Coordinator
Asset Manager
Facilities Manager
Compliance Officer
Real Estate Operations Manager
Contract Administrator
Property Portfolio Manager
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