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Lease Amendment To Remove One Tenant
"I need a Lease Amendment To Remove One Tenant from my residential property in Sydney, as one of three current tenants is moving out on March 1, 2025, and I want to ensure the remaining two tenants can continue the lease under the same terms."
1. Parties: Identification of all current parties to the lease including landlord, departing tenant, and remaining tenant(s)
2. Background: Details of the original lease agreement including date, property address, and current tenant configuration
3. Definitions: Key terms used in the amendment including 'Original Lease', 'Effective Date', 'Departing Tenant', 'Remaining Tenant(s)'
4. Amendment: Explicit statement of the removal of the departing tenant from the lease agreement
5. Effective Date: Specification of when the amendment takes effect
6. Continuing Obligations: Confirmation that all other terms of the original lease remain in effect
7. Release of Departing Tenant: Terms of release for the departing tenant from future obligations
8. Remaining Tenant Obligations: Confirmation of remaining tenant(s) continuing responsibilities and liabilities
9. Execution: Signature blocks for all parties including landlord, departing tenant, and remaining tenant(s)
1. Security Deposit Arrangements: Required when there needs to be an adjustment or transfer of security deposit/bond
2. Outstanding Charges: Include when there are existing utilities, rent, or other charges that need to be addressed
3. Keys and Access Devices: Include when there needs to be formal documentation of return of keys/access devices by departing tenant
4. Forwarding Address: Include when requiring departing tenant's forwarding address for future correspondence
5. Condition Report Update: Include when parties wish to document current property condition upon tenant departure
1. Original Lease Agreement: Copy or reference to the original lease agreement being amended
2. Security Deposit Calculation: Breakdown of security deposit/bond arrangements and any adjustments
3. Inventory of Returned Items: List of keys, access cards, or other items returned by departing tenant
4. Consent Forms: Any required statutory forms for tenant removal as required by state legislation
Authors
Premises
Effective Date
Landlord
Departing Tenant
Remaining Tenant
Security Deposit
Amendment
Lease Term
Original Commencement Date
Rent
Bond
Common Areas
Keys and Access Devices
Property Manager
Notice Period
Outstanding Charges
Shared Utilities
Forwarding Address
Original Parties
Remaining Lease Period
Governing Law
Real Estate
Property Management
Residential Housing
Commercial Property
Student Housing
Retail Leasing
Property Investment
Legal Services
Legal
Property Management
Leasing
Operations
Compliance
Asset Management
Customer Service
Administration
Risk Management
Property Manager
Real Estate Agent
Leasing Coordinator
Legal Counsel
Tenancy Administrator
Portfolio Manager
Asset Manager
Lease Administrator
Compliance Officer
Housing Officer
Property Administrator
Facilities Manager
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