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An Addendum To Residential Tenancy Agreement is a crucial document used in Hong Kong when parties need to modify their existing residential lease without creating an entirely new agreement. This document type is commonly required when circumstances change during a tenancy, such as rent adjustments, lease extensions, or addition of new occupants. It must comply with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance, and should be properly executed and stamped in accordance with local requirements. The addendum serves as a legally binding modification to the original agreement, ensuring that changes are properly documented while maintaining the validity of unchanged terms. It's particularly important in Hong Kong's dynamic property market where lease modifications are common and need to be handled with legal precision.
