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An Addendum To Lease Agreement Month To Month is utilized when parties to an existing lease agreement wish to transition from a fixed-term arrangement to a more flexible month-to-month tenancy. This document is particularly relevant in South Africa where it must comply with the Rental Housing Act and related legislation. It's commonly used when the original lease expires but parties wish to continue the rental relationship with greater flexibility, when circumstances require shorter commitment periods, or during property sale negotiations. The addendum maintains most terms of the original lease while modifying the duration and notice periods. It includes essential provisions for rental payments, termination notices, and other specific terms relevant to periodic tenancies under South African law. This document type is crucial for both residential and commercial properties, providing legal protection while offering flexibility to both landlords and tenants.
