A lease amendment is a legal document that is drafted to modify the existing terms of a lease agreement. It will need to reference the section being changed and describe the new terms being added. A lease amendment is not legally binding until both the landlord and tenant have signed it.
A lease amendment is a legal document that is drafted to modify the existing terms of a lease agreement. It will need to reference the section being changed and describe the new terms being added. A lease amendment is not legally binding until both the landlord and tenant have signed it.
PDF DownloadA lease amendment is a legal document that is drafted to modify the existing terms of a lease agreement. It will need to reference the section being changed and describe the new terms being added. A lease amendment is not legally binding until both the landlord and tenant have signed it.
4.9 | 20 Ratings Downloads: 2,382A lease amendment is used when a landlord and tenant decide to change the terms of the original lease. This is common when circumstances change and the landlord needs to raise or lower the rent, permit new tenants, allow pets, or edit a name.
LEASE AMENDMENT
1. THE PARTIES. This Lease Amendment (“Amendment”) made this [DATE] , is by and between:
Landlord: [LANDLORD’S NAME] (“Landlord”) and
Tenant: [TENANT’S NAME] (“Tenant”).
The Landlord and Tenant are each referred to herein as a “Party” and, collectively, as the “Parties.”
2. EXISTING LEASE. The Parties agree to amend a lease signed by both the Landlord and Tenant on [ORIGINAL LEASE DATE] , for the property located at [RENTAL PROPERTY ADDRESS] (“Existing Lease”).
3. AMENDMENTS. The terms of the Existing Lease are amended as follows:
[INSERT THE LEASE AMENDMENTS]
All other portions of the terms and conditions of the Existing Lease shall remain in full force and effect.
4. EXECUTION. This Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date first written above.
Landlord’s Signature: ___________________ Date: ___________
Print Name: ___________________
Tenant’s Signature: ___________________ Date: ___________
Print Name: ___________________