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A lease amendment agreement is a short document that amends an original lease. In other words, a lease amendment agreement is used when something needs to be changed in the original lease, or an addition needs to be made.
For example, some tenants may have difficulty paying their rent from time to time. Therefore, some landlords are proposing lease amendments to maintain their tenancy. There is only a little information to include in a lease amendment agreement other than the basics: names and identifying information of the parties, the start date of the amendment, the name of the landlord, etc.
These documents are not more explicit because the original lease is incorporated by reference. This means that all the terms of the original lease are included in the lease amendment agreement, except the explicit clause that has been amended.
How do I use this document?
This Lease Amendment Agreement contains the necessary terms allowing the landlord and tenant to explicitly agree to modify one or several clauses of the lease.
This Lease Amendment Agreement can be used for a residential or commercial lease.
In this document, basic information is listed, such as the identifying information of the parties and the lease. The most important part of this document is the description of the amendment itself. There's an input field in the document to allow for an elaborate or general explanation of the amendment.
Once this document has been completed online, it must be signed. Then, the original lease must be attached before it is sent to the other party. The party sending it must keep a signed copy of the amendment along with the original lease. The amendment is not complete until both parties have signed it.
Similar to General Lease Agreements, rent increases are subject to the laws of each province or territory relating to residential tenancies. It's important to note that the law in some provinces or territories require standard form agreements.
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