Free Simple Addendum Template
Simple Addendum
This Addendum is made this 8th day of August, 2054, by and between [Your Name], hereinafter referred to as "Landlord," and the following tenants, hereinafter referred to as "Tenant":
-
John Smith
-
Emily Smith
Property Address:
1234 Elm Street,
Springfield, IL 62701
Lease Agreement Date:
January 1, 2052
Purpose:
This Addendum modifies and supplements the Lease Agreement dated January 1, 2052, between the parties listed above. All other terms and conditions of the original Lease Agreement shall remain in full force and effect, except as expressly modified by this Addendum.
1. Adjustments to Rental Terms
A. Monthly Rent Adjustment
Effective September 1, 2054, the monthly rent for the Property will be adjusted as follows:
|
Current Monthly Rent |
New Monthly Rent |
Effective Date |
|---|---|---|
|
$1,200.00 |
$1,250.00 |
September 1, 2054 |
B. Payment Method
Rent payments will now be made via electronic transfer to the following account:
|
Bank Name |
Account Number |
Routing Number |
Account Type |
|---|---|---|---|
|
First National Bank |
123456789 |
987654321 |
Checking |
2. Lease Duration Extension
A. Extension Term
The Lease Agreement, originally set to terminate on December 31, 2054, is hereby extended for an additional period of 12 months. The new termination date is December 31, 2055.
B. Renewal Option
The tenant is granted the option to renew the Lease Agreement for an additional term of 12 months under the same terms and conditions, subject to written notice provided to the Landlord no later than 60 days before the end of the extended term.
3. Property Maintenance and Repairs
A. Responsibilities
Landlord agrees to address the following maintenance issues by October 1, 2054:
-
Replacement of Kitchen Appliances: The refrigerator and oven will be replaced with new models.
-
Bathroom Repairs: The sink and shower will be repaired to ensure proper functionality.
B. Tenant's Responsibilities
Tenant agrees to maintain the Property in good condition and report any maintenance issues to Landlord within 7 days of discovery.
4. Contact Information
A. Landlord Contact Information
|
Name |
|
Phone Number |
Address |
|---|---|---|---|
|
[Your Name] |
[Your Email] |
[Your Company Number] |
[Your Company Address] |
B. Tenant Contact Information
|
Tenant Name |
|
Phone Number |
|---|---|---|
|
John Smith |
john.smith@email.com |
555-123-4567 |
|
Emily Smith |
emily.smith@email.com |
555-987-6543 |
5. General Provisions
A. Entire Agreement
This Addendum constitutes the entire agreement between the parties with respect to the modifications stated herein. No oral statements or prior written material not specifically incorporated herein shall be of any force and effect.
B. Governing Law
This Addendum shall be governed by and construed in accordance with the laws of the State of Illinois.
C. Execution
This Addendum 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 hereto have executed this Addendum as of the day and year first above written.
Landlord:
[Your Name]
Tenant:
John Smith
Tenant:
Emily Smith
Date:
August 8, 2054
Note: Please review this Addendum carefully and ensure all information is correct before signing. For any questions or clarifications, contact [Your Email] or call [Your Company Number].
