Addendum to Lease
ADDENDUM TO LEASE
I. Introduction
This Addendum to Lease is made as of August 9, 2054, and is intended to modify and supplement the terms of the original lease agreement dated January 15, 2051, between [Your Name] ("Landlord") and Emily Smith ("Tenant"). This addendum is executed to address specific changes to the existing lease terms to better accommodate the needs of both parties.
II. Date
|
Addendum Date |
Effective Date |
|---|---|
|
August 9, 2054 |
August 15, 2054 |
III. Parties Involved
|
Landlord |
Tenant |
|---|---|
|
[Your Name] |
Emily Smith |
|
(555) 123-4567 |
(555) 987-6543 |
|
[Your Email] |
IV. Reference to the Original Lease
|
Original Lease Date |
Original Lease Reference |
|---|---|
|
January 15, 2051 |
Lease Agreement for 456 Oak Lane, Apartment 12B, Springfield, IL 62704 |
V. Terms and Conditions
|
Clause |
Original Terms |
Revised Terms |
|---|---|---|
|
Rent Amount |
$1,500 per month |
$1,600 per month |
|
Lease Term |
12 months |
24 months |
|
Security Deposit |
$2,000 |
$2,500 |
|
Maintenance Responsibilities |
Tenant responsible for minor repairs |
Landlord responsible for major repairs |
|
Utility Payments |
Tenant responsible for all utilities |
Landlord will cover water and sewer costs |
|
Parking |
One assigned parking space included |
Two assigned parking spaces included |
VI. Effective Date
|
Effective Date |
|---|
|
August 15, 2054 |
VII. Additional Provisions
-
Pet Policy: Tenant is now permitted to have one pet with a non-refundable pet deposit of $300. Pets must not exceed 25 pounds.
-
Alterations: Tenant must obtain written permission from Landlord before making any alterations to the property. Landlord agrees to allow minor decorative changes, such as painting, with prior approval.
-
Renewal Option: Tenant has the option to renew the lease for an additional 12-month term at a rate to be negotiated three months before the current lease expires.
VIII. Signatures
[Your Name]
Landlord
[DATE SIGNED]
Emily Smith
Tenant
[DATE SIGNED]
This Addendum to the Lease is executed in duplicate, with each party receiving one signed copy. This addendum is to be attached to and considered part of the original lease agreement.
