Free Lease Amendment Template
Lease Amendment
This Lease Amendment (the "Amendment") is made and entered into as of March 15, 2059 by and between [YOUR COMPANY NAME], (hereinafter referred to as "Landlord"), and Garfield Williams, (hereinafter referred to as "Tenant").
WHEREAS:
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The Landlord and Tenant entered into a Lease Agreement dated January 1, 2055 (the "Lease"), for the property located at [YOUR COMPANY ADDRESS], (hereinafter referred to as "Premises").
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The parties wish to amend the Lease as set forth herein.
NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows:
I. AMENDMENTS TO LEASE TERMS
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TERM MODIFICATION
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The Term of the Lease is hereby amended as follows: The Lease shall be extended and now terminate on December 31, 2065.
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RENTAL AMOUNT
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The monthly rent shall be modified to $2,500.00 effective as of April 1, 2059.
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ADDITIONAL CHANGES
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The Lease is further amended to include the following:
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The Tenant shall be responsible for all utility costs effective April 1, 2059.
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The security deposit shall be increased to $5,000.00, with the additional amount of $1,000.00 due by March 31, 2059.
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II. NO OTHER CHANGES
Except as specifically amended herein, all other terms, conditions, and provisions of the Lease shall remain unchanged and in full force and effect.
III. REPRESENTATIONS AND WARRANTIES
The parties each represent and warrant that they have the requisite authority to execute this Amendment and that all necessary consents and approvals have been obtained.
IV. ENTIRE AGREEMENT
This Amendment constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes any prior agreements or understandings, whether written or oral, regarding the same. This Amendment may only be modified by a written agreement executed by both parties.
V. GOVERNING LAW
This Amendment shall be governed by, and construed in accordance with, the laws of the State of North Carolina, without regard to its conflict of laws principles.
VI. 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. Electronic signatures shall be deemed valid and binding for all purposes.
IN WITNESS WHEREOF, the parties have executed this Lease Amendment as of the date first written above.
LANDLORD:
[YOUR NAME]
Property Manager
TENANT:
Garfield Williams
Tenant
