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Addendum To Lease
"I need an Addendum to Lease for our commercial property in Brussels, modifying the annual rent to include a 5% increase and updating the payment terms to quarterly advance payments, effective March 1, 2025."
1. Parties: Identification of all parties to the original lease agreement, including full legal names and addresses
2. Background: Reference to the original lease agreement (including date and registration details), reason for modification, and confirmation that parties wish to amend specific terms
3. Definitions: Key terms used in the addendum, including reference to definitions in the original lease that remain applicable
4. Amendments: Clear statement of the specific provisions being modified, referencing original clause numbers and providing new text
5. Effective Date: Specification of when the amendments take effect
6. Confirmation of Other Terms: Statement that all other terms and conditions of the original lease remain unchanged and in full force
7. Entire Agreement: Confirmation that this addendum forms part of the original lease agreement
8. Execution: Signature blocks for all parties and date of signing
1. Recitals: Additional background information when complex circumstances led to the modification
2. Representations and Warranties: Include when modifications involve significant changes to parties' obligations or financial terms
3. Registration Requirements: Include when modifications affect registered terms or require new registration
4. Notices: Include if there are changes to contact details or notice procedures
5. Governing Law: Include if there's a need to reconfirm applicable regional law, especially if property location affects jurisdiction
6. Language: Include for leases in bilingual regions where language requirements need specification
1. Schedule of Amendments: Detailed list of all modifications when changes are numerous or complex
2. Updated Floor Plans: Include if modifications involve changes to the leased space
3. Revised Rent Schedule: Include if rent payment terms are being modified
4. Modified Special Conditions: Include if any special conditions from original lease are being changed
5. Registration Documents: Forms required for registration of the addendum with relevant authorities
Authors
Real Estate
Retail
Commercial Property
Residential Property
Manufacturing
Hospitality
Office Space
Industrial
Healthcare
Education
Logistics
Banking and Financial Services
Legal
Real Estate
Facilities Management
Operations
Administration
Compliance
Property Management
Asset Management
Contract Administration
Corporate Services
Property Manager
Real Estate Manager
Legal Counsel
Contract Manager
Facilities Manager
Commercial Director
Operations Manager
Asset Manager
Leasing Manager
Real Estate Director
Corporate Counsel
Compliance Officer
Administrative Manager
Property Administrator
Real Estate Agent
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