The Addendum To Lease Agreement is a crucial document used in Canadian real estate transactions when parties need to modify their existing lease arrangement without creating an entirely new agreement. It's commonly used when circumstances change during a lease term, such as rent adjustments, property modifications, or changes in occupancy terms. The document must align with provincial tenancy laws, which vary across Canadian provinces and territories, and should clearly reference the original lease agreement it modifies. This addendum is particularly valuable for maintaining legal clarity while implementing changes, as it preserves the original lease's validity while incorporating necessary modifications. It's essential for both residential and commercial leases and requires careful drafting to ensure compliance with local regulations and maintain enforceability.
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1. Parties: Identification of all parties to the original lease agreement and this addendum, including full legal names and addresses
2. Background: Reference to the original lease agreement including its date, parties, and property description, and brief context for the addendum
3. Definitions: Key terms used in the addendum, particularly any new terms not defined in the original lease
4. Reference to Original Lease: Specific clause confirming this document as an addendum to the original lease and its binding nature
5. Modifications: Clear statement of each modification to the original lease, with reference to specific sections being modified
6. Effective Date: The date when the modifications take effect
7. Original Lease Confirmation: Statement confirming all other terms of the original lease remain in full force and effect
8. Signatures: Execution section for all parties to sign and date the addendum
1. Rent Modification: Used when the addendum involves changes to rent amount, payment terms, or related financial matters
2. Term Extension: Used when modifying the duration of the lease
3. Property Modifications: Used when addressing changes to the property or permitted modifications by either party
4. Additional Occupants: Used when adding or removing authorized occupants from the lease
5. Pet Provisions: Used when modifying pet-related terms and conditions
6. Parking Provisions: Used when modifying parking arrangements or terms
7. Insurance Requirements: Used when changing insurance obligations of either party
8. Utilities and Services: Used when modifying responsibility for utilities or services
1. Schedule A - Modified Rent Schedule: Detailed breakdown of new rent amounts and payment schedules, if applicable
2. Schedule B - Property Modifications: Detailed plans or specifications for approved property modifications
3. Schedule C - Updated Floor Plan: Modified floor plan if there are changes to the leased space
4. Appendix 1 - Consent Forms: Any required third-party consent forms (e.g., mortgagee consent)
5. Appendix 2 - Supporting Documentation: Any relevant supporting documents referenced in the addendum
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