A First Amendment To Lease is utilized when parties to an existing lease agreement need to modify specific terms without creating an entirely new lease document. This amendment is commonly used in England and Wales to document changes such as rent adjustments, lease term extensions, or modifications to the demised premises. The document must comply with the Law of Property (Miscellaneous Provisions) Act 1989 and other relevant property legislation. It typically includes references to the original lease, specific details of the amendments, and confirmation that other terms remain unchanged. Registration at the Land Registry may be required depending on the nature of the amendments.
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Key Requirements PROMPT example:
First Amendment To Lease
"I need a First Amendment To Lease to extend our current office lease term by 5 years from March 2025 and increase the annual rent by 15%, while keeping all other terms the same."
1. Parties: Identification of landlord and tenant, including registered addresses
2. Background: Reference to original lease and reason for amendment
3. Definitions: Key terms including 'Original Lease', 'Amendment Date', etc.
4. Amendment Details: Specific changes being made to the original lease
5. Confirmation of Other Terms: Statement that all other terms remain unchanged
6. Execution: Signature blocks for all parties
1. Effective Date: Special provision for when amendment takes effect on a different date than signing - used when amendments are to be retrospective or future-dated
2. Guarantor Consent: Consent from any guarantors to the amendment - required when original lease has guarantors
3. Registration Requirements: Provisions regarding registration at Land Registry - needed for registered leases where amendment affects registered particulars
1. Schedule 1 - Original Lease: Copy of the original lease being amended
2. Schedule 2 - Plans: Plans and drawings if amendment involves changes to demised premises
3. Schedule 3 - Authority Documents: Board resolutions or other authority documents for corporate entities
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