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Amendment To Commercial Lease Agreement

Amendment To Commercial Lease Agreement Template for Ireland

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Key Requirements PROMPT example:

Amendment To Commercial Lease Agreement

"I need an Amendment to Commercial Lease Agreement to extend our current retail lease term by 5 years from March 1, 2025, with an option to renew for an additional 3 years, and include provisions for quarterly rent reviews."

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Document background
An Amendment To Commercial Lease Agreement is a crucial document used when parties to an existing commercial lease in Ireland need to modify specific terms without creating an entirely new lease agreement. This document type is commonly required when circumstances change during a lease term, such as adjustments to rent, modifications to the premises, changes in use, or updates to service charge arrangements. It must comply with Irish property law and commercial leasing regulations, including the Landlord and Tenant (Amendment) Act 1980 and the Land and Conveyancing Law Reform Act 2009. The amendment should clearly reference the original lease, specify exactly which terms are being modified, and confirm that all other terms remain unchanged. This document is particularly important for maintaining legal clarity and protecting both landlord and tenant interests while implementing agreed changes to their commercial relationship.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant as named in the original lease, including their current addresses and any corporate details

2. Background: Recitals identifying the original lease, its date, and any previous amendments, plus the parties' desire to amend specific terms

3. Definitions: Key terms used in the amendment, including 'Original Lease', 'Effective Date', and any new defined terms specific to the amendment

4. Interpretation: Confirms that terms from the original lease retain their meaning unless specifically modified

5. Amendment Details: Specific modifications to the original lease, clearly stating both the original and new provisions

6. Effective Date: Specifies when the amendments take effect

7. Confirmation of Other Terms: Confirms that all other terms of the original lease remain unchanged and in full force and effect

8. Governing Law: Confirms Irish law as governing law of the amendment

9. Counterparts: Provision for execution in counterparts if required

10. Execution: Signature blocks for all parties

Optional Sections

1. Consent of Guarantor: Required if the original lease includes a guarantor who needs to consent to the amendments

2. Landlord's Works: Include if amendments involve physical alterations to be carried out by the landlord

3. Tenant's Works: Include if amendments involve physical alterations to be carried out by the tenant

4. Rent Review Modifications: Include if amendments affect rent review provisions

5. Service Charge Amendments: Include if amendments affect service charge calculations or provisions

6. Insurance Provisions: Include if amendments affect insurance obligations

7. Registration: Include if the amendment requires registration with the Property Registration Authority

8. VAT Provisions: Include if amendments have VAT implications

Suggested Schedules

1. Schedule 1 - Original Lease: Copy or summary of the original lease being amended

2. Schedule 2 - Plan: If amendments affect the demised premises, include updated plans showing changes

3. Schedule 3 - Conditions Precedent: List of any conditions that must be satisfied before amendments take effect

4. Appendix A - Landlord's Consent: Any required superior landlord or mortgagee consent documents

5. Appendix B - Modified Lease Clauses: Clean copy of all amended clauses in their final form

6. Appendix C - Supporting Documents: Any relevant certificates, permits, or other documents required for the amendments

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

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Property Manager

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