The Lease Renewal Addendum is essential documentation for extending existing lease arrangements under Maltese law. It is typically used when parties wish to continue their landlord-tenant relationship beyond the original lease term, whether for residential or commercial properties. The document must comply with Malta's Civil Code (Chapter 16) and, for residential properties, the Private Residential Leases Act of 2020. This addendum serves multiple purposes: it formally extends the lease period, updates rent and other terms as needed, and maintains legal continuity of the tenancy. The document is particularly important in Malta's current property market, where proper documentation and registration of lease arrangements are strictly regulated. A well-drafted Lease Renewal Addendum helps prevent future disputes by clearly documenting the agreed terms of the extension while ensuring compliance with current legislation.
Lease Renewal Addendum for Malta
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Lease Renewal Addendum
"I need a Lease Renewal Addendum for my Malta residential property in Sliema, extending the current lease for 2 more years from March 2025, with just a 5% rent increase and keeping all other terms the same."
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1. Parties: Identification of the Landlord and Tenant as per the original lease agreement, including their full legal names and addresses
2. Background: Reference to the original lease agreement, including its date of execution, property address, and current expiration date
3. Definitions: Key terms used in the addendum, particularly those referring to the Original Lease Agreement, Renewal Term, and Modified Terms
4. Term of Renewal: Specific details of the renewal period, including start and end dates
5. Rent and Payment Terms: Confirmation or modification of rent amount, payment schedule, and any adjustments for the renewal period
6. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original lease remain in full force and effect
7. Execution: Signature blocks for all parties and date of execution
1. Modified Terms: Section to be included if any terms other than duration and rent are being modified in the renewal
2. Property Inspection: To be included if a new property inspection is required or has been conducted as part of the renewal
3. Security Deposit Adjustment: Include if there are any changes to the security deposit amount or terms
4. Maintenance and Repairs: Include if there are any new agreements regarding maintenance responsibilities
5. Registration Requirements: Include for residential leases requiring registration under the Private Residential Leases Act
6. Early Termination Rights: Include if new or modified early termination rights are being granted
1. Schedule A - Modified Terms: Detailed list of any terms being modified from the original lease
2. Schedule B - Current Property Condition Report: If applicable, documentation of property condition at time of renewal
3. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement for reference
4. Appendix 2 - Proof of Registration: For residential properties, proof of registration with Housing Authority as required by Maltese law
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