Basics of Lease Amendments Lease Amendment is a document, which adds or deletes to the contents of the original rental agreement. For it to take place, both tenant and the landlord need to agree on lease changes. Lease Amendment lets the users modify the terms without having to overhaul, the original contract. It is an excellent way to prolong the relation between a landlord and tenant. It helps to bring clarity of thoughts and practices, which enables better relationships between the parties involved in it. Above all, it allows for changes in an already existing lease contract. These changes can range from deleting parts to adding something new to it. Any part of the contract can have amendments. It helps to bring clarity of thoughts and practices, which enables better relationships between the parties involved in it. Above all, it allows for changes in an already existing lease contract. These changes can …show more content…
A Lease Amendment can have other names such as Lease Addendum, Lease Amendment Form and Addendum to Lease. Uses of Lease Amendments There are several uses for Lease Amendment, whether you are a landlord or a tenant. An owner can use it to make specific changes to an existing lease. If it's a tenant who wants to make some changes to the original contract, then they too can use a Lease Amendment. Once both landlord and tenant finalize the changes, they can formalize the new agreement. A Lease Amendment is a record in writing. It will come handy in times of dispute. It is good for anyone to write down amendments to lease agreement and finalize it with signatures from all parties involved. Where to find