The Lease Extension Addendum is a crucial document used when parties wish to extend an existing lease agreement under German law. It's commonly used in both commercial and residential contexts when the original lease term is approaching its end and parties agree to continue their landlord-tenant relationship. The document must comply with strict German formal requirements, including the written form requirement (Schriftform) under 脗搂550 BGB. It typically includes the extension period, any rent adjustments, and confirmation of continuing terms from the original lease. The addendum is particularly important in the German market where lease relationships are heavily regulated and tenant protections are strong. It serves as a legally binding modification to the original lease while maintaining all other terms and conditions not specifically amended.
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1. Parties: Identification of the landlord and tenant, matching exactly with the original lease agreement
2. Background: Reference to the original lease agreement, including its date and essential terms
3. Definitions: Key terms used in the addendum, particularly those relating to dates and premises
4. Extension Term: Clear specification of the new lease end date and when the extension begins
5. Confirmation of Original Terms: Statement confirming all other terms of the original lease remain in effect
6. Execution: Formal signing section complying with German execution requirements
1. Rent Adjustment: Include if the extension involves any changes to the rent amount
2. Security Deposit Modification: Include if any changes to the security deposit are required for the extension period
3. Maintenance Terms: Include if any specific maintenance or renovation agreements are part of the extension
4. Break Rights: Include if either party has special termination rights during the extension period
5. Modernization Agreements: Include if any property modernization is planned during the extension period
6. Energy Efficiency Declarations: Include if required by current German energy efficiency regulations
1. Schedule 1 - Original Lease: Copy or summary of the original lease agreement being extended
2. Schedule 2 - Updated Floor Plans: Include if there are any changes to the leased space or if original plans need updating
3. Schedule 3 - Rent Schedule: Include if there are stepped rent increases or specific payment terms during the extension
4. Appendix A - Property Condition Report: Updated condition report if required for the extension period
5. Appendix B - Energy Certificate: Current energy efficiency certificate if required under German law
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