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Lease Renewal Addendum
"I need a Lease Renewal Addendum for my commercial office space in Amsterdam, extending the current lease for 5 years from March 1, 2025, with a 5% rent increase and updated service charge provisions."
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers for legal entities
2. Background: Reference to the original lease agreement, including its date, property details, and current term
3. Definitions: Key terms used in the addendum, including references to defined terms in the original lease agreement
4. Term of Renewal: Specific details of the renewal period, including start and end dates
5. Rent and Payment Terms: Updated rent amount, payment schedule, and any modifications to the payment terms
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 detailing any other terms being modified besides the renewal period and rent, used when additional changes are being made to the original lease
2. Index-Linked Adjustments: Details of any new or modified rent indexation provisions, included when rent indexation terms are being updated
3. Maintenance Agreements: Updated maintenance responsibilities, included when maintenance terms are being modified
4. Security Deposit: Changes to security deposit requirements, included when security arrangements are being modified
5. Property Improvements: Details of any agreed improvements or modifications to the property during the renewal term, included when relevant
6. Early Termination Rights: Any new or modified early termination provisions, included when these rights are being updated
7. Utilities and Services: Changes to utility and service arrangements, included when these terms are being modified
1. Schedule 1 - Updated Rent Calculation: Detailed breakdown of the new rent calculation, including any indexation calculations
2. Schedule 2 - Property Condition Report: Updated assessment of the property condition at the time of renewal
3. Schedule 3 - Modified Building Rules: Any updated building rules or regulations applicable during the renewal term
4. Appendix A - Floor Plans: Current floor plans if there have been any modifications to the leased space
5. Appendix B - Photographic Record: Updated photographs of the property condition at renewal
6. Appendix C - Service Charge Budget: Updated service charge estimates for the renewal period if applicable
Authors
Real Estate
Retail
Office Space
Industrial
Residential Property
Hospitality
Healthcare
Education
Logistics
Manufacturing
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Contract Administration
Finance
Risk Management
Compliance
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Contract Administrator
Asset Manager
Leasing Manager
Real Estate Director
Operations Manager
Commercial Manager
General Counsel
Property Administrator
Building Manager
Real Estate Agent
Portfolio Manager
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