Read About Lease Addendum Here!
Want to know the meaning of the lease addendum? A lease addendum is a document that is added to a lease agreement in order to modify the terms of the agreement. Addenda are commonly used to make changes to things like the length of the lease, the rental amount, or the pet policy. In some cases, an addendum may be used to add new clauses to the agreement, such as a clause specifying that the tenant is responsible for paying for utilities. While addenda can be beneficial for both landlords and tenants, it is important to remember that any changes made to the agreement must be signed by both parties in order to be valid. This ensures that both parties are aware of and agree to the new terms of the lease.
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