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Addendum To Rental Agreement
"I need an Addendum to Rental Agreement for a commercial property in Hong Kong to increase the monthly rent by 15% and extend the lease term for an additional two years starting from March 1, 2025."
1. Parties: Identification of the landlord and tenant as named in the original rental agreement
2. Background: Reference to the original rental agreement including its date, parties, and property details
3. Definitions: Key terms used in the addendum, particularly those that differ from or add to the original agreement
4. Amendment Details: Specific modifications being made to the original agreement, clearly stating what is being changed
5. Effect on Original Agreement: Statement that all other terms of the original agreement remain in full force and effect
6. Effective Date: When the modifications take effect
7. Governing Law: Confirmation that Hong Kong law governs the addendum
8. Execution: Signature blocks for all parties
1. Rent Modification: Detailed section for changes to rent amount, payment terms, or schedule
2. Term Extension: Section specifically dealing with lease term changes or extensions
3. Additional Occupants: Section for adding or removing authorized occupants
4. Property Modifications: Section covering allowed alterations or improvements to the property
5. Additional Provisions: Any new terms being added that weren't in the original agreement
6. Stamp Duty Declaration: Section addressing stamp duty implications if the modifications affect duty obligations
1. Schedule 1 - Modified Payment Schedule: Detailed breakdown of new payment terms if rent or payment schedule is modified
2. Schedule 2 - Property Modifications: Detailed specifications of approved property alterations or improvements
3. Schedule 3 - Updated House Rules: If changes to property usage rules are being made
4. Appendix A - Original Agreement: Copy of the original rental agreement being modified
5. Appendix B - Supporting Documents: Any relevant certificates, permits, or other documents supporting the modifications
Authors
Real Estate
Property Management
Corporate Housing
Residential Property
Commercial Property
Hospitality
Retail
Office Space Management
Industrial Property
Student Housing
Legal
Real Estate
Facilities Management
Property Administration
Corporate Services
Compliance
Operations
Contract Administration
Housing Administration
Asset Management
Property Manager
Real Estate Manager
Legal Counsel
Facilities Manager
Housing Officer
Leasing Manager
Corporate Real Estate Manager
Tenant Relations Manager
Property Administrator
Compliance Officer
Contract Administrator
Real Estate Coordinator
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