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Addendum Rental Agreement Additional Tenant
"I need an Addendum Rental Agreement Additional Tenant for my 2-bedroom apartment in Mumbai to add my cousin as a third tenant from March 1, 2025, with provisions for splitting the security deposit and utilities three ways."
1. Parties: Identification of all parties: existing landlord, existing tenant(s), and the new tenant being added to the agreement
2. Background: Reference to the original lease agreement including its date, parties, and property details, and the reason for this addendum
3. Definitions: Key terms used in the addendum, including references to terms defined in the original lease agreement
4. Addition of New Tenant: Formal statement adding the new tenant to the lease agreement and their commencement date
5. Joint and Several Liability: Statement confirming that all tenants (existing and new) are jointly and severally liable for all obligations under the lease
6. Security Deposit: Details of any additional security deposit required from the new tenant or modifications to existing deposit arrangements
7. Rent Payment Arrangements: Specification of how rent payments will be handled among the tenants
8. Original Agreement: Confirmation that all other terms and conditions of the original lease remain in full force and effect
9. Execution: Signature blocks for all parties including dates and witness provisions
1. Consent of Guarantor: Required if the original lease has a guarantor, obtaining their consent to the addition of the new tenant
2. Additional House Rules: Include if there are specific rules or conditions that need to be highlighted for the new tenant
3. Utilities and Services: Include if there are changes to utility payment arrangements or responsibilities
4. Parking Arrangements: Include if the property includes parking facilities and arrangements need to be modified
5. Pet Provisions: Include if the new tenant has pets or if pet arrangements need to be addressed
6. Insurance Requirements: Include if there are specific insurance requirements for the new tenant
1. Schedule A - Original Lease Agreement: Copy or reference to the original lease agreement
2. Schedule B - Identification Documents: Copies of identification documents of the new tenant
3. Schedule C - Modified Rent Payment Schedule: If applicable, updated rent payment schedule showing division among tenants
4. Schedule D - Security Deposit Receipt: If applicable, receipt for additional security deposit from new tenant
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Student Housing
Corporate Housing
Retail
Hospitality
Legal
Property Management
Real Estate Operations
Tenant Relations
Compliance
Administrative Support
Facilities Management
Contract Administration
Housing Services
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Housing Officer
Tenant Relations Manager
Property Administrator
Facilities Manager
Real Estate Lawyer
Compliance Officer
Housing Coordinator
Lease Administrator
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