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Addendum To Lease Agreement Template for India

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Key Requirements PROMPT example:

Addendum To Lease Agreement

"I need an Addendum to Lease Agreement to extend our current office lease term by two years until March 2025, and increase the monthly rent by 15% from the current rate, for our commercial property in Mumbai."

Document background
An Addendum To Lease Agreement is essential when parties need to modify their existing lease arrangement without creating an entirely new agreement. This document type is commonly used in Indian real estate transactions when circumstances require changes to original lease terms, such as rent adjustments, tenure extensions, or premises modifications. The addendum must comply with Indian property laws, including the Transfer of Property Act, 1882, state-specific rent control acts, and registration requirements where applicable. It's particularly important in commercial leasing where business needs evolve, requiring flexible modifications to existing arrangements. The document maintains legal continuity while allowing specific updates to the original agreement, making it a crucial tool in property management and tenant relations.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant as per the original lease agreement

2. Background: Reference to the original lease agreement including its date, parties, and property details, and brief context for the addendum

3. Definitions: Key terms used in the addendum, including references to defined terms in the original lease

4. Amendment Details: Specific modifications being made to the original lease, clearly stating both the original clause and the new modified version

5. Effect on Original Lease: Confirmation that all other terms of the original lease remain unchanged and in full force

6. Governing Law: Confirmation that the addendum is governed by Indian law and specific state jurisdiction

7. Execution: Signature blocks for all parties and witnesses

Optional Sections

1. Rent Modification: Details of changes to rent amount, payment terms, or schedule - include when rent-related terms are being modified

2. Term Extension: Specific details about lease term extension or modification - include when changing the duration of the lease

3. Additional Premises: Description of any additional space being added to the lease - include when modifying the leased premises

4. Security Deposit Amendment: Changes to security deposit terms or amount - include when modifying deposit requirements

5. Maintenance Responsibilities: Modified terms regarding maintenance and repairs - include when changing responsibility allocation

6. Usage Modification: Changes to permitted use of the premises - include when modifying usage terms

7. Registration Details: Registration requirements and details - include when the addendum requires registration under local laws

Suggested Schedules

1. Schedule A - Modified Floor Plan: Updated floor plan or premises details if the leased area is being modified

2. Schedule B - Revised Rent Schedule: Detailed breakdown of modified rent amounts and payment schedules

3. Schedule C - Additional Terms: Any new terms or conditions being added that are too detailed for the main document

4. Appendix 1 - Original Lease Reference: Copy or relevant excerpts of the original lease agreement being modified

5. Appendix 2 - Property Documents: Updated property documents or certificates if required for the modification

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






























Clauses

























Relevant Industries

Real Estate

Retail

Commercial Office

Industrial

Healthcare

Education

Hospitality

Manufacturing

Technology

Banking and Financial Services

Logistics and Warehousing

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Administration

Compliance

Property Management

Asset Management

Corporate Services

Relevant Roles

Property Manager

Facilities Manager

Real Estate Director

Legal Counsel

Operations Manager

Chief Financial Officer

Asset Manager

Leasing Manager

Commercial Director

Corporate Real Estate Manager

Administration Manager

Compliance Officer

Property Administrator

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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