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Addendum Tenancy Agreement
"I need an Addendum Tenancy Agreement for my commercial property in Kuala Lumpur to increase the monthly rental by 10% and extend the lease term until March 15, 2025, with all other original terms remaining unchanged."
1. Parties: Identification of the landlord and tenant as per the original tenancy agreement
2. Background: Reference to the original tenancy agreement including its date, parties, and property details, and brief explanation of why the addendum is needed
3. Definitions: Key terms used in the addendum, incorporating definitions from the original agreement and any new terms
4. Effective Date: Specifies when the modifications in the addendum take effect
5. Modifications: Clearly stated changes to the original agreement, with reference to specific clauses being modified
6. Ratification: Confirmation that all other terms and conditions of the original agreement remain unchanged
7. Integration: Statement that the addendum forms part of the original agreement
8. Governing Law: Confirmation that the addendum is governed by Malaysian law
9. Execution: Signature blocks for all parties
1. Rental Modification: Include when changing rent amount, payment terms, or payment method
2. Term Extension: Include when modifying the duration of the tenancy
3. Property Modifications: Include when allowing or documenting changes to the property
4. Additional Occupants: Include when adding or removing authorized occupants
5. New Terms and Conditions: Include when adding completely new provisions not covered in the original agreement
6. Security Deposit Adjustment: Include when modifying security deposit terms or amounts
7. Utilities and Services: Include when changing responsibility for utilities or services
8. Stamp Duty Declaration: Include when required for stamp duty assessment
1. Schedule 1 - Modified Terms: Detailed listing of specific clauses being modified, showing both original and new text
2. Schedule 2 - Property Modifications: Detailed descriptions or plans of any approved modifications to the property
3. Schedule 3 - Payment Schedule: Updated payment terms or schedules if rent or other payments are modified
4. Appendix A - Supporting Documents: Copies of relevant documents supporting the modifications (e.g., inspection reports, certificates)
5. Appendix B - Consent Forms: Any required third-party consents or approvals related to the modifications
Authors
Real Estate
Property Management
Residential Property
Commercial Property
Retail
Office Space
Industrial Property
Hospitality
Student Housing
Mixed-Use Development
Legal
Property Management
Real Estate Operations
Compliance
Facilities Management
Administrative Support
Asset Management
Leasing
Contract Administration
Property Manager
Real Estate Manager
Legal Counsel
Leasing Manager
Asset Manager
Facilities Manager
Property Administrator
Compliance Officer
Contract Administrator
Real Estate Agent
Tenancy Coordinator
Legal Administrative Assistant
Property Operations Manager
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