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Lease Amendment To Extend Term
"I need a Lease Amendment To Extend Term for our commercial office space in Amsterdam, extending the current lease for an additional 5 years from March 1, 2025, with a 3% annual rent increase and updated maintenance terms."
1. Parties: Identification of the Landlord and Tenant, including their full legal names and addresses
2. Background: Reference to the original lease agreement, its date, and any previous amendments
3. Definitions: Key terms used in the amendment, including reference to definitions from the original lease that remain applicable
4. Extension of Term: Specific details of the lease extension, including new commencement and expiration dates
5. Rent During Extended Term: Specification of rent amount and payment terms during the extended period
6. Confirmation of Other Terms: Statement confirming that all other terms and conditions of the original lease remain in full force and effect
7. Execution: Signature blocks for all parties and date of execution
1. Rent Review Provisions: Include when the extension includes new or modified rent review mechanisms
2. Security Deposit Adjustment: Include when the security deposit needs to be modified for the extended term
3. Condition of Premises: Include when there are specific agreements about the condition of the premises during the extended term
4. Break Options: Include when new break options are being added for the extended term
5. Maintenance and Repairs: Include when responsibilities for maintenance and repairs are being modified
6. Insurance Requirements: Include when insurance requirements are being updated for the extended term
1. Schedule 1 - Floor Plan: Current floor plan of the leased premises, if relevant to the extension
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments during the extended term, including any stepped increases
3. Schedule 3 - Condition Report: Current condition of the premises at the time of extension, if relevant
4. Appendix A - Original Lease: Copy of the original lease agreement for reference
5. Appendix B - Previous Amendments: Copies of any previous amendments to the original lease
6. Appendix C - Updated Insurance Certificates: Current insurance certificates if required for the extension
Authors
Real Estate
Retail
Office Space
Industrial
Healthcare
Hospitality
Education
Technology
Manufacturing
Logistics
Banking and Finance
Professional Services
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Compliance
Contract Administration
Corporate Services
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Contract Administrator
Real Estate Director
Asset Manager
Operations Manager
Commercial Lease Manager
Corporate Real Estate Manager
Compliance Officer
Real Estate Attorney
Tenant Relations Manager
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