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Addendum To Lease Agreement Rent Increase
"I need an Addendum To Lease Agreement Rent Increase for my Singapore commercial property at 123 Orchard Road, increasing the monthly rent from SGD 5,000 to SGD 5,500 effective March 1, 2025, with my tenant ABC Trading Pte Ltd."
1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Reference to original lease agreement and reason for addendum
3. Definitions: Key terms used in the addendum
4. Rent Increase Details: Specific amount of increase and new total rent
5. Effective Date: When the rent increase takes effect
6. Original Agreement Validity: Confirmation that all other terms of original lease remain in effect
7. Execution: Signature blocks and date of signing
1. Payment Terms Modification: Changes to payment schedule or method, if applicable
2. Security Deposit Adjustment: If security deposit needs to be increased proportionally
3. Notice Acknowledgment: Confirmation that proper notice period was given, if required
1. Schedule 1 - Rent Calculation: Detailed breakdown of new rent calculation
2. Schedule 2 - Payment Schedule: Updated payment dates and amounts if payment schedule is modified
3. Appendix A - Original Lease: Copy of original lease agreement for reference
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