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Commercial Lease Addendum

Commercial Lease Addendum Template for South Africa

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Key Requirements PROMPT example:

Commercial Lease Addendum

"I need a Commercial Lease Addendum to document a 15% increase in monthly rental and modify the maintenance responsibilities for our retail space in Cape Town, with the changes to take effect from March 1, 2025."

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Document background
A Commercial Lease Addendum is essential when parties need to modify an existing commercial lease agreement in South Africa without creating an entirely new contract. This document is commonly used when circumstances require changes to the original lease terms, such as rental adjustments, lease extension, modification of premises, or updates to maintenance responsibilities. The addendum must comply with South African property law, including relevant provincial regulations and national legislation such as the Consumer Protection Act (where applicable) and common law principles governing commercial leases. It serves as a formal record of the agreed changes while maintaining the validity of the original lease agreement's unchanged terms. The document is particularly important in commercial property relationships where flexibility is needed to accommodate changing business needs while maintaining legal certainty.
Suggested Sections

1. Parties: Full legal names and details of the Landlord and Tenant, including registration numbers for companies

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

3. Definitions: Key terms used in the addendum, including reference to definitions in the original lease that remain applicable

4. Reference to Original Agreement: Specific clause confirming the original lease remains in force except as modified by this addendum

5. Effective Date: The date from which the modifications take effect

6. Modifications to Original Agreement: Detailed description of each change to the original lease, with specific reference to affected clauses

7. Confirmation of Other Terms: Statement confirming all other terms of the original lease remain unchanged

8. Signatures: Execution clause and signature blocks for all parties

Optional Sections

1. Rental Modifications: Used when changes involve rent amounts, payment terms, or escalation rates

2. Property Modifications: Used when changes involve alterations to the leased premises or additional space

3. Term Extension: Used when modifying the duration of the lease

4. Usage Changes: Used when modifying permitted use of the premises

5. Security Deposit Adjustments: Used when modifying security deposit terms or amounts

6. Maintenance and Repairs: Used when changing responsibilities for maintenance or repairs

7. Insurance Requirements: Used when modifying insurance obligations

8. Operating Costs: Used when changing the allocation or calculation of operating costs

9. Force Majeure Provisions: Used when adding or modifying force majeure terms

10. Early Termination Rights: Used when adding or modifying early termination provisions

Suggested Schedules

1. Schedule A - Modified Rental Schedule: Detailed breakdown of new rental amounts and payment dates

2. Schedule B - Modified Property Layout: Updated floor plans or property descriptions if space is modified

3. Schedule C - Maintenance Schedule: Updated maintenance responsibilities and schedules if applicable

4. Schedule D - Operating Costs Breakdown: Modified breakdown of operating costs and allocation

5. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being modified

6. Appendix 2 - Supporting Documentation: Any relevant certificates, permits, or other supporting documents

7. Appendix 3 - Special Conditions: Any special conditions or requirements related to the modifications

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

alex.den.21@genieai.co
Relevant legal definitions




































Clauses






























Relevant Industries

Real Estate

Retail

Office Space

Industrial

Manufacturing

Hospitality

Healthcare

Financial Services

Technology

Logistics

Warehousing

Professional Services

Education

Relevant Teams

Legal

Real Estate

Operations

Finance

Facilities Management

Risk and Compliance

Property Management

Asset Management

Business Development

Administration

Relevant Roles

Property Manager

Commercial Property Lawyer

Real Estate Manager

Facilities Manager

Chief Financial Officer

Operations Director

Legal Counsel

Company Secretary

Commercial Director

Asset Manager

Lease Administrator

Property Portfolio Manager

Business Development Manager

Risk Manager

Compliance Officer

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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