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Modification of Lease

This template is used to formally document changes or amendments to an existing lease agreement between a landlord and a tenant. It should be used when specific terms of the original lease need to be altered without creating an entirely new lease.

Updated 16d ago
leaseamendmentmodificationrentalpropertyagreementreal estate

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

Date

{{date}}

Parties to the Modification

This Modification of Lease ("Modification") is made and entered into on this {{day}} day of {{month}}, {{year}}, by and between:

**Landlord:** {{landlord_name}}, with an address at {{landlord_address}} (hereinafter referred to as "Landlord").

**Tenant:** {{tenant_name}}, with an address at {{tenant_address}} (hereinafter referred to as "Tenant").

Landlord and Tenant are collectively referred to herein as the "Parties."

Recitals

WHEREAS, Landlord and Tenant entered into a Lease Agreement dated {{original_lease_date}} (the "Original Lease") for the property located at {{property_address}} (the "Premises"); and

WHEREAS, the Parties desire to amend certain terms and conditions of the Original Lease as set forth herein.

Amendments to the Original Lease

The Original Lease is hereby amended as follows:

**1. {{amendment_number_1}}: {{amendment_subject_1}}**

Clause {{original_clause_number_1}} of the Original Lease shall be deleted in its entirety and replaced with the following:

"{{new_clause_text_1}}"

**2. {{amendment_number_2}}: {{amendment_subject_2}}**

The monthly rental amount specified in Clause {{original_clause_number_2}} of the Original Lease shall be changed from {{original_rental_amount}} ({{original_rental_currency}}) to {{new_rental_amount}} ({{new_rental_currency}}), effective from {{effective_date_of_rental_change}}.

**3. {{amendment_number_3}}: {{amendment_subject_3}}**

A new clause, Clause {{new_clause_number}}, shall be added to the Original Lease as follows:

"{{new_additional_clause_text}}"

(Add additional amendments as necessary, clearly specifying the clause number, subject, and the exact changes.)

Effect of Modification

Except as expressly modified herein, all other terms, covenants, and conditions of the Original Lease shall remain in full force and effect and are hereby ratified and confirmed by the Parties.

This Modification shall be binding upon and inure to the benefit of the Parties hereto and their respective heirs, successors, and assigns.

Governing Law

This Modification shall be governed by and construed in accordance with the laws of {{country}}.

Entire Agreement

This Modification constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

Signatures

IN WITNESS WHEREOF, the Parties have executed this Modification as of the date first above written.

**Landlord:**

_____________________________

By: {{landlord_signature_name}}

Title: {{landlord_title}}

**Tenant:**

_____________________________

By: {{tenant_signature_name}}

Title: {{tenant_title}}

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