Commercial Lease Addendum

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Addendum Framework›Lease Status›Property Details…

Addendum Framework9 questions

1. What type of business entity is the company entering into this document?

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2. What is the primary purpose of this addendum?

3. Describe the business background for this addendum (lease date, premises, current term, and the reason for the modification).

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4. Which specific sections, exhibits, schedules, or addenda of the existing lease are being amended, replaced, added, or deleted?

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5. Should the addendum confirm that all lease terms not expressly amended remain in full force and effect?

6. If this addendum conflicts with the original lease, prior amendments, exhibits, or other documents, which document should control?

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7. What consideration supports this addendum?

8. Is the effectiveness of this addendum conditioned on any of the following?

9. Should the addendum state that it is the complete agreement regarding these amendments and that no other lease terms are modified?

Lease Status2 questions

10. Is either party currently in default, dispute, rent arrears, audit, repair dispute, or violation of any lease obligation?

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11. Should either party make estoppel-style statements about lease status (no defaults, current rent, possession, no offsets)?

Property Details9 questions

12. Which state is the leased property located in?

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13. Full premises address, including suite/unit number and building or project name

14. Identify the original lease and all related documents being referenced or modified

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15. Addendum execution date, effective date, and any separate start date for amended obligations

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16. Tenant's full legal name, trade name/DBA, entity type, and formation jurisdiction

17. Tenant's notice address and billing address (if different from premises)

18. Landlord's full legal name, property manager (if any), and authorized signatory's name and title

19. Landlord's notice address, rent-remittance address, and property manager contact

20. Tenant's business operations, trade name(s), products/services, and any licensed or regulated activities

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Parties & Authority2 questions

21. Has either party changed its legal name, merged, assigned the lease, sold the property, or undergone any other change of identity or control since the original lease was signed?

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22. For each signer, describe their title, authority, and any board, member, or manager approval required

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Third-Party Consents2 questions

23. Does any mortgagee, ground lessor, master landlord, franchisor, association, or other third party need to consent to this addendum?

24. Must any guarantor sign a reaffirmation, amendment, consent, or new guaranty in connection with this addendum?

Term & Premises2 questions

25. What is the current lease expiration date, any pending option exercise deadline, and the term as it will stand after this addendum?

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26. Is the leased premises being expanded, reduced, relocated, remeasured, or redefined by this addendum?

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Rent & Economics4 questions

27. Current base rent and any components changing under this addendum (include any free-rent periods, step-up schedule, or escalations)

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28. Are any additional rent components changing - including real estate taxes, insurance, CAM, management fees, utilities, marketing fund charges, or percentage rent?

29. Is the rent commencement date, abatement period, or any concession changing?

30. Is the security deposit, letter of credit, cash deposit, prepaid rent, or other credit support changing?

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Personal Guarantee1 question

31. Are any guarantees existing, new, amended, reaffirmed, capped, or released in connection with this addendum?

Use & Subletting3 questions

32. What specific business uses should be explicitly permitted in this addendum?

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33. Are any prohibited uses, hazardous materials restrictions, nuisance rules, or specialized use restrictions being added or modified?

34. Are assignment, subletting, affiliate-transfer, or change-of-control rights being added or changed?

Exclusivity1 question

35. Do you need an exclusivity clause preventing the landlord from leasing to a direct competitor in the building or project?

Renewal & Termination3 questions

36. Is a renewal or extension option being added, modified, waived, or clarified?

37. Is an early termination, kickout, contraction, or negotiated surrender right being added or changed?

38. Is there a construction/access period, rent abatement, delayed commencement, or free-rent concession being negotiated?

Tenant Improvements1 question

39. Is a Tenant Improvement (TI) allowance, landlord work obligation, or work letter being included or modified?

CAM & Operating Costs1 question

40. Does the lease include CAM, operating expenses, taxes, insurance, or other pass-through charges?

Maintenance & Utilities4 questions

41. For each building system and area, who is responsible for maintenance, repair, replacement, and capital costs?

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42. HVAC responsibility summary (if not fully captured in the maintenance matrix above)

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43. Are any utility, service, or building-operations arrangements changing under this addendum?

44. Are access hours, loading dock rights, deliveries, after-hours procedures, or security arrangements changing?

Signage & Parking2 questions

45. Are exterior signage, directory, monument, or building-identification rights being added or modified?

46. Parking allocation, terms, and any access provisions (reserved vs. unreserved, rates, EV charging, after-hours)

Holdover1 question

47. Holdover rent rate and mechanics if tenant remains in possession after lease expiration

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Risk Allocation3 questions

48. Are insurance coverages, limits, additional-insured requirements, or waivers of subrogation changing?

49. Are indemnity, waiver of claims, release, limitation of liability, or consequential-damages provisions being added or changed?

50. Will tenant use, store, or dispose of any hazardous materials, chemicals, regulated substances, or materials requiring environmental compliance?

Notices & Communications1 question

51. Are notice addresses, delivery methods, electronic notice consent, or copy recipients changing?

Dispute Resolution2 questions

52. How should disputes be resolved?

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53. Governing law, venue/forum, and any jury-trial waiver

Execution3 questions

54. How will the addendum be executed - electronic signatures, PDF counterparts, wet ink originals, or a combination?

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55. Should the addendum expressly permit execution in counterparts, with each counterpart treated as an original?

56. List all exhibits, schedules, work letters, rent schedules, floor plans, or guaranties to be attached to this addendumoptional

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Miscellaneous3 questions

57. Are any real estate brokers involved in this transaction, and who is responsible for commissions and broker-claim indemnification?

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58. Should the addendum include confidentiality, no-recording, or no-publicity provisions?

59. Should the addendum expressly bind successors and permitted assigns and benefit future owners and assignees?

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