What is a lease addendum?

A lease addendum is a separate document that is attached to the original lease agreement. It serves to modify or add specific terms and conditions to the existing lease contract. Lease addendums are used when both parties agree to make changes or additions to the original lease agreement without having to create an entirely new contract.

Lease addendums can cover a variety of topics, such as pet policies, rent increases, maintenance responsibilities, additional occupants, or any other specific terms that need to be addressed. Both the landlord and the tenant must sign the addendum to make it legally binding.

It is important to carefully review and understand any lease addendums before signing them, as they can impact both parties' rights and obligations under the lease agreement. It is recommended to consult with a legal professional if you have any questions or concerns about a lease addendum.