As a renter, it`s important to have an Addendum to Rent Agreement in place to protect both you and your landlord. This document is an additional attachment to the original lease agreement, which outlines any changes made to the original agreement during the period of the lease.
An Addendum to Rent Agreement is typically used to add or remove terms from the original lease, or to clarify any ambiguities that may have arisen during the lease period. For example, if a landlord agrees to allow a tenant to keep a pet on the property, the Addendum to Rent Agreement will outline the specifics of that agreement, such as the type of pet, the fees associated with keeping the pet, and any rules related to pet care.
Here`s a breakdown of what should be included in an Addendum to Rent Agreement:
1. Start with the basic details: The addendum should include the date, the names of the landlord and tenant, and the lease period being amended.
2. Outline the changes: Be specific about any changes being made to the original lease, such as new terms being added or old terms being removed.
3. Be clear about any new fees or charges: If the addendum includes additional fees for services or utilities, or removes existing fees, make sure to outline them clearly.
4. Signing and acceptance: Both the tenant and landlord should sign the addendum to acknowledge that they understand and agree to the changes.
5. Attach any relevant documentation: If the addendum is related to a particular issue, like a pet agreement, attaching photos or other relevant documents can help clarify the agreement.
Remember, an Addendum to Rent Agreement is a legally binding document. It`s important to ensure that both parties understand and agree to the changes being made before signing the document. Additionally, make sure to keep a copy of the addendum with the original lease agreement for future reference.
In summary, an Addendum to Rent Agreement is an important document for renters to be aware of. It`s a way to ensure that any changes made to the original lease agreement are in writing and agreed upon by both parties. By following these tips, renters can protect themselves and their landlord by creating a clear and concise document that outlines any changes to the original lease agreement.