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An add or remove a tenant lease amendment is a document that modifies a rental agreement by allowing the addition or removal of a tenant. The video clarifies the difference between an addendum, which is attached when a lease is first signed, and an amendment, which alters the lease later. Common situations requiring such amendments include changes in roommate status, couples moving in together, or breakups. The video emphasizes understanding these distinctions and provides guidance on how to properly add or remove a tenant from a lease, noting that it always signifies a change to the rental agreement. Additionally, it offers information on where to obtain an official template for these amendments.