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A commercial lease addendum is an additional agreement between a landlord and tenant that alters an existing commercial lease. Its purpose is to introduce new provisions, such as rules, clauses, or terms not included in the original lease. Typically, it includes the names of the parties, the property address, the date of the amendment, and the lease start date. Common uses of a commercial lease addendum include extending the lease duration, granting rights to repair the premises, expanding or limiting the leased space, or modifying the rent amount.
