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An add or remove a tenant lease amendment is a document that allows for the legal addition or removal of a tenant from a rental agreement. The video clarifies the difference between an addendum, which is attached when the lease is initially signed, and an amendment, made later to change the lease. Common scenarios for amending a lease include changes in roommates, moving in together, or breakups. The video also covers important information about these lease amendments and where to obtain an official template for them. Understanding these distinctions is crucial for proper lease management and compliance.