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An add or remove a tenant lease amendment is a legal document that modifies a rental agreement to add or remove a tenant. The video clarifies the distinction between an addendum and an amendment: an addendum is attached when the lease is first signed, while an amendment is a change made after the lease has begun. Common scenarios for amending a lease include changes due to moving in or out of roommates or relationship changes. The video provides insights on when and how to add or remove a tenant in the lease, emphasizing that these amendments are essential for officially documenting such changes in tenancy. Additionally, it highlights where to find an official template for these lease amendments.