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A commercial lease addendum is an additional agreement between a landlord and a tenant to modify the original commercial lease agreement by adding new provisions such as rules, clauses, or terms. It typically includes the names of the parties, property address, date of amendment, lease start date. This addendum is commonly used to alter or extend the time of the lease agreement, grant the parties the right to repair the premises, expand or limit the space leased, or modify the rent amount.
