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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 difference between an addendum and an amendment: an addendum attaches to the original lease during its signing, while an amendment changes the lease after signing. Common scenarios prompting these amendments include changes in roommate situations or relationship dynamics. The process of adding or removing a tenant is essential for maintaining an accurate lease agreement. The video also highlights the importance of using an official template for these amendments.