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An add or remove a tenant lease amendment is a legal document that modifies a rental agreement, allowing for the addition or removal of a tenant. The video clarifies the difference between an addendum and an amendment; an addendum is attached to the lease when initially signed, while an amendment is a change made later. Common scenarios for needing to amend the lease include changes in roommate situations or relationships, such as moving in together or undergoing a breakup. The video also provides guidance on how to properly add or remove a tenant from the lease. It emphasizes the importance of using an official template for these amendments.