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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 to the original lease at signing, and an amendment, which modifies the lease post-signing. Common scenarios for amending a lease include changes in roommates, couples moving in together, or during a breakup. It is essential to understand the process involved in adding or removing a tenant, as this requires an official amendment to the lease agreement. The video also discusses where to obtain an official template for these amendments.