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An add or remove a tenant lease amendment is a document that modifies a rental agreement to legally add or remove a tenant. The video clarifies the difference between an addendum and an amendment: an addendum is attached to the original lease at signing, while an amendment is a change made later. Common scenarios for these amendments include changes in roommates, couples moving in together, or breakups. The video provides insights on how to effectively add or remove a tenant, emphasizing that these changes represent a modification to the lease agreement. Additionally, it mentions where to obtain an official template for such amendments.