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What is a lease amending agreement?

A Lease Amending Agreement is used to make changes to an existing lease (e.g. changing the permitted use of property or term length). The original lease remains in effect, but with the amendments.

Can you change the terms of a commercial lease?

If your commercial lease is due to expire, you must decide whether you want to remain in the premises or vacate. If you wish to stay, you are perfectly entitled to renegotiate the terms of your lease.

What a landlord Cannot do in Georgia?

Georgia law says that a landlord cannot make a tenant make or pay for repairs, unless that tenant, his/her family or guests caused the damage. For serious repair problems, local housing code departments can inspect for possible violations.

What does amendment mean for a lease?

A Lease Amendment is used to modify an existing Lease Agreement between a tenant and landlord by adding or removing clauses, or changing existing clauses. An amendment allows the parties to change the terms without having to sign a new Lease Agreement.

What happens to a commercial lease when the landlord sells the property Ontario?

If the landlord sells the property before the end of lease then he or she must ensure that the buyer agrees to continue the existing rental agreement. The buyer, as a new landlord, must then comply with the agreement and cannot unlawfully force the tenant out before the end of the lease.

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