Commercial Lease Addendum
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1. Leased Premises
Identifies the property or unit affected by the addendum.
2. Addendum Purpose
Explains what part of the lease is being added, changed, or clarified.
3. Rent Adjustment
Documents any rent increase, credit, concession, or payment change.
4. Improvement Responsibilities
Clarifies which party handles build-out, repairs, improvements, or maintenance.