Free Commercial Lease Amendment

A landlord and tenant can use a Commercial Lease Amendment to modify an original commercial lease agreement.

Create a Document in 3 Easy Steps
01
Get Started

Build your selected document.

02
Answer Questions

Answer a few simple questions with step-by-step instructions.

03
Download Document

Print & download forms instantly. Sign & make it legal.

Commercial Lease Amendment

A landlord or business tenant may find themselves in a situation when they would like to change some of the terms in their existing Commercial Lease Agreement. If both parties agree to these modifications, they make them official by adding a Commercial Lease Amendment to the original document.

What Is a Commercial Lease Amendment?

Commercial property is an office space, a warehouse, or any other space or building used for business purposes. Over time, the landlord or the tenant may find the original lease agreement's terms untenable or impractical. Rather than tearing up the old lease agreement and entering into a new one, they can use a Commercial Lease Amendment to modify some of the original document's terms.

However, a Commercial Lease Amendment is not intended to make wholesale changes to a Commercial Lease Agreement. For significant changes, it might be easier to annul the original contract and enter into a new one.

Other Names for Commercial Lease Amendment

Depending on your state, a Commercial Lease Amendment may also be known as:

  • Amendment of Commercial Lease
  • Commercial Lease Amendment Agreement
  • Lease Amendment
  • Amendment to Lease
  • Lease Amending Agreement
  • Lease Modification Agreement

Who Needs a Commercial Lease Amendment?

A Commercial Lease Amendment is used by a tenant and a landlord who wish to modify some of the terms of the original lease agreement. If either party wants to modify the commercial lease agreement, they must get the other party to go along before drafting a Commercial Lease Amendment that's amenable to both.

Why Use 360 Legal Forms for Commercial Lease Amendment?

Customized for you, by you

Create your own documents with our easy-to-understand questionnaires to get exactly what you need out of your Commercial Lease Amendment.

Specific to Your Jurisdiction

Laws vary by location. Each document on 360 Legal Forms is customized for your state.

Fast and easy

All you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.

How to Create a Commercial Lease Amendment With 360 Legal Forms

Creating your Commercial Lease Amendment does not have to be stressful. It only requires a few details about the two parties in the original lease agreement and a clear description of the proposed changes.

Let 360 Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.

What Information Will I Need to Create My Commercial Lease Amendment?

To create your document, please provide:

  • Landlord Details: The legal name, contact information, and address of the landlord
  • Tenant Details: The legal name, contact information, and address of the tenant
  • Commercial Lease Agreement Date: The date of the original lease agreement
  • Previous Commercial Lease Amendment Date: The date of the previous Commercial Lease Amendment, if any
  • Date: The date when the Commercial Lease Amendment is to become effective
  • Amendments: The proposed changes to the original document; may include the revocation of existing terms, changes to existing terms, and the addition of new terms
  • Signatures: Both the tenant and the landlord must sign the document
  • Statements: A statement by the tenant and the landlord agreeing to the amendment
  • Property Address: The address of the commercial rental property

Commercial Lease Agreement Terms

  • Addendum: A document that adds to the original lease agreement
  • Landlord: The owner of the commercial rental property
  • Tenant: The business that leases the commercial rental property
  • Counterparts: A copy of the Commercial Lease Amendment that the landlord or the tenant signs in place of the original document
  • Permission: A concession the landlord makes to a tenant regarding the property, such as the right to make changes to the layout for business operations

Commercial Lease Agreement Signing Requirements

Both the tenant and the landlord must sign the amendment. Notarization or the presence of a witness to the signatures is not required.

What to Do With Your Commercial Lease Amendment

Once both parties sign the amendment, the landlord usually keeps the original with the Commercial Lease Agreement being amended. The tenant should receive a signed copy for their own records.

Frequently Asked Questions

A Commercial Lease Amendment is used to change an existing Commercial Lease Agreement, such as altering a section or paragraph. The changes are not physically made to the original lease but added to it in the form of the amendment.  
A commercial lease addendum is, as the name implies, an addition to the original agreement, such as a more thorough explanation or clarification of the terms.

No. Both the landlord and the tenant must verify their agreement to the amendment. Both parties must be aware of the amendment and consent to adding it to the original contract.

There is no legal limit to the number of amendments allowed, but as mentioned, Commercial Lease Amendments are intended to make relatively minor changes to a Commercial Lease Agreement. A good rule of thumb is that if you want to make more than five amendments, it might be easier and clearer to annul the original commercial lease agreement and begin a new one.

You can use a Commercial Lease Amendment to make virtually any changes, from the financial and sublease privilege to the length of the lease, as long as both the tenant and the landlord agree to the changes.

For a Commercial Lease Amendment to be enforceable, both parties must sign the document. If one of the parties is unable to sign at the arranged time, they can instead sign a copy of the amendment. Some states require a witness to the signatures.

Generally, a Commercial Lease Amendment does not need to be notarized – you only need to sign the document to make it legally enforceable. A witness may be helpful if the other party attempts to contest the document, but a notary is not necessary.

 

Please Note: The use of a notary ensures that no one challenges any signatures later and is a secure way to firmly establish the effectiveness of your document.

Why choose 360 Legal Forms?

Our exhaustive library of documents covers your personal, business, and real estate needs with all of your DIY legal forms.

Easy legal documents at your fingertips
Easy legal documents at your fingertips

Create professional documents for thousands of purposes.

Easily customized
Easily customized

Make unlimited documents and revisions. Sign online in seconds.

Applicable to all 50 states
Applicable to all 50 states

Our documents are vetted by lawyers and are applicable to all 50 states.