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CONSTRUCTION ADDENDUM UPON LEASING This Construction Addendum will serve as an Addendum to the Rental Reservation Agreement dated, by and between (hereinafter referred to as Resident(s) for apartment
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How to fill out construction addendum upon leasing

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How to fill out a construction addendum upon leasing:

01
Begin by reviewing the existing lease agreement: Before filling out the construction addendum, thoroughly read and understand the terms and conditions of the original lease agreement. This will ensure that you are familiar with any restrictions or requirements related to construction activities.
02
Clearly identify the parties involved: In the construction addendum, clearly state the names and contact information of both the landlord and the tenant. This will help establish who is responsible for what during the construction process.
03
Define the scope of work: Specify the exact details of the construction project in the addendum. Include information such as the specific areas or units being renovated, the proposed timeline for completion, and any specific materials or finishes that will be used.
04
Outline the responsibilities and obligations: Clearly define the respective responsibilities of the landlord and tenant. This can include obligations related to permits, insurance, maintenance, and the handling of any necessary licenses or certifications.
05
Include provisions for payment: Specify how the costs of the construction project will be handled. This may include payment schedules, cost estimates, and details regarding reimbursement or payment for any additional expenses incurred during construction.
06
Address any legal considerations: If applicable, include any necessary provisions or clauses related to legal compliance. This can include adhering to local building codes, obtaining necessary permits, and ensuring that all construction activities are conducted safely and in accordance with the law.

Who needs a construction addendum upon leasing?

01
Commercial tenants: Commercial tenants who plan to undertake construction or renovation work on their leased property often require a construction addendum. This ensures that both the landlord and tenant are aware of their respective responsibilities and that the necessary provisions are in place to facilitate the construction process.
02
Landlords: Landlords may also need a construction addendum if they are responsible for overseeing or approving construction activities on their property. This addendum helps protect their interests and ensures that the tenant complies with the agreed-upon terms and conditions.
03
Residential tenants: In certain cases, residential tenants may require a construction addendum if they plan to undertake significant renovations or modifications to their rented home or apartment. This addendum helps outline the rights and responsibilities of both the tenant and landlord during the construction process.
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Construction addendum upon leasing is a document that outlines any renovations or construction work that will be done to a property after it has been leased.
The landlord or property owner is typically required to file the construction addendum upon leasing.
The construction addendum upon leasing should be filled out with details of the planned construction or renovations, including timelines, costs, and any relevant permits.
The purpose of the construction addendum upon leasing is to ensure that both parties are aware of any planned construction or renovations to the property and to outline the responsibilities of each party.
The construction addendum upon leasing should include details such as the scope of work, timeline, costs, permits, and any other relevant information regarding the construction or renovation.
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