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Get the free BLeaseb Modification bAgreementsb - City of Lakeland - lakelandgov

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MEMORANDUM TO: Real Estate & Transportation Committee Commissioner Don Selvage, Chairman Commissioner Justin Roller Commissioner Phillip Walker FROM: City Attorneys Office DATE: June 16, 2014, RE:
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How to Fill Out Lease Modification Agreements:

01
Review the original lease agreement: Start by thoroughly reading and understanding the terms and conditions of the initial lease agreement. This will help you identify the specific aspects that need modification.
02
Identify the necessary modifications: Determine what changes or amendments you want to make to the lease agreement. Common modifications may include adjusting the rent amount, extending the lease term, or altering certain provisions.
03
Draft the modification agreement: Create a new document or use a template provided by your landlord or property management company to draft the lease modification agreement. Include the original lease agreement's details, such as the parties involved, property address, and lease start date.
04
Clearly state the modifications: Clearly and specifically state the changes you wish to make to the original lease agreement in the modification document. This may involve adjusting the rent amount, adding or removing terms, or changing any other relevant provisions.
05
Include signatures: Ensure that both parties involved in the lease agreement, namely the landlord and tenant, sign and date the modification agreement. This signifies their agreement to the proposed modifications.
06
Keep a copy: Make sure to keep a copy of the lease modification agreement for your records. It's recommended to provide a copy to the other party involved as well.

Who Needs Lease Modification Agreements:

01
Landlords: Landlords may need lease modification agreements when they want to make changes to their existing lease agreements with tenants. This could be due to various reasons, such as adjusting the rent amount or updating certain terms.
02
Tenants: Tenants may require lease modification agreements when they wish to request changes to their existing lease agreements. This could include extending the lease term, adding or removing certain provisions, or adjusting the rent payment schedule.
03
Property management companies: Property management companies may also need lease modification agreements when they manage multiple rental properties and need to make changes to the lease agreements on behalf of the property owners or tenants.
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Bleaseb modification bagreementsb are agreements made to modify the terms of a lease.
The parties involved in the lease agreement are required to file bleaseb modification bagreementsb.
Bleaseb modification bagreementsb can be filled out by clearly outlining the proposed modifications and having all parties involved sign the agreement.
The purpose of bleaseb modification bagreementsb is to officially document any changes made to a lease agreement.
Bleaseb modification bagreementsb must include details of the original lease agreement, the proposed modifications, and signatures from all parties involved.
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