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Commercial Lease Extension Addendum
I need a Commercial Lease Extension Addendum for my retail space in Munich, extending the current lease for 5 years from March 1, 2025, with provisions for planned renovation works during summer 2025 and an option for early termination after 3 years.
1. Parties: Identification of the landlord and tenant, including their full legal names, addresses, and registration details if applicable
2. Background: Reference to the original lease agreement, its date, and current status, establishing the context for this extension
3. Definitions: Key terms used in the addendum, particularly referencing defined terms from the original lease that remain applicable
4. Extension Term: Specific details of the extension period, including start and end dates
5. Rent Continuation/Adjustment: Specification of the rent amount during the extension period, including any agreed adjustments
6. Confirmation of Original Terms: Statement confirming which terms from the original lease remain in effect during the extension period
7. Execution: Signature block and formal execution requirements under German law
1. Modified Terms: Any specific terms from the original lease that are being modified for the extension period
2. Maintenance and Repairs: Any changes to maintenance or repair responsibilities during the extension period
3. Security Deposit Adjustment: Modifications to existing security deposit arrangements, if applicable
4. Operating Costs Adjustment: Changes to the allocation or calculation of operating costs during the extension period
5. Break Clause: Optional early termination provisions for the extension period
6. Renovation/Improvement Works: Any agreed renovations or improvements to be carried out during the extension period
1. Schedule 1 - Rent Calculation: Detailed breakdown of rent calculations, including any indexation or adjustment mechanisms
2. Schedule 2 - Modified Terms Overview: Comprehensive list of terms that differ from the original lease
3. Schedule 3 - Property Condition Report: Updated assessment of the property condition at the time of extension
4. Appendix A - Original Lease: Copy of the original lease agreement for reference
5. Appendix B - Power of Attorney: If applicable, documentation of signing authority for either party
Authors
Extension Term
Commencement Date
Expiration Date
Premises
Base Rent
Operating Costs (Betriebskosten)
Security Deposit (Kaution)
Landlord (Vermieter)
Tenant (Mieter)
Permitted Use
Common Areas
Index Adjustment
Business Days
Property
Building
Parties
Effective Date
Original Term
Lease Year
Service Charges (Nebenkosten)
Maintenance Obligations
Force Majeure
Applicable Law
Indexation Formula
Notice Period
Extension Notice
Operating Hours
Utility Services
Property Manager
Rent Payment
Operating Costs
Maintenance and Repair
Insurance
Assignment and Subletting
Use of Premises
Utilities and Services
Security Deposit
Property Access
Alterations and Improvements
Force Majeure
Notices
Governing Law
Severability
Index Adjustment
Early Termination
Property Handover
Environmental Compliance
Building Rules
Signage Rights
Operating Hours
Parking Rights
Common Areas Usage
Waste Management
Retail
Office Space
Industrial
Warehousing
Hospitality
Healthcare
Manufacturing
Technology
Professional Services
Banking and Financial Services
Logistics
Entertainment and Leisure
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Property Management
Asset Management
Corporate Services
Risk Management
Property Manager
Facility Manager
Real Estate Director
Chief Financial Officer
Legal Counsel
Real Estate Manager
Operations Manager
Asset Manager
Commercial Lease Administrator
Business Development Manager
Real Estate Portfolio Manager
Corporate Real Estate Manager
Compliance Officer
Finance Director
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