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Lease Extension Addendum

Lease Extension Addendum Template for Germany

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Key Requirements PROMPT example:

Lease Extension Addendum

I need a Lease Extension Addendum for our Berlin office space, extending the current lease until March 2025, with an option to include a 3% annual rent increase and updated maintenance terms for the building's new solar panels.

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Document background
The Lease Extension Addendum is a crucial document used when parties wish to extend an existing lease agreement under German law. It's commonly used in both commercial and residential contexts when the original lease term is approaching its end and parties agree to continue their landlord-tenant relationship. The document must comply with strict German formal requirements, including the written form requirement (Schriftform) under §550 BGB. It typically includes the extension period, any rent adjustments, and confirmation of continuing terms from the original lease. The addendum is particularly important in the German market where lease relationships are heavily regulated and tenant protections are strong. It serves as a legally binding modification to the original lease while maintaining all other terms and conditions not specifically amended.
Suggested Sections

1. Parties: Identification of the landlord and tenant, matching exactly with the original lease agreement

2. Background: Reference to the original lease agreement, including its date and essential terms

3. Definitions: Key terms used in the addendum, particularly those relating to dates and premises

4. Extension Term: Clear specification of the new lease end date and when the extension begins

5. Confirmation of Original Terms: Statement confirming all other terms of the original lease remain in effect

6. Execution: Formal signing section complying with German execution requirements

Optional Sections

1. Rent Adjustment: Include if the extension involves any changes to the rent amount

2. Security Deposit Modification: Include if any changes to the security deposit are required for the extension period

3. Maintenance Terms: Include if any specific maintenance or renovation agreements are part of the extension

4. Break Rights: Include if either party has special termination rights during the extension period

5. Modernization Agreements: Include if any property modernization is planned during the extension period

6. Energy Efficiency Declarations: Include if required by current German energy efficiency regulations

Suggested Schedules

1. Schedule 1 - Original Lease: Copy or summary of the original lease agreement being extended

2. Schedule 2 - Updated Floor Plans: Include if there are any changes to the leased space or if original plans need updating

3. Schedule 3 - Rent Schedule: Include if there are stepped rent increases or specific payment terms during the extension

4. Appendix A - Property Condition Report: Updated condition report if required for the extension period

5. Appendix B - Energy Certificate: Current energy efficiency certificate if required under German law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Real Estate

Commercial Property

Residential Property

Retail

Office Space

Industrial

Hospitality

Healthcare

Education

Manufacturing

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Asset Management

Property Management

Contract Administration

Tenant Relations

Corporate Services

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facility Manager

Legal Counsel

Lease Administrator

Asset Manager

Real Estate Director

Contract Manager

Property Administrator

Tenant Relations Manager

Real Estate Operations Manager

Commercial Lease Manager

Industries
Bürgerliches Gesetzbuch (BGB) §§ 535-580a: German Civil Code sections on lease agreements (Mietrecht), covering fundamental rights and obligations of landlords and tenants, including provisions for contract modifications
BGB § 550: Specific provision regarding the form requirements for lease agreements with terms longer than one year
BGB § 557: Regulations regarding rent increases and agreements on future rent changes
Mietrechtsanpassungsgesetz: Law on the adaptation of tenancy law, including modernization regulations and rent control provisions
Wohnraumschutzgesetz: Residential Space Protection Law, ensuring proper use and maintenance of residential property
Schriftformgesetz: Written Form Act, specifying requirements for written contracts and amendments
COVID-19-Gesetz: Special regulations regarding lease agreements during the pandemic period, which might affect extension terms
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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