Addendum To Commercial Lease Template for Philippines

1. Rent Modification: Used when changes to rental amounts or payment terms are being made

2. Term Extension: Used when modifying the lease duration

3. Property Modifications: Used when allowing specific alterations to the leased premises

4. Use Clause Modification: Used when changing the permitted use of the premises

5. Security Deposit Adjustment: Used when modifying security deposit requirements

6. Insurance Requirements: Used when updating insurance obligations

7. Assignment and Subletting: Used when modifying rights to assign or sublet

8. Utilities and Services: Used when changing responsibilities for utilities or services

1. Schedule A - Modified Floor Plan: Detailed plans showing any changes to the leased premises

2. Schedule B - Revised Rent Schedule: Updated rent payment schedule if rent terms are modified

3. Schedule C - Modification Works: Details of any approved renovations or modifications to the property

4. Schedule D - Updated Insurance Requirements: Revised insurance specifications if applicable

5. Appendix 1 - Original Lease Agreement: Copy of the original lease agreement being modified

6. Appendix 2 - Required Permits: Copies of any new permits or licenses required for modified use