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First Amendment To Lease

First Amendment To Lease Template for India

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First Amendment To Lease

"I need a First Amendment to Lease to expand our current office space from 2,000 sq ft to 3,500 sq ft and adjust the monthly rent accordingly, with the changes to take effect from March 1, 2025."

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Document background
The First Amendment To Lease is essential when parties to an existing lease agreement need to modify specific terms without creating an entirely new lease. This document is commonly used in the Indian legal context when circumstances require changes to rent, lease term, premises area, or other significant lease provisions. It must comply with the Transfer of Property Act, 1882, relevant state Rent Control Acts, and the Registration Act, 1908. The amendment typically includes reference to the original lease, clearly stated modifications, and confirmation that unmodified terms remain in effect. It's particularly important in commercial leasing where changing business needs often require lease adjustments. The document requires careful drafting to ensure enforceability and may need registration depending on the nature of modifications and local state laws in India.
Suggested Sections

1. Parties: Identification of the Landlord and Tenant as named in the original lease

2. Background: References to the original lease agreement, including its date and any previous amendments, and brief context for the current amendment

3. Definitions: Key terms used in the amendment, including reference to definitions in the original lease that remain applicable

4. Effective Date: Specifies when the amendments will take effect

5. Amendments: Clearly stated modifications to specific sections or terms of the original lease

6. Ratification: Confirmation that all other terms and conditions of the original lease remain in full force and effect

7. Binding Effect: Statement that the amendment is binding on parties and their successors

8. Counterparts: Provision allowing execution in multiple counterparts

9. Execution: Signature blocks for all parties

Optional Sections

1. Rent Modification: Detailed section specifically addressing changes to rent amount or payment terms, used when rent terms are being modified

2. Term Extension: Section specifically addressing changes to the lease duration, used when the lease term is being modified

3. Premises Modification: Description of any changes to the leased premises, used when the physical space is being modified

4. Security Deposit Amendment: Changes to security deposit requirements, used when security deposit terms are being modified

5. Use Clause Amendment: Modifications to permitted use of the premises, used when changing allowed activities in the space

6. Consent and Acknowledgment: Additional signatures required from guarantors or lenders, used when third-party approval is needed

Suggested Schedules

1. Schedule A - Modified Terms: Detailed listing of all modifications showing original language and new language

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

3. Schedule C - Modified Floor Plan: Updated floor plan or premises description if space is being modified

4. Appendix 1 - Required Approvals: Copies of any required third-party approvals or consents

5. Appendix 2 - Supporting Documentation: Any additional documentation supporting the modifications (e.g., market rent analysis, renovation plans)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

Retail

Office Space

Industrial

Healthcare

Education

Hospitality

Manufacturing

Warehousing

Technology

Banking and Financial Services

Professional Services

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Compliance

Administration

Property Management

Corporate Services

Risk Management

Relevant Roles

Real Estate Manager

Facilities Manager

Property Manager

Legal Counsel

Corporate Lawyer

Operations Director

Chief Financial Officer

Asset Manager

Leasing Manager

Contract Administrator

Company Secretary

Business Development Manager

Real Estate Director

Compliance Officer

Industries





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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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