Amendment to Commercial Lease: Definition, Example
Jump to Section
Quick Facts — Amendment To Commercial Lease Lawyers
- Avg cost to draft an Addendum to Lease: $480.00
- Avg cost to review an Addendum to Lease: $580.00
- Lawyers available: 126 real estate lawyers
- Clients helped: 184 recent amendment to commercial lease projects
- Avg lawyer rating: 5.0 (16 reviews)
What is an Amendment To Commercial Lease?
An amendment to commercial lease is a contract between a landlord and a company that changes the terms of the existing commercial lease. Some common changes set forth in an amendment to commercial lease include changing the rent amount, modifying the lease terms, or creating new rules and regulations that differ from the original agreement.
The purpose of the amendment to commercial lease is to ensure that both parties understand the applicable changes and are in agreement about them. It also serves to accurately document the changes and shows the courts that an agreement existed at the time of signing between the two parties.
Amendment To Commercial Lease Sample
EXHIBIT 10.2
AMENDMENT TO COMMERCIAL LEASE, JANUARY 20, 2005
Hawthorne North
435 Newbury Street
Suites 206, 208, 210, 212 & 214
Danvers, MA 01923
This Commercial Lease between Hawthorne North Realty Trust and Medwave, Inc. dated April 11, 2004 commencing on May 1, 2004 and ending on April 30, 2007 is hereby amended to read as follows:
2. PREMISES
Suites 206, 208, 210, 212 & 214 containing approximately 4,620 gross square feet of space, located at “Hawthorne North” having the address of 435 Newbury Street, Danvers, MA 01923, together with the right to use in common, with others entitled thereto, the hallways, stairways, and elevators, necessary for access to said leased premises, and lavatories nearest thereto. Normal business hours are 8:00 a.m. to 5:00 p.m. Monday thru Friday.
4. RENT
The LESSEE shall pay to the LESSOR fixed rent according to the following schedule, payable in advance in monthly installments, subject to proration in the case of any partial calendar month. The obligation to pay rent and other charges to the landlord is independent of any obligations the landlord has under this lease. All rent shall be payable on the first day of each and every month, without offset or deduction. All rent shall be made payable to Hawthorne North Realty Trust as follows:
| Rate | Monthly | Annually | ||||||||||||
Year 1:
|
Feb. 1, 2004 to April 30, 2005 | $ | 15.79 | $ | 6079.00 | $ | 72,950.00 | |||||||
Year 2:
|
May 1, 2005 to April 30, 2006 | $ | 16.26 | $ | 6260.00 | $ | 75,120.00 | |||||||
Year 3:
|
May 1, 2006 to April 30, 2007 | $ | 16.75 | $ | 6449.00 | $ | 77,385.00 | |||||||
17. UTILITIES
The LESSEE shall pay, as they become due all bills for electricity, water and other utilities (whether they are used for furnishing heat or other purposes) that are furnished to the leased premises and presently separately metered, and all bills for fuel furnished to a separate meter servicing the leased premises exclusively. The LESSOR agrees to provide all other utility service and to furnish reasonably hot and cold water and reasonable heat and air conditioning (except to the extent that the same are furnished through separately metered utilities or separate fuel tanks as set forth above) to the leased premises, hallways, stairways, elevators, and lavatories during normal business hours on regular business days of the heating and air conditioning seasons of each year, to furnish elevator service and to light passageways and stairways during business hours, and to furnish such cleaning service as is customary in similar buildings in said city or town, all subject to interruption due to any accident, to the making of repairs, alterations, or improvements, to labor difficulties, to trouble in obtaining fuel, electricity, service or supplies from the sources from which that they are usually obtained for said building, or to any cause beyond the LESSOR’S control. LESSEE to pay for service maintenance of HVAC twice per year, $150.00 annually per unit for a total of $750.00 per year (5 Units). A late charge of 5% on will be imposed after 10 days from date of billing.
LESSOR shall have no obligation to provide utilities or equipment other than the utilities and equipment within the premises as of the commencement date of this lease. In the event LESSEE
20
requires additional utilities or equipment, the installation and maintenance thereof shall be the LESSEE’S sole obligation, provided that such installation shall be subject to the written consent of the LESSOR.
LESSOR provides waste receptacles located at the rear of the building, for waste generated from within the leased premise. At no time shall the LESSEE or their occupants use these receptacles for waste generated outside their leased premises.
All other terms and condition will remain the same.
IN WITNESS WHEREOF, the said parties hereunto set their hands and seals this 31st day of January, 2005.
Date: January 26, 2005
|
/s/ Timothy O’Malley | |
| LESSEE | ||
| Medwave, Inc. | ||
| Timothy O’Malley, President | ||
| Address: | ||
Date: January 31, 2005
|
/s/ Elio DiBiase | |
| LESSOR | ||
| Hawthorne North Realty Trust Elio DiBiase, Trustee |
21
Reference:
Security Exchange Commission - Edgar Database, EX-10.2 2 c95262exv10w2.htm AMENDMENT TO COMMERCIAL LEASE, Viewed September 18, 2022, View Source on SEC.
Who Helps With Amendment To Commercial Leases?
Lawyers with backgrounds working on amendment to commercial leases work with clients to help. Do you need help with an amendment to commercial lease?
Post a project in ContractsCounsel's marketplace to get free bids from lawyers to draft, review, or negotiate amendment to commercial leases. All lawyers are vetted by our team and peer reviewed by our customers for you to explore before hiring.
See Real Addendum to Lease Projects
New York Draft a lease agreement (mostly addendums) Drafting
- New York
- 2 lawyer bids
- $375 - $1,200
Georgia Change Management for Proposed Lease Option Agreement by Seller Review
- Georgia
- 2 lawyer bids
- $200 - $450
California California Attorney Needed for Final Risk Review of Contracts Review
- California
- 6 lawyer bids
- $700 - $4,000
See all Addendum to Lease projects
ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.
Need help with an Amendment To Commercial Lease?
Meet some of our Amendment To Commercial Lease Lawyers
Ryenne S.
My name is Ryenne Shaw and I help business owners build businesses that operate as assets instead of liabilities, increase in value over time and build wealth. My areas of expertise include corporate formation and business structure, contract law, employment/labor law, business risk and compliance and intellectual property. I also serve as outside general counsel to several businesses across various industries nationally. I spent most of my early legal career assisting C.E.O.s, General Counsel, and in-house legal counsel of both large and smaller corporations in minimizing liability, protecting business assets and maximizing profits. While working with many of these entities, I realized that smaller entities are often underserved. I saw that smaller business owners weren’t receiving the same level of legal support larger corporations relied upon to grow and sustain. I knew this was a major contributor to the ceiling that most small businesses hit before they’ve even scratched the surface of their potential. And I knew at that moment that all of this lack of knowledge and support was creating a huge wealth gap. After over ten years of legal experience, I started my law firm to provide the legal support small to mid-sized business owners and entrepreneurs need to grow and protect their brands, businesses, and assets. I have a passion for helping small to mid-sized businesses and startups grow into wealth-building assets by leveraging the same legal strategies large corporations have used for years to create real wealth. I enjoy connecting with my clients, learning about their visions and identifying ways to protect and maximize the reach, value and impact of their businesses. I am a strong legal writer with extensive litigation experience, including both federal and state (and administratively), which brings another element to every contract I prepare and the overall counsel and value I provide. Some of my recent projects include: - Negotiating & Drafting Commercial Lease Agreements - Drafting Trademark Licensing Agreements - Drafting Ambassador and Influencer Agreements - Drafting Collaboration Agreements - Drafting Service Agreements for service-providers, coaches and consultants - Drafting Master Service Agreements and SOWs - Drafting Terms of Service and Privacy Policies - Preparing policies and procedures for businesses in highly regulated industries - Drafting Employee Handbooks, Standard Operations and Procedures (SOPs) manuals, employment agreements - Creating Employer-employee infrastructure to ensure business compliance with employment and labor laws - Drafting Independent Contractor Agreements and Non-Disclosure/Non-Competition/Non-Solicitation Agreements - Conducting Federal Trademark Searches and filing trademark applications - Preparing Trademark Opinion Letters after conducting appropriate legal research - Drafting Letters of Opinion for Small Business Loans - Drafting and Responding to Cease and Desist Letters I service clients throughout the United States across a broad range of industries.
"Ryenne is very knowledgeable, quick, and thorough. I appreciated working with her and would definitely work with her again."
Sarah S.
With 20 years of transactional law experience, I have represented corporate giants like AT&T and T-Mobile, as well as mid-size and small businesses across a wide spectrum of legal needs, including business purchase agreements, entity formation, employment matters, commercial and residential real estate transactions, partnership agreements, online business terms and policy drafting, and business and corporate compliance. Recognizing the complexities of the legal landscape, I am dedicated to providing accessible and transparent legal services by offering a flat fee structure, making high-quality legal representation available to all. My extensive knowledge and commitment to client success establishes me as a trusted advisor for businesses of all sizes.
"Sarah was extremely helpful in making me contracts that I needed for wholesaling real estate. Also gave me all the licenses I needed for my business and answered all my questions on information I was unsure of in the business. Will definitely only be going to Sarah for any of my legal needs."
Zachary J.
I am a solo-practitioner with a practice mostly consisting of serving as a fractional general counsel to growth stage companies. With a practical business background, I aim to bring real-world, economically driven solutions to my client's legal problems and pride myself on efficient yet effective work.
"Sent a contract for review and he turned it around in a day! Great work!!"
David H.
Michigan licensed attorney. A compelling combination of technology, sourcing, sales, and legal experience. Over 20 years in technology positions negotiating technology engagements and contracts. General practice legal experience. Significant IT contracts experience (from IT sourcing/procurement) with the State of Michigan and Zimmer Biomet (Fortune 500). Excellent people, negotiation, and writing skills; keen eye for continuous improvement. Trusted business partner co-leading or supporting cross-functional integrated business/IT projects.
"David was great! Went above and beyond what was needed and really gave me a fresh perspective on the contract I needed consulting on."
Michael C.
A seasoned senior executive with experience leading the legal and compliance functions of healthcare entities through high-growth periods. I have experience managing voluminous litigation caseloads, while also handling all pre-litigation investigations for employment, healthcare regulatory, and compliance matters. Similarly, I have led multiple M&A teams through purchase and sale processes, including diligence and contract negotiations. Finally, I have extensive contract review experience in all matters, including debt and equity financing, healthcare payor contracting, vendor and employment agreements, as well as service and procurement agreements.
"Michael was super knowledgeable and efficient. He was very attentive, helpful and made himself available pursuant to our needs as well. He completed the initial drafts well before the scheduled timeframe. We are very pleased with his work ethic and delivery of this project. He was also very easy to work with. We recommend his legal services without hesitation. Would definitely hire him again!"
Mark D.
Partnering with business clients to keep their greatest asset - their employees - from becoming their biggest liability. Mark accomplishes this by working with in-house counsel and human resource professionals of several Fortune 50 companies, as well as many smaller public and privately held profit and not for profit organizations, to provide advice and counsel on the day to day employment and workforce practice issues encountered by those organizations. For over fifteen years Mark has been Board Certified in Labor and Employment Law by the Texas Board of Legal Specialization. He is licensed and practices in both Texas and Colorado and has focused his practice for the last 20 plus years on defending companies in employment and labor related matters. During this time Mark has had extensive experience in handling and responding to a wide range of local, state and federal employment issues that impact the management and operations of businesses in a wide range of industries. Mark's experience includes appearances before state and federal agencies and regulatory boards, litigation in both state and federal courts, defense of class actions and appearances before courts of appeal. While Mark regularly handles matters in litigation, he has a high regard for handling every issue with the best interest of the client’s business. Mark is a published author and regular speaks on labor, employment and workplace practice topics. Whether it be an investigation by the Occupational Safety and Health Administration (OSHA), the Wage & Hour division of the U.S. Department of Labor, or other state agency; an Equal Employment Opportunity Commission (EEOC) or state agency charge claiming a violation of local, state or federal employment or labor laws; or the need for direction on a hiring, termination or business operational issue involving employees, Mark has extensive experience in handling these and many other employment and labor issues.
"opened by mistake. but i have kept all your contact info and will be in touch for anything we need in the future!"
March 10, 2022
Benjamin V.
My practice involves counseling businesses and individuals on a variety of contracts, such as business formation, technology/IP, real estate, leases, and even domestic relations agreements. Much of my practice is dedicated to litigation. As such, I approach contract and transactional work from a litigation perspective by advising clients of the risks involved in failing to develop proper contracts. It takes more than knowledge of the law to be a good lawyer. A good lawyer is honest and forthcoming with clients and has a counseling ethos. And, to me, a good lawyer stands in the shoes of the client when considering how to best serve that client. Whether my client is a business or an individual, I am passionate about helping my clients understand their rights, responsibilities, risks, and possibilities.
Find the best lawyer for your project
Browse Lawyers NowLawyer Reviews for Amendment To Commercial Lease Projects
Addendum to Baltimore City, MD lease agreement with updated move out date and rent
"Julian was great to work with. He was responsive and very effective at meeting my needs for my addendum to my rental property lease. Highly recommend him!"
Léase contract
"He was amazing! His communication, punctuality and commitment to working with me was great. Definitely working with him again"
Rental lease Agreement Review
"Mark was extremely professional and responsive. I am pleased with his work and would highly recommend."
AirBNB Lease Addendum
"Great job. Can see myself working with him again in the future"
Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.
View Trustpilot ReviewNeed help with an Amendment To Commercial Lease?
Real Estate lawyers by top cities
- Austin Real Estate Lawyers
- Boston Real Estate Lawyers
- Chicago Real Estate Lawyers
- Dallas Real Estate Lawyers
- Denver Real Estate Lawyers
- Houston Real Estate Lawyers
- Los Angeles Real Estate Lawyers
- New York Real Estate Lawyers
- Phoenix Real Estate Lawyers
- San Diego Real Estate Lawyers
- Tampa Real Estate Lawyers
Amendment To Commercial Lease lawyers by city
- Austin Amendment To Commercial Lease Lawyers
- Boston Amendment To Commercial Lease Lawyers
- Chicago Amendment To Commercial Lease Lawyers
- Dallas Amendment To Commercial Lease Lawyers
- Denver Amendment To Commercial Lease Lawyers
- Houston Amendment To Commercial Lease Lawyers
- Los Angeles Amendment To Commercial Lease Lawyers
- New York Amendment To Commercial Lease Lawyers
- Phoenix Amendment To Commercial Lease Lawyers
- San Diego Amendment To Commercial Lease Lawyers
- Tampa Amendment To Commercial Lease Lawyers
ContractsCounsel User
Review lease - Delta Property
Location: California
Turnaround: Over a week
Service: Contract Review
Doc Type: Addendum to Lease
Page Count: 3
Number of Bids: 3
Bid Range: $600 - $685
ContractsCounsel User