Lease Amendment
Amendment to an existing lease — change rent, dates, term, household, or other terms by written addendum.
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LEASE AMENDMENT (ADDENDUM) ═══════════════════════════════════════════════════════════════════════ This Amendment is made on May 4, 2026 between: Landlord: Riverside Holdings LLC Tenant(s): Jordan Alex Taylor referencing the lease originally dated May 4, 2025 for the property at: 482 Elm Street, Apt 3B, Portland, OR 97214 ═══════════════════════════════════════════════════════════════════════ PURPOSE OF AMENDMENT ► Lease term extension ═══════════════════════════════════════════════════════════════════════ SPECIFIC CHANGES Section 3 (Term): The lease term, originally ending 2026-04-30, is extended through 2027-04-30 (12-month extension). Section 4 (Rent): Effective 2026-05-04, monthly rent increases from $2,200 to $2,310 (5.0% increase, in compliance with Oregon ORS 90.323 rent-cap calculation for the year). All other terms of the original lease remain in full force and effect. New monthly rent (effective May 4, 2026): $2,310.00 New lease end date: April 30, 2027 ═══════════════════════════════════════════════════════════════════════ OCCUPANT CHANGES Added: n/a Removed: n/a ═══════════════════════════════════════════════════════════════════════ CONSIDERATION In consideration of the changes above, Tenant agrees to continue tenancy through the new end date. Landlord agrees to provide the unit at the rent and terms stated. The mutual agreement to continue tenancy on these revised terms is the consideration for this amendment. ═══════════════════════════════════════════════════════════════════════ NO OTHER CHANGES Except as expressly modified by this Amendment, all terms of the original lease dated May 4, 2025 remain in full force and effect. This Amendment, together with the original lease and any prior amendments, constitutes the complete agreement of the parties. ═══════════════════════════════════════════════════════════════════════ EXECUTION The parties have executed this Amendment on the date first written above. _______________________________ Date: May 4, 2026 Riverside Holdings LLC (Landlord) _______________________________ Date: May 4, 2026 Jordan Alex Taylor (Tenant)
About this template
A lease amendment (sometimes called a lease addendum) is the document that modifies an existing lease without replacing it entirely. The most common amendments: rent change at renewal, term extension or renewal, addition or removal of an occupant, addition of a pet (paired with a pet addendum), subletting authorisation, or modification of a specific term (parking, storage, utilities). The amendment should reference the original lease by date, describe the specific changes, and confirm that all other terms remain in effect. Both parties sign with the effective date. Some changes require special handling: rent increases are governed by state and sometimes local rent-control law (Oregon's state-wide rent cap under ORS 90.323; California Tenant Protection Act of 2019 / AB 1482; New York Emergency Tenant Protection Act and various local rent-stabilisation programs); adding an occupant typically requires the new occupant to sign as a tenant and may trigger application screening; subletting authorisation should specify whether the original tenant remains liable. The "consideration" element of contract law requires that both parties give something of value — for amendments to existing leases, the mutual continuation of the tenancy on the revised terms is generally sufficient consideration, but explicit statement avoids dispute. Amendments are most often disputed when they address rent and there is later disagreement about the new amount; clear, dated, signed documentation prevents these disputes. Verbal modifications to written leases are usually unenforceable under the Statute of Frauds (most states require lease amendments over a year to be in writing); always document amendments in writing.
When to use it
- Lease renewal at end of term.
- Mid-lease rent change (where allowed by lease and state law).
- Adding a new occupant or roommate.
- Removing a co-tenant who is leaving.
- Adding a pet mid-lease.
- Authorising a sublet.
- Modifying any specific term (parking, utilities, storage).
What to include
- Reference to original lease (date and parties).
- Effective date of the amendment.
- Specific changes with section references where possible.
- Statement that all other terms remain in effect.
- Consideration acknowledgement (for material changes).
- Both parties' signatures and dates.