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Updated almost 9 years ago,
Diff. between Change in Terms of lease & an Authorization letter?
Hey everyone!
New landlord here.. I am curious if there is a difference between an Authorization letter and a Change in Terms of Lease Addendum. If there is a difference then I assume that it is situation specific?
For EX: If the tenant wanted sole access to the deck upstairs but the lease does not state that he receives sole access with his rent rate, would I use the Change in Terms of Lease Addendum stating that I approve of him having sole access to the deck upstairs? OR would it just be a simple authorization letter granting him permission to have sole access to the deck? I feel like I am splitting hairs here but I just want things to be documented correctly.
EX # 2:
Tenant has a Sole Prop business where he uses the address for quotes on landscaping work since he doesn't have a stand alone store. He is a tree arborist. (He keeps the lawn in great shape and is an awesome tenant..) I inherited him (7 Year tenant but 1st month with me)
When I recently purchased the property and when I was going over my lease he stopped me after I stated that the premise is to be used for residential purposes only. I am happy that he notified me of this rather than being sneaky... SO for this situation, if I decide that it is ok, would it be an authorization letter granting permission to have his business address be the unit's address (technically running a business out of the unit)? Or would I use a change in terms of lease addendum?
Sorry for the silly question.. But thank you so much for reading and helping out!! : )