What is an "addendum" in the context of a lease agreement?

Prepare for the Arizona Property Management Test with flashcards and multiple choice questions. Each question is supplemented with hints and detailed explanations. Get ready to pass your exam!

In the context of a lease agreement, an "addendum" refers to an additional document that modifies the lease. An addendum is used to change or add terms to the original lease without needing to draft an entirely new lease. For example, an addendum can clarify issues such as modifications to rental amounts, rules regarding pets, or alterations to maintenance responsibilities.

The purpose of an addendum is to enhance the initial agreement by incorporating new information or adjusting existing terms that both parties agree to, thereby ensuring that all aspects of the rental relationship are clearly documented. This allows for flexibility and adaptability in the lease terms while maintaining the integrity of the initial agreement.

In contrast, the other options refer to different concepts: a secondary lease document may not necessarily modify terms; a termination agreement signifies the end of the lease; and a notice of eviction involves a legal process to remove a tenant from the property. Each of these alternatives serves a distinct purpose that doesn’t align with the specific function of an addendum in modifying an existing lease.

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