MANAGEMENT SERVICES CORPORATION
Name Change Addendum
This Addendum, dated ____________, is an amendment to the Lease Agreement, LeaseID: ______-______-______-_______ (for lease details refer to original
contract for LeaseID number listed above). The parties hereto acknowledge and agree that all of the terms and conditions contained in said Lease Agreement shall
remain in full force and effect, except as amended herein. The parties further acknowledge and agree that this Addendum shall be incorporated by reference into
said Lease Agreement and set forth therein. Accordingly, said Lease Agreement shall be amended as follows:
Name Deletion. Name deletion is the removal of a person from a lease agreement with the permission of all parties to the lease agreement and with the
Property Manager’s approval. All persons on the Lease Agreement must sign this form to acknowledge that they give Management Services Corporation
authority to make the following change to the Lease Agreement. Effective ____________(date resident is deleted from contract- today for future leases,
start of renewal contract for renewals), ________________________________________________ _____________________
________________________ (Resident) shall be removed from the Lease Agreement at the aforementioned premises and is no longer responsible for
the terms and conditions of the Lease Agreement. This Addendum also releases said Resident from any and all existing damages and past due monies
owed. MSC will not refund any portion of the security deposit to the Resident being released from the Lease Agreement. Removing a resident from a
lease agreement will not result in any rent reduction. MSC will not refund any portion of the security deposit or restoration fee to the Resident being
released from this Lease Agreement. Furthermore, Resident agrees to relinquish all rights to the security deposit.
Name Addition. Name addition is the adding of a person to a lease agreement with the permission of all parties to the lease agreement and with the
Property Manager’s approval. All persons on the Lease Agreement must sign this form to acknowledge that they give Management Services Corporation
authority to make the following change to the Lease Agreement. Effective ___________(date resident is added to contract- today for future leases, start
of renewal contract for renewals), ______________________________________________ _____________________________________________
Resident shall be added to the Lease Agreement at the aforementioned premises and is now responsible for all of the terms and conditions contained in
the Lease Agreement, which includes any and all existing damages and past due monies owed. New Residents are also responsible for obtaining a copy
of the MSC Policies and Procedures manual from current Residents and adhering to the guidelines as stated therein.
Landlord agrees that the Resident(s) has added ______ deleted ______ Resident(s), bringing the total number of Resident(s) to __________. Rent will
increase by $25 for any additional resident over the number of bedrooms at Woodrow Apartments. This only applies to 2 and 3 bedroom apartments. Renewal rates
will only apply if at least one resident from the current contract remains on the lease. If the completion of this addendum results in the removal of all current residents
the market rate will apply. The monthly rent will then be _________________.
RESIDENT HEREBY ACKNOWLEDGES RECEIPT OF THE APARTMENT POLICIES AND PROCEDURES HANDBOOK AND AGREES THAT THE APARTMENT
POLICES AND PROCEDURES HANDBOOK IS INCORPORATED BY REFERENCE INTO THIS LEASE AGREEMENT AND RESIDENT FURTHER AGREES TO
COMPLY WITH IT INCLUDING ANY REASONABLE MODIFICATIONS WHICH LANDLORD MAY MAKE OF WHICH RESIDENT HAS NOTICE. FURTHER BY
INITIALING BELOW RESIDENT ACKNOWLEDGES RECEIPT OF THE FOLLOWING: LEAD BASED PAINT AND ASBESTOS DISCLOSURE, IF APPLICABLE.
Initials: __________________________________________________________________________________________________
Pursuant to Virginia Code Section 55-248.6 of the Virginia Residential Landlord Tenant Act, Management will provide notice to residents as deemed necessary via
electronic delivery. By providing current and accurate contact information below Resident acknowledges and agrees to this provision and will accept notice via email
and text messaging (*standard text messaging fees may apply – to opt out simply respond “stop” to the text message). It is the resident’s responsibility to notify
Management if the contact information listed below changes during the lease term. Further, should resident elect to have notice sent and received in paper form,
please so notify Management in writing of this election. Management Services Corporation does not sell, rent, loan, trade, or lease the addresses on our lists to
anyone. Resident agrees to be contacted in one of the following ways.
Phone: Text: Email:
Phone: Text: Email:
Phone: Text: Email:
Phone: Text: Email:
Per the Virginia Residential Landlord Tenant Act the landlord must list the name of each leaseholder on the check for your security deposit return, should one be
made, when your lease expires. By providing a name below you give Management Services Corporation the right to return the security deposit to the Resident listed
below. If no name is provided and a security deposit return is prepared it will be made payable to all Residents on the lease at that time.
Name of Contact ______________________________ Residents Initials _____/_____/_____/_____/_____/_____
There is no charge for the first name change completed during a contract term. Any additional name changes will incur a processing fee of $100 due upon signing
this addendum. An application fee applies for all new Residents adding to a lease. All new applicants must qualify under the current Management Services
Corporation’s rental criteria. All lessees are subject to re-qualification guidelines when a name deletion occurs.
Please acknowledge your receipt and understanding of this Addendum to the Lease Agreement by signing below. This Addendum is not in full force and effect until
all parties have satisfactorily fulfilled the property’s rental criteria and have signed below.
Resident(s) Occupying:
_______________________________________ ____________________________________________
Print Name Signature Date
________________________________________ ____________________________________________
Print Name Signature Date
_______________________________________ _____________________________________________
Print Name Signature Date
_______________________________________ _____________________________________________
Print Name Signature Date
Resident(s) Vacating:
_______________________________________ ____________________________________________
Print Name Signature Date
_______________________________________ ____________________________________________
Print Name Signature Date
_______________________________________ ____________________________________________
Print Name Signature Date
_______________________________________ ____________________________________________
Print Name Signature Date
Property Manager______________________________ Date:
THIS ADDENDUM IS NOT VALID AND ENFORCABLE UNTIL IT HAS BEEN SIGNED BY ALL RESIDENTS AND BY THE
PROPERY MANAGER. THIS ADDENDUM MAY BE VOIDED WITHOUT FURTHER NOTICE IF NOT COMPLETED WITHIN 30
DAYS OF INITIATION.
Si usted no entiende Inglés, entonces usted debe encontrar alguien para traducirle este documento para usted. Muchas gracias
Updated 9/6/2016 EHO
