Lease Addendum
Last Updated: September 10, 2026
To the Flex Town General Lease dated
| Landlord | Maat Holdings Ploof Road LLC, a North Carolina limited liability company |
|---|---|
| Tenant | |
| Unit | |
| Site | 9550 Ploof Road SE, Leland, NC 28451 |
| Addendum date |
This Addendum forms part of the General Lease named above. Where this Addendum conflicts with the General Lease, the Terms and Conditions, or the Site Rules, this Addendum applies — but only on the points it actually covers.
1. Rent concession
delete if not used
2. Deposit variation
delete if not used
The reduced deposit is granted in reliance on the Schedule C personal guarantee, which remains fully in force.
3. Landlord’s work / deliverables
delete if not used
| What Landlord will do | Target date |
|---|---|
4. Alterations permitted
delete if not used
Tenant may carry out the following alterations at Tenant’s own cost:
At the end of the tenancy Tenant must / must not (circle one) remove these alterations and make good.
5. Occupancy variation
delete if not used
The standard limit is one person per 500 sq ft.
6. Exclusive use granted
delete if not used
This exclusive binds Landlord in letting other units at the site, for the duration of this tenancy only.
7. Special exception
delete if not used
Complete this only where a county or zoning special exception, variance or permit applies to this tenant’s use.
| Special exception held | Yes |
|---|---|
| Reference / permit number | |
| Granted by | |
| Expires | |
| Conditions attached |
This special exception belongs to this tenant and this use only. It does not transfer to any future tenant of this unit, and it does not survive the end of this tenancy.
8. Early cancellation right
delete if not used
The General Lease grants none.
9. Other agreed terms
Schedule B — Unit and site map
Attach the current unit map and site map for the building, showing the unit’s position, parking, shared bathroom, mailbox and dumpster locations. The maps are for identification — dimensions and areas shown are approximate and are not a warranty of area.
Manager: circle or highlight the unit, parking, and any other detail specific to this tenancy directly on the attached map, and note anything below that the map doesn’t show.
Everything else is unchanged
Except as expressly stated in this Addendum, every term of the General Lease, the Terms and Conditions, the Site Rules and the Privacy Statement continues to apply in full.
Signatures
Both parties sign. The guarantor signs separately where the Addendum changes the rent, the deposit or the term.
Tenant signature Name:
Title:
Date: |
Landlord signature — Maat Holdings Ploof Road LLC By: , Manager
Date: |
Guarantor acknowledgement — required where this Addendum changes rent, deposit or term: “I acknowledge this Addendum and confirm my guarantee under Schedule C of the General Lease continues in full force.”
Flex Town Lease Addendum — v1.1, 8 September 2026. Awaiting attorney review; not for tenant signature in this form.