Lease Addendum

Last Updated: September 10, 2026

To the Flex Town General Lease dated  

LandlordMaat Holdings Ploof Road LLC, a North Carolina limited liability company
Tenant
 
Unit 
Site9550 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

Period:   to  
Reduced rent: $  per month
Reverts on:   — rent returns to the General Lease amount, subject to the yearly increase.
Reason:
 

2. Deposit variation

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Deposit for this tenancy: $  instead of the standard amount
Reason:
 

The reduced deposit is granted in reliance on the Schedule C personal guarantee, which remains fully in force.

3. Landlord’s work / deliverables

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What Landlord will doTarget date

 
 

 
 

4. Alterations permitted

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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

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The standard limit is one person per 500 sq ft.

Maximum people in the unit:  
Reason:
 

6. Exclusive use granted

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Exclusive:
 

This exclusive binds Landlord in letting other units at the site, for the duration of this tenancy only.

7. Special exception

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Complete this only where a county or zoning special exception, variance or permit applies to this tenant’s use.

Special exception heldYes
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

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The General Lease grants none.

Tenant may end this Lease on:  
Written notice required:   days
Payment required: $ 

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.”

  Name:   Date:  

Flex Town Lease Addendum — v1.1, 8 September 2026. Awaiting attorney review; not for tenant signature in this form.