LEASING

Lease Amendment Process

From time to time, there may be a need to change the terms of the lease during the lease period. Lease amendments must be approved.

1. Real Estate & Insurance Services discusses changes with the user and Lessor.

2. Real Estate & Insurance Services prepares a draft Lease Amendment. VCU’s General Counsel and the landlord review the draft Lease Amendment. (VIEW AMENDMENT FORM.)

3. Upon review approval, the Lease Amendment is forwarded to the landlord for signature.

4. The signed Lease Amendment is forwarded to General Counsel for signature.

5. A fully executed lease amendment is sent to the Division of Real Estate Services and distributed to the appropriate parties.