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Your franchisee will most likely be leasing a business location. The lease is a contract between the franchisee and the holding company that owns the building. You are not directly involved in the contract, but you do want to add an addendum protecting your options. The Lease Addendum will be included in the Franchise Agreement and both the landlord and tenant will be required to acknowledge its provisions as part of the lease and sign it. The Lease Addendum ensures your rights and options in the use of the premises, should the need arise. Specifically: