Lessee may add schedules representing property later acquired, subject to the same general terms and conditions.

• A. True
• B. False
• C. Only if approved by lessor
• D. Not permitted

Answer: (A)

The concept being tested is that a lease can be extended to cover additional property later by adding a schedule that describes the new space and ties it to the same general terms and conditions of the lease. This allows the lessee to grow the leased premises without drafting a new lease, while ensuring consistency in rent, term, operating expenses, maintenance, insurance, use, and other obligations across all leased space.

Why this is the best answer: adding a schedule for property acquired later keeps the overall agreement unified and predictable. The new space will follow the same general terms already negotiated, so there’s no need to renegotiate the entire lease or impose different rules for the added property. The amendment process through a schedule provides a controlled way to expand the leased footprint while preserving the established framework.

The other options don’t fit because they imply extra conditions or restrictions not stated in the phrase. Requiring separate approval, or stating the addition is not permitted, would contradict the idea that the new property follows the same general terms and conditions and can be incorporated through the schedule.