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Tenant Leaving and Being Replaced by Another

I rent to 4 people.  One is leaving early, but the other tenants found a replacement for her.  Should I have him sign a new lease agreement and have all 5 (the original 4 and the new tenant) sign a lease addendum indicating that he is replacing her on the remaining 11 months of the lease?  Is there a better way?

check out the room mate addendum on here.
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