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Proposal To Lease Commercial Space
"I need a Proposal To Lease Commercial Space for a 2,500 square foot retail space in Dubai Mall that I want to lease to a luxury fashion brand, with the lease starting March 2025 and including specific provisions for shop front display rights and extended mall trading hours."
1. Parties: Identification of the prospective landlord and tenant, including full legal names, registration numbers, and registered addresses
2. Background: Brief context of the proposal, including the property's location and intended use
3. Definitions: Key terms used throughout the proposal, ensuring clarity and avoiding ambiguity
4. Property Details: Comprehensive description of the commercial space, including exact location, floor, unit number, and total area
5. Commercial Terms: Key financial terms including proposed rent, payment frequency, security deposit, and any advance payments
6. Lease Term: Proposed duration of the lease, including proposed commencement date and any renewal options
7. Permitted Use: Specific permitted business activities and any restrictions on use of the premises
8. Maintenance and Services: Outline of building services provided and maintenance responsibilities of each party
9. Utility Charges: Responsibility for utilities, including DEWA charges, chiller charges, and other relevant utilities
10. Insurance Requirements: Required insurance coverage to be maintained by the tenant
11. Proposal Validity: Period for which the proposal remains valid and binding
12. Next Steps: Process for accepting the proposal and moving forward with the formal lease agreement
1. Fit-out Works: Details of any permitted tenant improvements or modifications, used when the space requires customization
2. Rent-Free Period: Terms of any rent-free or reduced rent period, included when offering such incentives
3. Break Option: Details of any early termination rights, included when offering flexibility to either party
4. Service Charges: Breakdown of service charges if applicable to the building or development
5. Parking Allocation: Details of available parking spaces and terms, included for properties with parking facilities
6. Signage Rights: Terms for external or internal signage, relevant for retail or prominent commercial spaces
7. Operating Hours: Specific details about permitted operating hours, relevant for retail or specific use properties
8. Green Building Requirements: Specific environmental or sustainability requirements, included for green-certified buildings
1. Floor Plan: Detailed plan showing the exact location and layout of the proposed space
2. Commercial Terms Summary: Tabulated summary of all key commercial terms for quick reference
3. Specification Schedule: Detailed description of the property's technical specifications and facilities
4. Service Charge Budget: Estimated annual service charge breakdown if applicable
5. Building Rules and Regulations: Standard building rules and regulations that will apply to the tenancy
6. Fit-out Guidelines: Technical guidelines for any permitted tenant improvements
7. Handover Condition Report: Description or photos of the current condition of the premises
8. Required Documents List: List of documents required from the tenant for lease completion
Authors
Building
Common Areas
Base Rent
Security Deposit
Commencement Date
Term
Permitted Use
Service Charges
DEWA Charges
Chiller Charges
Business Days
Force Majeure
Fit-out Works
Handover Date
Landlord
Tenant
Building Manager
License Authority
RERA
Municipality
Lease Year
Operating Expenses
Utility Services
Parking Facilities
Building Rules
Governing Law
Working Hours
Maintenance Services
VAT
Net Leasable Area
Gross Floor Area
Property Management Company
Insurance Requirements
Break Option
Renewal Term
Proposal Validity Period
Rent Free Period
Building Systems
Signage Rights
Recitals
Definitions
Property Description
Lease Term
Rent and Payment Terms
Security Deposit
Service Charges
Utility Charges
Permitted Use
Operating Hours
Maintenance and Repairs
Insurance Requirements
Alterations and Improvements
Assignment and Subletting
Building Rules and Regulations
Access Rights
Parking Rights
Signage Rights
Property Management
Health and Safety
Environmental Compliance
Force Majeure
Governing Law
Proposal Validity
Acceptance Process
Registration Requirements
Documentation Requirements
VAT Provisions
Entire Agreement
Confidentiality
Real Estate
Retail
Professional Services
Hospitality
Healthcare
Financial Services
Technology
Education
Manufacturing
Logistics
Entertainment
Food & Beverage
Media & Communications
Real Estate
Legal
Finance
Operations
Facilities Management
Business Development
Compliance
Property Management
Corporate Services
Asset Management
Real Estate Manager
Property Manager
Commercial Director
Facilities Manager
Legal Counsel
Business Development Manager
Operations Director
Chief Financial Officer
Real Estate Broker
Leasing Manager
Asset Manager
Property Consultant
Corporate Services Manager
Expansion Manager
Real Estate Director
Compliance Officer
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