5 Year Commercial Lease Agreement Template for Hong Kong

1. Break Clause: Early termination options - include when early termination flexibility is required

2. Rent-Free Period: Terms of any rent-free period - include when initial fitting out period is granted

3. Option to Renew: Terms for lease renewal - include when renewal rights are negotiated

4. Turnover Rent: Additional rent based on tenant's turnover - include for retail premises

5. Building Name Rights: Rights to use building name/signage - include for significant tenants

6. Exclusive Use: Exclusivity provisions - include when tenant requires protection from competing businesses

7. Green Lease Provisions: Environmental sustainability requirements - include for green buildings

8. Pandemic Clause: Provisions for force majeure events - include based on risk assessment

9. Guarantor Provisions: Terms of guarantee - include when tenant covenant strength requires enhancement

1. Schedule 1 - Property Description: Detailed description of premises including floor plans and measurements

2. Schedule 2 - Rent Review Provisions: Detailed mechanism for rent reviews including dates and calculation methods

3. Schedule 3 - Service Charge Items: Comprehensive list of services covered by management charges

4. Schedule 4 - Building Rules and Regulations: Specific rules governing use of premises and common areas

5. Schedule 5 - Fit-out Guidelines: Technical specifications and requirements for premises alterations

6. Schedule 6 - Condition Survey: Initial condition report of premises with photographs

7. Schedule 7 - Handover Condition: Required condition for premises return at lease end

8. Appendix A - Plans: Floor plans, location plans, and building plans

9. Appendix B - Specifications: Technical specifications of building systems and facilities