Ground Lease Agreement Template for Hong Kong

1. Development Obligations: Required where the lessee must develop the land according to specific requirements

2. Environmental Matters: For properties with environmental concerns or specific environmental obligations

3. Rights of First Refusal: Optional provisions giving either party priority rights for future transactions

4. Special Use Restrictions: For properties subject to specific zoning or usage limitations

5. Government Lease Conditions: Where specific government lease conditions need to be incorporated

6. Profit Sharing: For arrangements where the lessor shares in the profits of the lessee's operations

7. Heritage Preservation: For properties with historical or cultural significance requiring preservation

8. Public Access Rights: Where public access must be maintained through or to parts of the property

1. Property Description: Detailed legal description of the land, including boundaries and area

2. Site Plans: Survey plans, location maps, and other relevant drawings

3. Rent Schedule: Detailed breakdown of rent calculations and review mechanisms

4. Permitted Uses: Comprehensive list of permitted activities and use restrictions

5. Development Requirements: Technical specifications for any required development or construction

6. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements

7. Environmental Reports: Any relevant environmental assessments or reports

8. Form of Direct Agreement: Standard form for agreements with financial institutions or major subtenants

9. Maintenance Standards: Detailed maintenance and repair obligations