Master Lease Agreement Template for Hong Kong

1. Break Clause: Early termination options - include when flexibility is needed for either party to end the lease early

2. Fit-out Works: Provisions for initial tenant improvements - include when premises require modification

3. Green Lease Provisions: Environmental and sustainability requirements - include for green buildings or when parties have environmental commitments

4. Property Management: Building management provisions - include for multi-tenant buildings

5. Force Majeure: Provisions for unforeseen circumstances - include when specific risk allocation is needed

6. Guarantor Provisions: Terms relating to lease guarantors - include when tenant requires a guarantor

7. Option to Purchase: Tenant's right to purchase - include when landlord is willing to sell

8. Exclusivity Provisions: Restrictions on letting to competitors - include for retail or commercial premises

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

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent, including step-ups if applicable

3. Schedule 3 - Service Charges: List of service charges and calculation methodology

4. Schedule 4 - Condition Report: Initial condition of the premises with photographs

5. Schedule 5 - Permitted Use: Detailed description of allowed uses of the premises

6. Schedule 6 - Building Rules: Building regulations and operational requirements

7. Appendix A - Plans: Floor plans, location plans, and any relevant drawings

8. Appendix B - Fit-out Guidelines: Technical specifications for any permitted alterations

9. Appendix C - Handover Protocol: Procedures for initial handover and final surrender