Memorandum Of Lease Agreement Template for Hong Kong

1. Break Clause: Optional early termination rights - include when early termination flexibility is needed

2. Rent Free Period: Details of any rent-free period - include when this commercial term is agreed

3. Fit-out Works: Provisions regarding tenant's initial fitting out - include when premises require modification

4. Option to Renew: Terms for lease renewal - include when renewal rights are granted

5. Service Charge Provisions: Detailed service charge calculations - include for properties with significant common areas

6. Green Lease Provisions: Environmental and sustainability requirements - include for green buildings or when parties require

7. COVID-19/Force Majeure Provisions: Special provisions for pandemics or force majeure - include based on risk assessment

8. Car Parking: Rights and terms for parking - include when parking spaces are part of the lease

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

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, including any stepped rent increases

3. Schedule 3 - Condition Schedule: Description of the condition of the premises at commencement, often with photographs

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

5. Schedule 5 - Fitting Out Guide: Technical specifications and requirements for any fit-out works

6. Schedule 6 - Inventory: List of any fixtures, fittings or furniture included in the lease

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

8. Appendix B - Handover Inspection Form: Template for recording property condition at handover