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Office Space Lease Agreement
"I need an Office Space Lease Agreement for a 2,500 sq ft single-floor office unit in Central, Hong Kong, with a 3-year term starting March 1, 2025, including standard fit-out provisions and building management terms."
1. Parties: Identifies and provides full details of the landlord and tenant, including registration numbers for companies
2. Background: Brief context about the property and the intention to create a lease
3. Definitions: Defines key terms used throughout the agreement
4. Demise: Specifies the exact premises being leased and any included facilities or services
5. Term: Details the duration of the lease, commencement date, and any option to renew
6. Rent and Payment Terms: Specifies the rent amount, payment schedule, and method of payment
7. Security Deposit: Details of the security deposit amount, payment, and conditions for return
8. Management Fees and Other Charges: Outlines additional costs including management fees, utilities, and government rates
9. Use of Premises: Permitted use of the premises and any restrictions
10. Tenant's Covenants: The tenant's obligations including maintenance, repairs, and compliance with regulations
11. Landlord's Covenants: The landlord's obligations including property maintenance and service provisions
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Restrictions and conditions for transferring or subletting the premises
14. Termination: Circumstances and procedures for early termination
15. Default and Remedies: Consequences of breach and available remedies
16. Notices: How formal notices should be given between parties
17. Governing Law: Confirms Hong Kong law governs the agreement
18. Execution: Signature blocks and execution formalities
1. Rent Free Period: Details of any rent-free period offered as an incentive, used when such arrangement is part of the commercial terms
2. Fitting Out Works: Specifications for initial renovation or fitting out works, included when premises requires renovation before occupation
3. Break Clause: Provisions allowing early termination under specific circumstances, included when parties negotiate this flexibility
4. Right of First Refusal: Tenant's right to match any offer for the premises after lease expiry, included when specifically negotiated
5. Green Lease Provisions: Environmental and sustainability requirements, included for buildings with green certifications or specific environmental policies
6. Car Parking: Details of any car parking rights, included when parking spaces are part of the lease
7. Signage Rights: Provisions regarding external or directory signage, included when relevant to tenant's business needs
8. Service Level Agreement: Specific service standards for building management, included in premium office buildings
1. Schedule 1 - Property Details: Detailed description of the premises including floor plan and measurements
2. Schedule 2 - Rent Review Mechanism: Details of any rent review provisions and calculations
3. Schedule 3 - Building Rules and Regulations: Specific rules governing the use of the building and common areas
4. Schedule 4 - Fitting Out Guidelines: Technical specifications and requirements for any tenant improvements
5. Schedule 5 - Service Charges Components: Breakdown of management fees and service charge calculations
6. Schedule 6 - Handover Condition: Detailed description of the premises condition at handover
7. Schedule 7 - Inventory of Fixtures and Fittings: List of any fixtures and fittings included in the lease
8. Appendix A - Plans and Drawings: Floor plans, location plans, and any relevant drawings
9. Appendix B - Photographic Record: Photos documenting the condition of the premises at handover
Authors
Building
Business Day
Commencement Date
Common Areas
Expiry Date
Fitting Out Period
Fitting Out Works
Government
Government Rates
Gross Floor Area
Initial Term
Land Registry
Landlord
Management Fees
Management Company
Net Floor Area
Option to Renew
Permitted Use
Premises
Property
Rent
Rent Free Period
Renewal Term
Security Deposit
Service Charges
Stamp Duty
Tenant
Term
Terminal Date
User Rules
Utilities
Working Hours
Recitals
Definitions
Demise
Term
Rent
Security Deposit
Management Fees
Utilities
Government Rates
Insurance
Permitted Use
Maintenance and Repair
Alterations and Improvements
Assignment and Subletting
Building Rules
Access Rights
Health and Safety
Environmental Compliance
Force Majeure
Default
Termination
Reinstatement
Liability
Indemnification
Quiet Enjoyment
Property Management
Common Areas
Signage Rights
Parking Rights
Notices
Dispute Resolution
Governing Law
Entire Agreement
Severability
Waiver
Costs
Registration
Execution
Real Estate
Commercial Property
Professional Services
Financial Services
Technology
Retail
Healthcare
Legal Services
Consulting
Insurance
Banking
Media & Communications
Education
Manufacturing
Legal
Finance
Operations
Facilities Management
Administration
Real Estate
Procurement
Risk & Compliance
Property Management
Business Development
Asset Management
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Facilities Manager
Office Manager
Real Estate Director
Property Manager
Legal Counsel
Operations Director
Finance Manager
Procurement Manager
Business Operations Manager
Administrative Manager
Real Estate Agent
Leasing Manager
Asset Manager
Risk Manager
Compliance Officer
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