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Office Tenancy Agreement
"I need an Office Tenancy Agreement for a tech startup leasing two floors in a Grade A building in Central, Hong Kong, with specific provisions for 24/7 access and extensive IT infrastructure modifications, starting March 1, 2025."
1. Parties: Identification of the landlord and tenant with full legal names and addresses
2. Background: Context of the agreement and brief description of the premises
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: The formal grant of the lease, specifying the premises being leased
5. Term: Duration of the lease, including commencement and expiry dates
6. Rent and Payment Terms: Rent amount, payment frequency, and method of payment
7. Management Fees and Other Charges: Additional charges including management fees, utilities, and other outgoings
8. Deposit and Advanced Payments: Security deposit requirements and any advance rent payments
9. Use of Premises: Permitted use of the premises and any restrictions
10. Tenant's Covenants: Obligations of the tenant including maintenance, repair, and compliance with regulations
11. Landlord's Covenants: Obligations of the landlord including quiet enjoyment and building maintenance
12. Insurance: Insurance requirements for both parties
13. Assignment and Subletting: Restrictions on transfer of the lease or subletting
14. Termination: Circumstances under which the lease can be terminated and the process
15. Reinstatement: Requirements for returning the premises at the end of the lease
16. Notices: How formal notices should be given between parties
17. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
1. Option to Renew: Terms for lease renewal, used when offering tenant the right to extend the lease
2. Rent Review: Mechanism for adjusting rent during the term, used for longer leases
3. Fit-out Works: Regulations for initial fit-out, used when tenant will perform substantial modifications
4. Break Clause: Early termination rights, used when parties want flexibility to end lease early
5. Service Charge Provisions: Detailed service charge calculations, used in buildings with extensive shared services
6. Car Parking: Rights and regulations for car parking, used when parking spaces are included
7. Signage Rights: Provisions for external signage, used when tenant requires building signage
8. Shared Facilities: Rules for shared areas like conference rooms, used in business centers or shared offices
9. Green Lease Provisions: Environmental obligations, used when building has green certification requirements
1. Schedule 1 - Floor Plan: Detailed plan showing the leased premises and common areas
2. Schedule 2 - Inventory: List of any fixtures, fittings or furniture included in the lease
3. Schedule 3 - Building Rules and Regulations: Detailed building management rules and regulations
4. Schedule 4 - Fit-out Guidelines: Technical specifications and requirements for any fit-out works
5. Schedule 5 - Service Charge Components: Breakdown of service charge items and calculation method
6. Schedule 6 - Handover Condition: Detailed description or photos of premises condition at handover
7. Schedule 7 - Maintenance Responsibilities: Matrix showing landlord and tenant maintenance obligations
8. Appendix A - Special Conditions: Any special or negotiated terms specific to this tenancy
9. Appendix B - Forms: Standard forms for fit-out applications, contractor registration, etc.
Authors
Grant of Lease
Term
Rent
Security Deposit
Management Fees
Utilities
Use Restrictions
Assignment and Subletting
Alterations and Improvements
Maintenance and Repair
Insurance
Building Rules
Access Rights
Quiet Enjoyment
Default and Remedies
Force Majeure
Termination
Reinstatement
Common Areas
Building Services
Signage Rights
Health and Safety
Environmental Compliance
Indemnification
Liability
Notices
Dispute Resolution
Governing Law
Registration
Stamp Duty
Entire Agreement
Severability
Waiver
Costs
Service of Process
Real Estate
Commercial Property
Professional Services
Financial Services
Technology
Retail Corporate
Healthcare
Manufacturing Corporate
Legal Services
Construction
Property Management
Insurance
Telecommunications
Legal
Finance
Operations
Facilities
Real Estate
Procurement
Risk & Compliance
Administration
Corporate Services
Property Management
Chief Executive Officer
Chief Financial Officer
Facilities Manager
Property Manager
Real Estate Director
Legal Counsel
Operations Manager
Office Manager
Company Secretary
Finance Director
Commercial Director
Procurement Manager
Risk Manager
Compliance Officer
Property Lawyer
Corporate Lawyer
Building Manager
Asset Manager
Real Estate Investment Manager
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