Simple Space Rental Agreement Template for Hong Kong

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Key Requirements PROMPT example:

Simple Space Rental Agreement

"I need a Simple Space Rental Agreement for a retail space in Causeway Bay, Hong Kong, starting from March 1, 2025, with specific provisions for shop front signage rights and early termination option after 12 months."

Document background
The Simple Space Rental Agreement is a fundamental legal document used in Hong Kong for establishing rental arrangements between property owners and occupants. This document is particularly suitable for straightforward commercial and residential space rentals where standard terms and conditions apply. The agreement incorporates key requirements under Hong Kong law, including provisions from the Landlord and Tenant (Consolidation) Ordinance, while maintaining clarity and usability for non-legal professionals. It covers essential aspects such as rental terms, payment schedules, maintenance obligations, and termination procedures, making it suitable for various types of spaces from office units to retail outlets. The document is designed to protect both landlord and tenant interests while ensuring compliance with local property regulations and stamping requirements.
Suggested Sections

1. Parties: Identification of the landlord and tenant with full legal names and addresses

2. Background: Brief context of the rental arrangement and property ownership

3. Definitions: Key terms used throughout the agreement

4. Premises: Detailed description of the rental space including address and specified areas

5. Term: Duration of the lease, commencement date, and expiry date

6. Rent and Payment: Rental amount, payment schedule, and payment methods

7. Deposit: Security deposit amount, terms of holding and return conditions

8. Use of Premises: Permitted use of the space and any restrictions

9. Utilities and Charges: Responsibility for utilities, management fees, and other charges

10. Maintenance and Repairs: Responsibilities of each party for maintenance and repairs

11. Insurance: Required insurance coverage for both parties

12. Termination: Conditions and procedures for early termination

13. Governing Law: Specification of Hong Kong law as governing law

14. Execution: Signature blocks and execution details

Optional Sections

1. Fit-out Works: Details of any permitted renovations or modifications - include when tenant needs to make alterations

2. Option to Renew: Terms for lease renewal - include when offering renewal options

3. Break Clause: Conditions for early termination - include for longer term leases

4. Assignment and Subletting: Rights and restrictions regarding subletting - include for commercial spaces

5. Building Rules: Specific building regulations - include for premises in managed buildings

6. Special Conditions: Any unique requirements or agreements - include when there are property-specific conditions

7. Car Parking: Parking space allocation and terms - include when parking is provided

Suggested Schedules

1. Schedule 1 - Floor Plan: Detailed plan showing the rented space and its boundaries

2. Schedule 2 - Inventory List: List of furniture, fixtures, and equipment included in the rental

3. Schedule 3 - House Rules: Building management rules and regulations

4. Schedule 4 - Utility Readings: Initial utility meter readings at handover

5. Appendix A - Handover Form: Condition report of the premises at the start of tenancy

6. Appendix B - Fit-out Guidelines: Technical specifications for any permitted renovations

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Real Estate

Retail

Office Space

Food & Beverage

Professional Services

Education

Healthcare

Technology

Creative Industries

Manufacturing

Logistics

Entertainment

Relevant Teams

Legal

Operations

Facilities Management

Finance

Administration

Compliance

Real Estate

Property Management

Business Development

Asset Management

Relevant Roles

Property Manager

Facility Manager

Real Estate Agent

Business Owner

Operations Manager

Legal Counsel

Company Secretary

Finance Manager

Administrative Officer

Compliance Officer

Leasing Manager

Asset Manager

Branch Manager

Regional Director

Business Development Manager

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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