10 Year Lease Agreement Template for India

1. Lock-in Period: Specific period during which the lease cannot be terminated, used when parties want to ensure minimum tenure

2. Fit-out Period: Terms regarding initial renovation period, relevant for commercial properties requiring customization

3. Green Lease Provisions: Environmental and sustainability obligations, used for eco-friendly buildings

4. Service Level Agreement: Maintenance standards and response times, typically for commercial properties

5. Right of First Refusal: Tenant's right to match purchase offers, included if property sale is contemplated

6. Expansion Rights: Terms for leasing additional space, relevant for commercial properties

7. Signage Rights: Terms for external building signage, important for commercial tenants

8. Common Area Usage: Rules for shared facilities, relevant for properties in complexes or buildings

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

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments and escalation over 10 years

3. Schedule 3 - Inventory: List of fixtures, fittings, and furniture included in the lease

4. Schedule 4 - Handover Protocol: Condition of property at time of possession and return

5. Schedule 5 - House Rules: Building regulations and guidelines if part of larger complex

6. Appendix A - Required Approvals: Copies of necessary permits and approvals

7. Appendix B - Insurance Requirements: Detailed insurance specifications

8. Appendix C - Maintenance Schedule: Periodic maintenance responsibilities and schedules