Commercial Space Lease Agreement Template for Malaysia

1. Option to Purchase: Include when the tenant is given the option to purchase the property during the lease term

2. Fit-Out Works: Include when tenant is permitted to perform initial renovation or fit-out works

3. Break Clause: Include when either party is given the option to terminate early under specific conditions

4. Service Charge: Include for properties in managed buildings with common area maintenance charges

5. Guarantor Provisions: Include when a guarantor is required to secure tenant's obligations

6. Environmental Compliance: Include for properties where specific environmental regulations apply

7. Advertising and Signage: Include when specific provisions for external signage or advertising are needed

8. Exclusivity Clause: Include when tenant is granted exclusive rights to conduct certain business types in the building

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

2. Schedule 2 - Rent and Payment Schedule: Detailed breakdown of rent, escalation rates, and payment dates

3. Schedule 3 - Condition Report: Initial condition of premises with photographs and descriptions

4. Schedule 4 - Building Rules and Regulations: Specific rules and regulations for the building or complex

5. Schedule 5 - Fit-Out Guidelines: Technical specifications and requirements for any permitted renovations

6. Schedule 6 - Service Charges: Breakdown of service charges and building maintenance fees

7. Schedule 7 - Handover Inventory: List of fixtures, fittings, and equipment included in the lease

8. Appendix A - Required Licenses and Permits: List of necessary business licenses and permits required for operation