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Simple Shop Rental Agreement
"I need a Simple Shop Rental Agreement for a bakery business in a shopping mall in Kuala Lumpur, with a 3-year term starting March 1, 2025, including specific provisions for food preparation premises and early morning operating hours."
1. Parties: Identifies and provides full details of the landlord and tenant, including registration numbers for companies or NRIC for individuals
2. Background: Brief context about the property and purpose of the rental agreement
3. Definitions: Defines key terms used throughout the agreement
4. Demised Premises: Detailed description of the rented property, including its address and boundaries
5. Term and Possession: Duration of the lease, commencement date, and possession details
6. Rental and Payment Terms: Monthly rental amount, payment method, due dates, and security deposit details
7. Utility Charges: Responsibilities for payment of utilities, including electricity, water, and other services
8. Use of Premises: Permitted use of the shop premises and any restrictions
9. Maintenance and Repairs: Responsibilities of landlord and tenant for maintaining and repairing the premises
10. Insurance: Requirements for insurance coverage by both parties
11. Default and Termination: Circumstances constituting default and procedures for termination
12. Governing Law: Confirms Malaysian law as governing law and jurisdiction
1. Option to Renew: Terms for lease renewal, used when parties want to include the possibility of extending the lease
2. Renovation and Alterations: Terms for making changes to the premises, included when tenant requires significant modifications
3. Assignment and Subletting: Rules regarding transfer of lease or subletting, included when these activities need to be specifically addressed
4. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID
5. Break Clause: Early termination provisions, included when parties want flexibility to end the lease early
6. Guarantor: Details of guarantor and their obligations, used when additional security is required
7. Trading Name and Signage: Rules about business naming and signage, important for retail premises
8. Common Areas: Rights and obligations regarding shared spaces, relevant for shops in shopping complexes
1. Schedule 1 - Property Details: Detailed description of the property including floor plans and measurements
2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included in the rental
3. Schedule 3 - House Rules: Building or complex rules and regulations if applicable
4. Schedule 4 - Rental Payment Schedule: Detailed breakdown of rental payments, including revision dates if applicable
5. Appendix A - Handover Form: Condition report of premises at handover
6. Appendix B - Permitted Modifications: Approved alterations or renovations if any
Authors
Commencement Date
Expiry Date
Term
Rental
Security Deposit
Business Day
Common Areas
Identity Card
Permitted Use
Building
Service Charges
Utilities
Landlord
Tenant
Working Hours
Base Rent
Lease Year
Maintenance Charges
Property Manager
Building Rules
Fixtures
Fitting Out Works
Insurance
Payment Date
Interest Rate
Notice
Stamp Duty
Tenancy Period
Utility Deposits
Term of Lease
Rental and Payment
Security Deposit
Utilities and Service Charges
Use of Premises
Maintenance and Repairs
Insurance
Assignment and Subletting
Alterations and Improvements
Landlord's Covenants
Tenant's Covenants
Default and Remedies
Termination
Force Majeure
Indemnification
Access Rights
Quiet Enjoyment
Notices
Governing Law
Common Areas
Operating Hours
Signage and Advertisement
Health and Safety
Fire Safety
Environmental Compliance
Security
Yielding Up
Dispute Resolution
Severability
Retail
Real Estate
Commercial Property
Shopping Centers
Food & Beverage
Fashion & Apparel
Professional Services
Small Business
Property Management
Legal Services
Legal
Property Management
Real Estate
Operations
Facilities
Compliance
Asset Management
Retail Operations
Commercial Leasing
Administrative
Property Manager
Retail Operations Manager
Legal Counsel
Real Estate Agent
Business Owner
Franchise Manager
Leasing Executive
Commercial Property Officer
Compliance Manager
Facilities Manager
Store Manager
Asset Manager
Property Administrator
Retail Development Manager
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