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Non Exclusive Lease Agreement
"I need a Non-Exclusive Lease Agreement for a coworking space in Auckland CBD, starting from March 2025, that will allow multiple tech startups to share common areas and meeting rooms while having designated desk spaces, with specific provisions for 24/7 access and shared internet infrastructure."
1. Parties: Identification and details of the landlord and tenant
2. Background: Context of the agreement and brief description of the premises
3. Definitions and Interpretation: Definitions of key terms and rules for interpreting the agreement
4. Grant of Lease: Core terms of the lease including premises description, term, and non-exclusive nature
5. Rent and Operating Expenses: Rent amount, payment terms, review mechanisms, and operating expense obligations
6. Security Deposit: Details of bond or security deposit requirements and conditions
7. Use of Premises: Permitted use of the premises and any restrictions
8. Maintenance and Repairs: Responsibilities for maintenance, repairs, and alterations
9. Insurance: Insurance requirements for both parties
10. Default and Remedies: Consequences of breach and available remedies
11. Assignment and Subletting: Conditions for assignment or subletting of the premises
12. Access and Quiet Enjoyment: Landlord's access rights and tenant's right to quiet enjoyment
13. Termination: Grounds and process for termination of the lease
14. General Provisions: Standard boilerplate clauses including notices, governing law, etc.
15. Execution: Signature blocks and execution details
1. Fit-out Works: Details of any tenant fit-out works - include when premises require modification
2. Common Areas: Rights and obligations regarding shared facilities - include for multi-tenancy buildings
3. Green Lease Provisions: Environmental and sustainability requirements - include for environmentally conscious parties
4. Car Parking: Allocation and terms of car parking - include when parking is available
5. Building Rules: Specific building rules and regulations - include for managed buildings
6. Guarantees: Personal or bank guarantees - include when additional security is required
7. Option to Renew: Terms for lease renewal - include when renewal options are offered
1. Schedule 1 - Premises Plan: Detailed plan showing the leased premises and any exclusive/non-exclusive areas
2. Schedule 2 - Rent Schedule: Detailed breakdown of rent, including any stepped increases
3. Schedule 3 - Operating Expenses: List of operating expenses and allocation methodology
4. Schedule 4 - Condition Report: Detailed report on the condition of the premises at commencement
5. Schedule 5 - Building Rules: Detailed building rules and regulations
6. Schedule 6 - Fit-out Specifications: Technical specifications for any approved fit-out works
7. Appendix A - Guarantor Deed: Form of guarantee if required
Authors
Building
Business Day
Commencement Date
Common Areas
Expiry Date
Fair Wear and Tear
GST
Initial Term
Landlord's Fixtures
Lease
Operating Expenses
Outgoings
Permitted Use
Premises
Rent
Rent Payment Date
Rent Review Date
Security Deposit
Services
Shared Facilities
Term
Tenant's Fixtures
Working Hours
Base Building
Building Manager
Building Rules
Default Rate
Force Majeure Event
Guarantor
Lease Year
Managing Agent
Non-Exclusive Areas
Occupier
Other Tenants
Payment Quarter
Renewal Period
Review Period
Schedule of Condition
Service Charges
Utilities
Term and Renewal
Rent
Operating Expenses
Security Deposit
Permitted Use
Non-Exclusive Rights
Common Areas
Maintenance and Repairs
Alterations and Improvements
Insurance
Utilities and Services
Access Rights
Quiet Enjoyment
Assignment and Subletting
Default and Remedies
Termination
Force Majeure
Building Rules
Health and Safety
Environmental Compliance
Indemnification
Guarantees
Notices
Dispute Resolution
Governing Law
Confidentiality
Entire Agreement
Severability
Variation
Good Faith
Costs
GST and Taxes
Compliance with Laws
Property Manager Rights
Emergency Procedures
Signage Rights
Car Parking
Operating Hours
Yield Up
Commercial Real Estate
Retail
Office Space
Industrial
Warehousing
Coworking Spaces
Manufacturing
Professional Services
Technology
Healthcare
Education
Legal
Finance
Operations
Facilities Management
Real Estate
Risk and Compliance
Property Management
Asset Management
Business Development
Administration
Property Manager
Facilities Manager
Real Estate Manager
Commercial Lawyer
Legal Counsel
Operations Manager
Chief Financial Officer
Business Development Manager
Asset Manager
Lease Administrator
Commercial Director
Property Portfolio Manager
Risk Manager
Compliance Officer
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