Non Exclusive Lease Agreement Template for New Zealand

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Key Requirements PROMPT example:

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."

Document background
This Non-Exclusive Lease Agreement is designed for use in New Zealand commercial property contexts where multiple tenants may share or access common spaces or facilities. It is particularly relevant in modern business environments such as coworking spaces, shared warehouses, or multi-tenant commercial buildings. The agreement incorporates essential elements required under New Zealand law, including compliance with the Property Law Act 2007, while specifically addressing the non-exclusive nature of the arrangement. This document provides comprehensive coverage of key commercial terms, including rent, maintenance obligations, insurance requirements, and shared facility arrangements, while maintaining flexibility for various commercial applications. It is structured to protect both landlord and tenant interests while facilitating efficient shared space management.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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

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 legal definitions
Clauses
Relevant Industries

Commercial Real Estate

Retail

Office Space

Industrial

Warehousing

Coworking Spaces

Manufacturing

Professional Services

Technology

Healthcare

Education

Relevant Teams

Legal

Finance

Operations

Facilities Management

Real Estate

Risk and Compliance

Property Management

Asset Management

Business Development

Administration

Relevant Roles

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

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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