1. Parties: Identifies and provides full details of the landlord/lessor and tenant/lessee, including registration details for companies
2. Background: Provides context for the lease agreement, including brief description of the property and intended use
3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent ambiguity
4. Demise: Specifies the property being leased and the landlord's agreement to lease it to the tenant
5. Term and Renewal: States the duration of the lease and any renewal options
6. Rent and Payment Terms: Details the rent amount, payment schedule, and method of payment
7. Security Deposit: Specifies the security deposit amount, terms of holding, and conditions for refund
8. Permitted Use: Defines the authorized commercial activities that can be conducted on the premises
9. Maintenance and Repairs: Outlines responsibilities for property maintenance and repairs
10. Utilities and Operating Expenses: Specifies responsibility for utility payments and other operating costs
11. Insurance: Details required insurance coverage for both parties
12. Alterations and Improvements: States conditions for making changes to the property
13. Assignment and Subletting: Specifies conditions under which the tenant may assign or sublet the property
14. Landlord's Covenants: Lists the landlord's obligations and warranties
15. Tenant's Covenants: Lists the tenant's obligations and warranties
16. Default and Remedies: Describes events of default and available remedies
17. Termination: Details circumstances and procedures for lease termination
18. Governing Law: Specifies that Pakistani law governs the agreement
19. Notices: Provides procedure for serving formal notices between parties
20. Entire Agreement: Confirms the agreement represents the complete understanding between parties
