Exclusive Lease Agreement Template for Pakistan

1. Fit-out Works: Details of any modifications or improvements to be made to the property, used when initial renovations are required

2. Force Majeure: Provisions for unforeseen circumstances preventing performance, particularly relevant in uncertain markets

3. Environmental Matters: Environmental obligations and compliance requirements, important for industrial or commercial properties

4. Option to Purchase: Terms for potential purchase of the property by lessee, included when agreed as part of the deal

5. Exclusive Use Provisions: Restrictions on lessor leasing nearby properties to competitors, relevant for commercial leases

6. Break Clause: Provisions allowing early termination under specific circumstances

7. Guarantee: Details of any third-party guarantee, used when additional security is required

8. Service Charges: For properties with common areas or shared services, detailing service charge calculations and payments

1. Property Description: Detailed description of the leased property including boundaries, measurements, and plans

2. Rent Payment Schedule: Detailed breakdown of rent payments, including escalation rates if applicable

3. Inventory: List of fixtures, fittings, and equipment included in the lease

4. Building Rules and Regulations: Specific rules governing the use of the property

5. Maintenance Schedule: Detailed breakdown of maintenance responsibilities

6. Form of Rent Demand: Template for formal rent demands as required by local law

7. Permitted Alterations: Specifications of allowed modifications to the property

8. Handover Condition Report: Detailed description of property condition at commencement of lease