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The Office Lease Agreement is a crucial document used when a business entity seeks to lease commercial office space in the United Arab Emirates. It establishes the legal framework for the landlord-tenant relationship, incorporating requirements from UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property regulations. This agreement covers essential aspects including rent terms, security deposits, maintenance responsibilities, service charges, and specific UAE compliance requirements such as trade license obligations and municipality approvals. It's particularly important in the UAE context due to specific local requirements for commercial property usage, RERA registration in certain emirates, and the need to align with Islamic banking principles where applicable.

1. Parties: Identification of the Landlord and Tenant, including full legal names, licenses, and contact details

2. Background: Brief context of the lease arrangement and property ownership

3. Definitions: Key terms used throughout the agreement, including Property, Permitted Use, Term, and Rent

4. Demise: Formal grant of lease and description of the leased premises

5. Term: Duration of lease, commencement date, and expiry date

6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and late payment consequences

7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit

8. Service Charges: Additional charges for building services, maintenance, and common areas

9. Utilities and Services: Responsibility for connection and payment of utilities

10. Use of Premises: Permitted business activities and restrictions on use

11. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance and repairs

12. Insurance: Required insurance coverage for both parties

13. Assignment and Subletting: Restrictions and conditions for transferring or sharing the premises

14. Landlord's Covenants: Obligations and warranties of the landlord

15. Tenant's Covenants: Obligations and warranties of the tenant

16. Termination: Grounds for termination and procedure

17. Handover: Conditions and procedures for returning the premises

18. Notices: Method and addresses for formal communications

19. Governing Law and Jurisdiction: Application of UAE law and jurisdiction for disputes

20. Execution: Signature blocks and execution requirements