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Business Property Lease Agreement
"I need a Business Property Lease Agreement for a retail space in Vienna's shopping district, starting March 1, 2025, with specific provisions for extended trading hours and seasonal pop-up subletting rights during Christmas and summer seasons."
1. Parties: Identification of the landlord and tenant, including full legal names, registration numbers for companies, and addresses
2. Background: Context of the lease agreement, including brief description of the property and intended commercial use
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Common Areas', 'Term', 'Permitted Use', etc.
4. Property Details: Detailed description of the leased premises, including exact location, size, and included facilities
5. Term and Commencement: Duration of the lease, commencement date, and any renewal options
6. Rent and Other Payments: Rent amount, payment schedule, deposit requirements, and indexation provisions as per Austrian law
7. Operating Costs and Utilities: Allocation of operating costs (Betriebskosten) and utility charges between parties
8. Use of Premises: Permitted commercial use, compliance with regulations, and restrictions
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and renovations of the property
10. Insurance and Liability: Required insurance coverage and allocation of liability between parties
11. Alterations and Improvements: Rules regarding modifications to the property and ownership of improvements
12. Assignment and Subletting: Conditions under which the tenant may assign or sublet the property
13. Landlord's Obligations: Specific duties and responsibilities of the landlord
14. Tenant's Obligations: Specific duties and responsibilities of the tenant
15. Termination: Grounds for termination, notice periods, and procedures as per Austrian law
16. Return of Property: Conditions for returning the property at lease end
17. Governing Law: Confirmation of Austrian law application and jurisdiction
18. Execution: Signature blocks and execution requirements
1. Break Clause: Optional early termination provisions, included when parties want flexibility to end the lease early
2. Rent-Free Period: Terms of any initial rent-free period, included when this incentive is offered
3. Service Charge: Detailed service charge provisions for multi-tenant buildings
4. Environmental Provisions: Specific environmental obligations and compliance requirements, important for industrial or specialized commercial uses
5. Trading Requirements: Specific requirements for operating hours or trading conditions, relevant for retail properties
6. Signage Rights: Provisions for external and internal signage, important for retail or branded premises
7. Parking: Specific provisions for parking spaces when included in the lease
8. Option to Purchase: Terms of any option for the tenant to purchase the property
1. Schedule 1 - Property Plan: Detailed plans and drawings of the leased premises
2. Schedule 2 - Inventory: List of any fixtures, fittings, and equipment included in the lease
3. Schedule 3 - Service Charge Items: Detailed breakdown of service charge components and calculations
4. Schedule 4 - Building Rules: Rules and regulations for the use of the building and common areas
5. Schedule 5 - Condition Report: Initial condition report of the premises
6. Schedule 6 - Permitted Alterations: Pre-approved alterations that the tenant may make
7. Schedule 7 - Operating Costs Breakdown: Detailed list of operating costs and their allocation
8. Appendix A - Required Insurances: Detailed specifications of required insurance coverage
9. Appendix B - Handover Protocol: Template for property handover documentation
Authors
Real Estate
Retail
Manufacturing
Professional Services
Hospitality
Technology
Healthcare
Financial Services
Logistics
Education
Entertainment
Industrial
Food and Beverage
Automotive
Construction
Legal
Real Estate
Facilities Management
Operations
Finance
Risk Management
Compliance
Property Management
Asset Management
Business Development
Administration
Procurement
Corporate Services
Real Estate Manager
Property Manager
Facilities Manager
Business Owner
Chief Financial Officer
Chief Operating Officer
Legal Counsel
Commercial Director
Operations Manager
Asset Manager
Leasing Manager
Real Estate Director
Compliance Officer
Risk Manager
Business Development Manager
Store Manager
Regional Manager
Property Administrator
Contract Manager
Finance Director
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