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Commercial Space Lease Agreement
"I need a Commercial Space Lease Agreement for a retail space in Brussels, starting March 1, 2025, with specific provisions for 24/7 operations and requirements for installing specialized refrigeration equipment."
1. Parties: Identification of landlord and tenant with full legal details including registration numbers
2. Background: Context of the lease agreement and brief description of the property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased premises including address, size, and permitted use
5. Term and Renewal: Duration of lease (minimum 9 years under Belgian law) and renewal conditions
6. Rent and Payment Terms: Rent amount, payment schedule, indexation, and payment methods
7. Charges and Taxes: Distribution of charges, utilities, and taxes between parties
8. Security Deposit: Amount and form of security deposit and conditions for return
9. Use of Premises: Permitted commercial activities and restrictions on use
10. Maintenance and Repairs: Responsibilities of each party for maintenance, repairs, and improvements
11. Insurance: Required insurance coverage for both parties
12. Assignment and Subletting: Conditions for assignment and subletting rights
13. Termination: Grounds and procedures for early termination
14. Registration: Obligations regarding official registration of the lease
15. Governing Law: Confirmation of Belgian law application and jurisdiction
16. Signatures: Execution blocks for all parties
1. Environmental Provisions: Required when the property has specific environmental concerns or requirements
2. Alterations and Improvements: Include when tenant is permitted to make significant modifications to the premises
3. Trading Name and Signage: Necessary when specific arrangements for external signage or branding are required
4. Break Clause: Optional early termination rights beyond those provided by law
5. Service Charge Provisions: Required for multi-tenant buildings with shared services
6. Green Lease Provisions: Include when parties agree to specific environmental sustainability commitments
7. Parking: Include when parking spaces are part of the lease
8. Covid-19 or Force Majeure Provisions: Specific provisions for pandemic or other force majeure situations
1. Floor Plan: Detailed plans showing the leased area and measurements
2. Inventory: List of fixtures, fittings, and equipment included in the lease
3. State of Delivery Report: Detailed description of the property condition at the start of the lease
4. Technical Specifications: Technical details of building systems and installations
5. House Rules: Building regulations and procedures for multi-tenant properties
6. Environmental Performance Certificate: Mandatory energy performance documentation
7. Service Charge Budget: Breakdown of estimated service charges for the first year
8. Permitted Alterations: Specifications of allowed modifications to the premises
Authors
Retail
Office Space
Industrial
Hospitality
Healthcare
Professional Services
Manufacturing
Logistics
Technology
Entertainment
Education
Financial Services
Legal
Real Estate
Facilities Management
Operations
Finance
Risk & Compliance
Property Management
Business Development
Administrative Services
Real Estate Manager
Property Manager
Facilities Director
Legal Counsel
Commercial Director
Business Development Manager
Operations Manager
Chief Financial Officer
Lease Administrator
Asset Manager
Risk Manager
Compliance Officer
Real Estate Agent
Property Consultant
Store Manager
Regional Manager
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