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1. Parties: Identification of the landlord and tenant with full legal names and addresses
2. Background: Context of the lease agreement and brief description of the premises
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Formal grant of the lease, specifying the premises and term
5. Rent and Payment Terms: Rent amount, payment schedule, review mechanisms, and payment methods
6. Deposit and Advanced Payments: Details of security deposit and any advance rent requirements
7. Tenant Covenants: Tenant's obligations including maintenance, repair, usage restrictions, and compliance with regulations
8. Landlord Covenants: Landlord's obligations including structural repairs, insurance, and quiet enjoyment
9. Insurance: Insurance requirements for both parties
10. Assignment and Subletting: Conditions and restrictions on transfer of lease or subletting
11. Termination: Grounds for termination, notice requirements, and consequences
12. Renewal: Terms and conditions for lease renewal
13. Yielding Up: Conditions for returning the premises at lease end
14. Notices: Process for serving formal notices between parties
15. Governing Law: Confirmation of Hong Kong law governance and jurisdiction
1. Break Clause: Optional early termination rights - include if agreed by parties
2. Service Charge: Include if premises are part of a larger building with shared services
3. Green Lease Provisions: Environmental and sustainability obligations - include if parties agree to green initiatives
4. Rent Free Period: Include if any initial rent-free period is agreed
5. Alterations and Improvements: Include detailed provisions if tenant is permitted to make significant changes
6. Building Management: Include if premises are part of a managed building
7. Force Majeure: Include specific provisions for unforeseen circumstances, particularly relevant post-COVID
8. Guarantor Provisions: Include if a guarantor is required for the tenant's obligations
1. Schedule 1 - Property Description: Detailed description of premises including floor plans and boundaries
2. Schedule 2 - Rent Review Provisions: Detailed mechanism for periodic rent reviews
3. Schedule 3 - Service Charge Provisions: Breakdown of service charge calculations and included services
4. Schedule 4 - Condition Schedule: Detailed condition report of the premises at lease commencement
5. Schedule 5 - Permitted Use: Detailed description of allowed business activities and use restrictions
6. Schedule 6 - Fitting Out Guidelines: Specifications for tenant's initial fitting out works
7. Appendix A - Plans: Floor plans, location plans, and any relevant drawings
8. Appendix B - Inventory: List of landlord's fixtures and fittings included in the lease
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