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1. Parties: Identification of the landlord and tenant with full legal names and addresses
2. Background: Brief context of the lease arrangement and property ownership
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Formal grant of the lease and precise description of the leased premises
5. Term: Duration of the lease, including start and end dates
6. Rent and Payment Terms: Rent amount, payment schedule, and method of payment
7. Rent Review: Provisions for periodic rent reviews during the 5-year term
8. Service Charges: Tenant's obligations for building service charges and management fees
9. Deposit: Security deposit requirements and terms for return
10. Use of Premises: Permitted use of the property and any restrictions
11. Tenant's Covenants: Tenant's obligations including maintenance, repairs, and compliance with regulations
12. Landlord's Covenants: Landlord's obligations including structural repairs and insurance
13. Insurance: Insurance requirements for both parties
14. Assignment and Subletting: Restrictions and conditions for transfer of lease or subletting
15. Termination: Circumstances and procedures for lease termination
16. Yielding Up: Conditions for returning the premises at lease end
17. Notices: Process for serving formal notices between parties
18. Governing Law: Confirmation of Hong Kong law as governing law
1. Break Clause: Optional provision allowing early termination under specific conditions
2. Fit-out Works: Terms for initial tenant improvements or modifications
3. Air Conditioning: Specific provisions for air conditioning services and charges
4. Signage Rights: Terms for external or internal signage installation and maintenance
5. Car Parking: Allocation and terms of car parking spaces if applicable
6. Green Lease Provisions: Environmental and sustainability requirements
7. Additional Security: Requirements for bank guarantees or personal guarantees
8. Option to Renew: Terms for lease renewal after the initial 5-year term
9. Quiet Enjoyment: Enhanced provisions for tenant's undisturbed use
10. Force Majeure: Provisions for unforeseen circumstances affecting lease obligations
1. Schedule 1 - Property Description: Detailed description of the premises including floor plans and measurements
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments and review dates
3. Schedule 3 - Service Charge Components: Itemized list of service charge inclusions and calculations
4. Schedule 4 - Condition Report: Initial condition of the premises with photographs
5. Schedule 5 - Building Rules and Regulations: Specific rules governing the use of the building
6. Schedule 6 - Fit-out Guidelines: Technical specifications for permitted alterations
7. Schedule 7 - Handover Inventory: List of fixtures, fittings, and equipment included in the lease
8. Appendix A - Plans: Floor plans and location maps
9. Appendix B - Maintenance Schedule: Schedule of maintenance responsibilities
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