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1. Parties: Identifies and provides full details of the landlord and tenant, including registration numbers for companies
2. Background: Brief context about the property and the intention to create a lease
3. Definitions: Defines key terms used throughout the agreement
4. Demise: Specifies the exact premises being leased and any included facilities or services
5. Term: Details the duration of the lease, commencement date, and any option to renew
6. Rent and Payment Terms: Specifies the rent amount, payment schedule, and method of payment
7. Security Deposit: Details of the security deposit amount, payment, and conditions for return
8. Management Fees and Other Charges: Outlines additional costs including management fees, utilities, and government rates
9. Use of Premises: Permitted use of the premises and any restrictions
10. Tenant's Covenants: The tenant's obligations including maintenance, repairs, and compliance with regulations
11. Landlord's Covenants: The landlord's obligations including property maintenance and service provisions
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Restrictions and conditions for transferring or subletting the premises
14. Termination: Circumstances and procedures for early termination
15. Default and Remedies: Consequences of breach and available remedies
16. Notices: How formal notices should be given between parties
17. Governing Law: Confirms Hong Kong law governs the agreement
18. Execution: Signature blocks and execution formalities
1. Rent Free Period: Details of any rent-free period offered as an incentive, used when such arrangement is part of the commercial terms
2. Fitting Out Works: Specifications for initial renovation or fitting out works, included when premises requires renovation before occupation
3. Break Clause: Provisions allowing early termination under specific circumstances, included when parties negotiate this flexibility
4. Right of First Refusal: Tenant's right to match any offer for the premises after lease expiry, included when specifically negotiated
5. Green Lease Provisions: Environmental and sustainability requirements, included for buildings with green certifications or specific environmental policies
6. Car Parking: Details of any car parking rights, included when parking spaces are part of the lease
7. Signage Rights: Provisions regarding external or directory signage, included when relevant to tenant's business needs
8. Service Level Agreement: Specific service standards for building management, included in premium office buildings
1. Schedule 1 - Property Details: Detailed description of the premises including floor plan and measurements
2. Schedule 2 - Rent Review Mechanism: Details of any rent review provisions and calculations
3. Schedule 3 - Building Rules and Regulations: Specific rules governing the use of the building and common areas
4. Schedule 4 - Fitting Out Guidelines: Technical specifications and requirements for any tenant improvements
5. Schedule 5 - Service Charges Components: Breakdown of management fees and service charge calculations
6. Schedule 6 - Handover Condition: Detailed description of the premises condition at handover
7. Schedule 7 - Inventory of Fixtures and Fittings: List of any fixtures and fittings included in the lease
8. Appendix A - Plans and Drawings: Floor plans, location plans, and any relevant drawings
9. Appendix B - Photographic Record: Photos documenting the condition of the premises at handover
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