This Weekly Rental Agreement template is designed for use in Hong Kong's dynamic property market where short-term rental arrangements are common. It serves various purposes including temporary accommodation for business travelers, tourists, students, or individuals requiring flexible housing solutions. The agreement incorporates all essential elements required under Hong Kong law, particularly the Landlord and Tenant (Consolidation) Ordinance, while maintaining flexibility for different property types and rental situations. It includes provisions for weekly rent collection, security deposits, utilities, maintenance, and early termination, making it suitable for both residential and commercial properties. The document is structured to protect both landlord and tenant interests while ensuring clarity and enforceability under Hong Kong jurisdiction.
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1. Parties: Identification and details of the landlord and tenant, including full names, identification numbers, and contact information
2. Background: Brief context explaining the purpose of the weekly rental arrangement
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Rental Period', 'Rental Fee', etc.
4. Property Details: Specific description and address of the rental property, including any included furnishings or facilities
5. Term and Renewal: Duration of the weekly rental and conditions for renewal or extension
6. Rental Fee and Payment: Weekly rental amount, payment method, due date, and late payment consequences
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Utilities and Charges: Responsibility for utility payments and other charges
9. Use of Property: Permitted use of the property and occupancy restrictions
10. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs
11. Access and Inspection: Landlord's rights to access the property and conduct inspections
12. Termination: Conditions and procedures for early termination by either party
13. Governing Law: Specification that Hong Kong law governs the agreement
14. Execution: Signature blocks and execution details
1. House Rules: Specific rules for the property, particularly relevant for properties in shared buildings or complexes
2. Furniture and Inventory: Detailed list of furnished items, to be included when property is rented furnished
3. Special Conditions: Any unique terms specific to the property or arrangement
4. Insurance Requirements: Insurance obligations of either party, if applicable
5. Subletting Prohibition: Explicit prohibition of subletting, if required
6. Pet Policy: Terms regarding pets, if relevant
7. Building Management: Compliance with building management rules, relevant for properties in managed buildings
1. Schedule 1 - Property Inventory: Detailed list of all furnishings, appliances, and items included in the rental
2. Schedule 2 - Property Condition Report: Documentation of property condition at commencement of rental
3. Schedule 3 - House Rules: Detailed building or property rules and regulations
4. Schedule 4 - Utility Reading Form: Initial utility meter readings at commencement of rental
5. Appendix A - Emergency Contact Information: List of emergency contacts, including property manager, maintenance services
6. Appendix B - Payment Schedule: Detailed breakdown of payment dates and amounts
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Property Management
Hospitality
Tourism
Corporate Housing
Serviced Apartments
Student Housing
Short-term Accommodation
Property Investment
Relevant Teams
Legal
Real Estate
Property Management
Facilities Management
Compliance
Operations
Asset Management
Tenant Relations
Administration
Risk Management
Relevant Roles
Property Manager
Real Estate Agent
Leasing Manager
Housing Officer
Facilities Manager
Property Administrator
Legal Counsel
Compliance Officer
Tenant Relations Manager
Asset Manager
Property Investment Manager
Short-term Rental Coordinator
Accommodation Manager
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