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Basement Rental Agreement
"I need a Basement Rental Agreement for a 100-square-meter commercial storage space in Jakarta, to be leased to a retail company starting March 1, 2025, with specific provisions for moisture control and 24/7 access."
1. Parties: Identification of the landlord and tenant with complete legal names and addresses
2. Background: Context of the agreement and brief description of the basement property
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the basement space, including exact location and included facilities
5. Term and Renewal: Duration of the rental agreement and conditions for renewal
6. Rent and Security Deposit: Rental amount, payment terms, security deposit details, and payment methods
7. Utilities and Services: Responsibilities for utilities, including electricity, water, heating, and internet
8. Maintenance and Repairs: Responsibilities for maintenance, specific to basement concerns like moisture control and ventilation
9. Health and Safety Requirements: Safety standards, ventilation requirements, and emergency procedures specific to basement dwelling
10. Use of Property: Permitted uses of the basement space and restrictions
11. Access and Inspection: Landlord's rights to access the property and inspection terms
12. Insurance and Liability: Insurance requirements and liability allocation between parties
13. Termination: Conditions and procedures for early termination of the agreement
14. Governing Law: Specification of Indonesian law as governing law and jurisdiction
1. Subletting: Include if subletting is to be permitted, specifying conditions and approval process
2. Pest Control: Include in areas where basement pest issues are common
3. Flood Protection: Include in flood-prone areas or where basement flooding is a risk
4. Parking: Include if parking spaces are part of the rental agreement
5. Property Modifications: Include if tenant is allowed to make any modifications to the space
6. Noise Restrictions: Include if property is in a residential area with specific noise concerns
7. Storage Rights: Include if additional storage areas are provided outside the main basement space
1. Schedule 1: Property Inventory: Detailed inventory of any furnishings, appliances, or equipment included in the rental
2. Schedule 2: Property Condition Report: Detailed documentation of the condition of the basement space at the start of tenancy
3. Schedule 3: Safety Equipment Layout: Floor plan showing location of safety equipment, emergency exits, and ventilation systems
4. Schedule 4: Maintenance Schedule: Schedule of regular maintenance activities for ventilation, dehumidification, and other basement-specific systems
5. Schedule 5: House Rules: Specific rules and regulations for the use of the basement space and common areas
6. Appendix A: Emergency Procedures: Detailed procedures for emergencies specific to basement dwelling
7. Appendix B: Utility Reading Forms: Forms for recording utility meter readings if separately metered
Authors
Real Estate
Residential Property
Commercial Property
Property Management
Retail
Storage and Warehousing
Small Business
Hospitality
Legal
Real Estate
Facilities Management
Property Management
Operations
Risk Management
Compliance
Administrative Support
Asset Management
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Building Superintendent
Property Owner
Leasing Manager
Risk Management Officer
Compliance Officer
Operations Manager
Asset Manager
Real Estate Administrator
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