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Business Property Lease Agreement Template for Indonesia

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Key Requirements PROMPT example:

Business Property Lease Agreement

"I need a Business Property Lease Agreement for a three-story retail space in Jakarta's Central Business District, with a 5-year term starting March 1, 2025, including provisions for signage rights and the option to sublease the third floor."

Document background
The Business Property Lease Agreement is a crucial legal instrument used in Indonesian commercial real estate transactions to formalize the relationship between property owners and business tenants. This document is essential when a business entity seeks to lease commercial space for their operations in Indonesia, whether for retail, office, industrial, or other commercial purposes. The agreement must comply with Indonesian Civil Code requirements, building regulations, and local property laws. It typically includes detailed provisions about the property, rental terms, maintenance obligations, permitted modifications, and operating requirements. The document protects both parties' interests while ensuring compliance with Indonesian business property regulations and local commercial practices.
Suggested Sections

1. Parties: Identification of the lessor and lessee, including their complete legal names, addresses, and registration numbers for business entities

2. Background: Context of the lease agreement, including brief description of the property and intended use

3. Definitions: Definitions of key terms used throughout the agreement

4. Demised Premises: Detailed description of the leased property, including exact location, size, and boundaries

5. Lease Term: Duration of the lease, commencement date, and conditions for renewal

6. Rent and Security Deposit: Rental amount, payment schedule, security deposit details, and review mechanisms

7. Service Charges and Utilities: Details of additional charges, utilities, and building maintenance fees

8. Use of Premises: Permitted business activities and restrictions on use

9. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

10. Insurance and Indemnity: Insurance requirements and indemnification provisions

11. Lessor's Covenants: Obligations and warranties of the property owner

12. Lessee's Covenants: Obligations and warranties of the tenant

13. Default and Remedies: Events of default and corresponding remedies

14. Termination: Conditions and procedures for early termination

15. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes

16. Notices: Process for formal communications between parties

17. Miscellaneous: Standard boilerplate provisions including severability, entire agreement, and amendments

Optional Sections

1. Fit-out Works: Details of any permitted renovations or modifications, used when the tenant needs to customize the space

2. Assignment and Subletting: Terms for transferring or subletting the lease, included when these rights are granted

3. Option to Purchase: Terms for tenant's right to purchase the property, included when this option is offered

4. Break Clause: Conditions for early termination rights, included when agreed by parties

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID

6. Environmental Compliance: Special environmental obligations, included for properties with specific environmental concerns

7. Signage Rights: Terms for external and internal signage, important for retail premises

8. Parking Rights: Specific provisions for parking facilities, included when parking is part of the lease

9. Common Areas: Rules for shared facilities, included for properties in multi-tenant buildings

Suggested Schedules

1. Schedule 1 - Property Plans: Detailed floor plans and property boundaries

2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included in the lease

3. Schedule 3 - Service Charges: Breakdown of service charges and calculation method

4. Schedule 4 - Building Rules: Operational rules and regulations of the building

5. Schedule 5 - Fit-out Guidelines: Technical specifications for permitted renovations

6. Schedule 6 - Handover Condition: Documented condition of premises at handover

7. Schedule 7 - Required Licenses: List of mandatory business and operational licenses

8. Appendix A - Building Insurance Certificate: Copy of current building insurance

9. Appendix B - Property Title Documents: Relevant property ownership documents

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

































Clauses

































Relevant Industries

Real Estate

Retail

Hospitality

Office Space

Manufacturing

Warehousing & Logistics

Healthcare

Education

Banking & Financial Services

Food & Beverage

Technology

Professional Services

Entertainment & Leisure

Relevant Teams

Legal

Real Estate

Facilities Management

Finance

Operations

Risk & Compliance

Corporate Services

Property Management

Asset Management

Business Development

Administration

Relevant Roles

Property Manager

Real Estate Director

Facilities Manager

Legal Counsel

Chief Financial Officer

Operations Director

Business Development Manager

Asset Manager

Compliance Officer

Risk Manager

Commercial Director

Managing Director

Real Estate Agent

Property Consultant

Leasing Manager

Corporate Services Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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