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Commercial Land Lease Agreement
"I need a Commercial Land Lease Agreement for a 2-hectare retail development in Jakarta, Indonesia, with a 25-year term starting March 2025, including provisions for phased construction of shopping facilities and environmental compliance requirements."
1. Parties: Identification of the lessor and lessee, including complete legal names, addresses, and registration numbers for companies
2. Background: Context of the lease arrangement, brief description of the property, and purpose of the agreement
3. Definitions: Definitions of key terms used throughout the agreement, including technical and legal terminology
4. Property Details: Detailed description of the leased property, including boundaries, total area, and existing structures
5. Lease Term: Duration of the lease, commencement date, and any renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods
7. Rights and Obligations of the Lessor: Lessor's responsibilities including maintenance, insurance, and property access rights
8. Rights and Obligations of the Lessee: Lessee's responsibilities including permitted use, maintenance obligations, and compliance with regulations
9. Permitted Use: Specific allowed commercial activities and any restrictions on property use
10. Insurance and Indemnity: Required insurance coverage and indemnification obligations of both parties
11. Maintenance and Repairs: Responsibilities for property maintenance, repairs, and improvements
12. Default and Termination: Events of default, remedies, and termination procedures
13. Governing Law and Dispute Resolution: Applicable Indonesian law and methods for resolving disputes
14. Notices: Process and addresses for formal communications between parties
15. Execution: Signature blocks and execution requirements
1. Building Rights: Required when the lease includes rights to construct new buildings or make significant modifications
2. Environmental Compliance: Needed for properties in environmentally sensitive areas or for specific industrial uses
3. Foreign Investment Provisions: Required when the lessee is a foreign entity, addressing specific requirements under Indonesian investment law
4. Subletting and Assignment: Include when subletting or assignment rights are to be granted to the lessee
5. Force Majeure: Detailed force majeure provisions for areas prone to natural disasters or specific risk factors
6. Property Management: Required for complex commercial properties with shared facilities or multiple tenants
7. Utilities and Services: Detailed provisions for properties where utility arrangements are complex or shared
8. Development Rights: Required when the lease includes rights for future development or expansion
1. Property Plan: Detailed site plan, boundaries, and floor plans of the leased property
2. Land Certificates: Copies of relevant land certificates and ownership documents
3. Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases
4. Permitted Alterations: Specifications of allowed modifications or improvements to the property
5. Building Permits: Copies of existing building permits and certificates
6. Condition Report: Detailed assessment of the property's condition at lease commencement
7. Insurance Requirements: Specific insurance requirements and minimum coverage amounts
8. Building Rules: Rules and regulations for property use and maintenance
9. Environmental Reports: Environmental assessment reports and compliance certificates
Authors
Real Estate
Retail
Manufacturing
Warehousing and Logistics
Hospitality
Office Space and Commercial Buildings
Industrial
Agriculture
Shopping Centers and Malls
Food and Beverage
Education
Healthcare
Legal
Real Estate
Facilities Management
Finance
Operations
Risk and Compliance
Property Management
Business Development
Asset Management
Corporate Services
Real Estate Director
Property Manager
Legal Counsel
Chief Financial Officer
Facilities Manager
Operations Director
Commercial Director
Risk Manager
Compliance Officer
Business Development Manager
Asset Manager
Property Development Manager
Lease Administrator
General Counsel
Regional Manager
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