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The Condo Lease Agreement is a vital legal document used in Indonesia for establishing a formal rental relationship between property owners and tenants specifically for condominium units. It is designed to comply with Indonesian property laws, including the Civil Code (KUHPerdata) and Law No. 20 of 2011 on Apartments. This document is essential when leasing out condominium units, whether for residential or corporate housing purposes, and should be used whenever a condominium owner wishes to lease their property to a tenant. The agreement includes comprehensive terms covering rent, maintenance, building rules, and other crucial aspects of condominium leasing, while accounting for specific Indonesian legal requirements such as witness signatures and proper documentation. It's particularly important in urban areas where condominium living is common, such as Jakarta, Surabaya, and other major Indonesian cities.

1. Parties: Identification of the lessor (landlord) and lessee (tenant), including full legal names, addresses, and identification numbers

2. Background: Context of the agreement, including brief description of the property and parties' intention to enter into a lease arrangement

3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Common Areas', 'Term', 'Security Deposit', etc.

4. Property Details: Detailed description of the condominium unit, including unit number, floor, building name, and address

5. Lease Term: Duration of the lease, including start and end dates, and any renewal options

6. Rent and Payment Terms: Monthly rent amount, payment schedule, accepted payment methods, and late payment penalties

7. Security Deposit: Amount, payment terms, conditions for return, and permitted deductions

8. Utilities and Service Charges: Responsibilities for utility payments, maintenance fees, and other regular charges

9. Use of Property: Permitted uses of the property, occupancy limits, and restrictions

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

11. Building Rules: Tenant's obligation to comply with condominium building rules and regulations

12. Insurance: Required insurance coverage and responsibilities of each party

13. Default and Remedies: Events of default and available remedies for both parties

14. Termination: Conditions and procedures for early termination by either party

15. Governing Law: Specification of Indonesian law as governing law and jurisdiction

16. Signatures: Execution block with spaces for signatures, witnesses, and dates