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Dissolution Of Lease Agreement for Indonesia

Dissolution Of Lease Agreement Template for Indonesia

A formal legal document governed by Indonesian law that mutually terminates an existing lease agreement between a landlord and tenant before its natural expiration date. The document outlines the terms and conditions for early termination, including the settlement of outstanding obligations, return of security deposits, property inspection requirements, and mutual release of future responsibilities. It ensures compliance with the Indonesian Civil Code (KUHPerdata) and relevant property laws while providing legal protection for all parties involved in the lease termination process.

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Dissolution Of Lease Agreement

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What is a Dissolution Of Lease Agreement?

The Dissolution Of Lease Agreement is a crucial legal instrument under Indonesian law used when parties mutually agree to terminate their lease arrangement before the originally agreed end date. This document is essential in situations where both landlord and tenant wish to formally end their lease obligations, whether due to mutual convenience, changed circumstances, or other agreed reasons. It incorporates provisions required by the Indonesian Civil Code (KUHPerdata) and relevant property regulations, ensuring proper documentation of the termination process, settlement of financial obligations, property condition assessment, and mutual release of future responsibilities. The agreement helps prevent future disputes by clearly documenting the terms of dissolution and protecting both parties' interests during the lease termination process.

What sections should be included in a Dissolution Of Lease Agreement?

1. Parties: Identification of the Landlord and Tenant, including complete legal names, addresses, and any registration numbers for companies

2. Background: Brief recital of the original lease agreement details, including date of execution, property address, and term of lease

3. Definitions: Key terms used throughout the agreement, including 'Dissolution Date', 'Outstanding Obligations', and 'Settlement Amount'

4. Dissolution Agreement: Mutual agreement to terminate the lease, specifying the effective date of termination

5. Property Inspection and Condition: Statement regarding the condition of the property and any agreed damage assessment

6. Settlement of Obligations: Details of all financial settlements, including rent, utilities, and other charges up to the dissolution date

7. Release of Obligations: Mutual release of future obligations under the original lease agreement

8. Return of Keys and Access: Provisions for returning all keys, access cards, and security devices

9. Governing Law: Specification that the agreement is governed by Indonesian law

10. Execution: Signature blocks and execution details for all parties

What sections are optional to include in a Dissolution Of Lease Agreement?

1. Security Deposit Settlement: Terms for the return or forfeiture of security deposit, used when a security deposit was part of the original lease

2. Outstanding Repairs: Details of any repairs required and cost allocation, included when there are unresolved maintenance issues

3. Early Termination Fee: Details of any fees for early termination, included when applicable under the original lease terms

4. Utilities Transfer: Provisions for transferring or disconnecting utilities, included for properties with separate utility accounts

5. Forwarding Address: Tenant's forwarding address for future correspondence, included when needed for security deposit return or final bills

6. Third Party Rights: Provisions relating to any third party rights or obligations, included when subletting or guarantors are involved

What schedules should be included in a Dissolution Of Lease Agreement?

1. Schedule A - Original Lease Agreement: Copy of the original lease agreement being dissolved

2. Schedule B - Property Inspection Report: Detailed report of the property's condition at the time of dissolution

3. Schedule C - Settlement Calculation: Detailed breakdown of all financial settlements, including any prorated amounts

4. Schedule D - Handover Checklist: List of items to be returned or checked during property handover

5. Schedule E - Photographic Evidence: Photos documenting the property's condition at dissolution, if applicable

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

Jurisdiction

Indonesia

Cost

Free to use
Relevant legal definitions





























Clauses

























Relevant Industries

Real Estate

Residential Property

Commercial Property

Retail

Office Space

Industrial Property

Hospitality

Mixed-Use Development

Warehouse and Storage

Agricultural Land

Relevant Teams

Legal

Property Management

Real Estate Operations

Facilities Management

Asset Management

Leasing

Contract Administration

Compliance

Operations

Finance

Administrative

Relevant Roles

Property Manager

Real Estate Manager

Legal Counsel

Facilities Manager

Asset Manager

Leasing Manager

Property Administrator

Real Estate Agent

Building Manager

Contract Administrator

Compliance Officer

Operations Manager

Real Estate Director

Property Operations Supervisor

Tenant Relations 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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