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Lease Transfer Agreement Template for Indonesia

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Key Requirements PROMPT example:

Lease Transfer Agreement

"I need a Lease Transfer Agreement for my retail business in Jakarta, where I'm transferring my existing 5-year shopping mall lease to a new tenant effective March 1, 2025, with the mall management's consent already secured."

Document background
A Lease Transfer Agreement is essential when an existing tenant wishes to transfer their lease rights and obligations to a new tenant in Indonesia. This document is commonly used in situations where a business is being sold, a tenant needs to relocate, or when commercial circumstances necessitate a change in tenancy. The agreement must comply with Indonesian legal requirements, including the Civil Code (KUHPerdata) and relevant property regulations. It typically includes detailed provisions about the transfer of rights, handling of security deposits, outstanding obligations, and the effective date of transfer. The document requires careful consideration of local property laws, registration requirements, and often needs to be properly stamped and notarized in accordance with Indonesian legal practice. This type of agreement is particularly important as it ensures a smooth transition while protecting the interests of all parties involved - the landlord, the existing tenant, and the new tenant.
Suggested Sections

1. Parties: Identification of the Landlord, Existing Tenant (Transferor), and New Tenant (Transferee)

2. Background: Recitals describing the existing lease arrangement, the parties' intention to transfer the lease, and confirmation of landlord's consent

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

4. Transfer of Lease: Core provision detailing the transfer of lease rights and obligations from Existing Tenant to New Tenant

5. Effective Date: Specification of when the transfer takes effect

6. Security Deposit: Arrangements for the transfer or replacement of the security deposit

7. Outstanding Obligations: Statement of any outstanding rent, utilities, or other payments and responsibility for these

8. Representations and Warranties: Statements by all parties regarding their authority, the lease's good standing, and other material facts

9. Liability and Indemnification: Provisions regarding ongoing liability and indemnification between the parties

10. Costs and Expenses: Allocation of costs related to the transfer

11. Governing Law: Confirmation of Indonesian law as governing law

12. Dispute Resolution: Procedure for resolving any disputes arising from the transfer

13. Notices: Contact details and methods for formal communications between parties

14. Execution: Signature blocks and execution requirements

Optional Sections

1. Conditions Precedent: Required when there are specific conditions that must be met before the transfer can take effect

2. Broker Provisions: Include when a broker was involved in arranging the transfer

3. Guarantor Provisions: Required when there is an existing guarantor or new guarantor involved

4. Modifications to Original Lease: Include if any terms of the original lease are being modified as part of the transfer

5. Assignment of Contracts: Required when associated contracts (e.g., service agreements) are being transferred

6. Fit-out and Alterations: Include when there are specific arrangements regarding existing fit-out or planned alterations

7. Tax Provisions: Required when there are specific tax implications that need to be addressed

Suggested Schedules

1. Original Lease: Copy of the original lease agreement being transferred

2. Property Details: Detailed description of the leased property including address and any parking spaces or common areas

3. Inventory List: List of any furniture, fixtures, or equipment included in the transfer

4. Outstanding Payments Schedule: Detailed list of any outstanding payments and their allocation

5. Condition Report: Current condition of the property at the time of transfer

6. Consents and Approvals: Copies of any required third-party consents or regulatory approvals

7. Payment Schedule: Schedule of rent and other payments going forward

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

Commercial Office

Industrial

Hospitality

Healthcare

Education

Manufacturing

Logistics

Warehousing

Food & Beverage

Technology

Relevant Teams

Legal

Real Estate

Facilities Management

Operations

Finance

Asset Management

Risk & Compliance

Property Management

Business Development

Administrative Services

Relevant Roles

Legal Counsel

Property Manager

Real Estate Manager

Facilities Manager

Commercial Director

Operations Manager

Chief Financial Officer

Asset Manager

Leasing Manager

Contract Administrator

Real Estate Director

Business Development Manager

Company Secretary

Risk Manager

Compliance Officer

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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