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Parking Lease Agreement
"I need a Parking Lease Agreement for a shopping mall in Jakarta, where we're leasing 50 parking spaces to a corporate tenant for their employees' exclusive use starting March 1, 2025, with specific provisions for 24/7 access and electric vehicle charging stations."
1. Parties: Identification of the lessor (parking space owner) and lessee, including their legal details and authorized representatives
2. Background: Context of the agreement, including property details and purpose of the lease
3. Definitions: Definitions of key terms used throughout the agreement
4. Lease Details: Specific details of the leased parking space(s), including location, number of spaces, and any designated areas
5. Term and Renewal: Duration of the lease, commencement date, and renewal terms
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and late payment provisions
7. Rights and Obligations: Detailed responsibilities of both parties, including maintenance, security, and access arrangements
8. Operating Hours: Specified times for access and use of the parking space
9. Insurance and Liability: Insurance requirements and allocation of risks between parties
10. Maintenance and Repairs: Responsibilities for maintaining the parking space and handling repairs
11. Termination: Grounds for termination and the process for ending the agreement
12. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction
13. Notices: Process and requirements for formal communications between parties
14. Execution: Signature blocks and execution requirements
1. Security Measures: Details of security systems and protocols when enhanced security arrangements are required
2. Subletting Provisions: Terms for subletting parking spaces when permitted by the agreement
3. Environmental Compliance: Specific environmental requirements for parking facilities handling commercial vehicles or hazardous materials
4. Vehicle Size Restrictions: Specific provisions for parking spaces designated for particular vehicle types or sizes
5. Public Access: Additional terms when the parking space is part of a public access facility
6. Utilities: Terms regarding electricity usage and payment when charging stations or other utilities are included
7. Property Management Rules: Additional rules when the parking space is part of a larger managed property
8. Force Majeure: Provisions for handling unexpected events or circumstances beyond parties' control
1. Schedule 1 - Parking Space Plan: Detailed plan showing the exact location and dimensions of the leased parking space(s)
2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases
3. Schedule 3 - Operating Rules: Specific rules and regulations for using the parking facility
4. Schedule 4 - Maintenance Schedule: Regular maintenance requirements and schedules
5. Schedule 5 - Insurance Requirements: Detailed insurance requirements and minimum coverage levels
6. Appendix A - Building Rules: General building rules and regulations if part of a larger property
7. Appendix B - Emergency Procedures: Emergency protocols and contact information
Authors
Real Estate
Property Management
Commercial Property
Retail
Hospitality
Office Space Management
Residential Property
Shopping Centers
Business Parks
Parking Management
Facilities Management
Transportation
Legal
Facilities Management
Property Management
Operations
Asset Management
Contract Administration
Real Estate
Corporate Services
Building Administration
Risk Management
Property Manager
Facilities Manager
Legal Counsel
Operations Director
Building Manager
Asset Manager
Real Estate Manager
Parking Operations Manager
Commercial Lease Manager
Property Administrator
Contracts Manager
Site Manager
Business Development Manager
Corporate Services Manager
Tenant Relations Manager
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