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Periodic Rental Agreement
"I need a Periodic Rental Agreement for a furnished three-bedroom apartment in Jakarta, with monthly renewal terms, including provisions for a maximum of two pets and specific clauses about utility bill sharing between tenants, starting from March 1, 2025."
1. Parties: Identification and details of the landlord and tenant, including full legal names, addresses, and identification numbers
2. Background: Context of the agreement and brief description of the property being rented
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Comprehensive description of the rental property, including address and specific inclusions/exclusions
5. Term and Renewal: Duration of the rental period, commencement date, and terms for renewal or extension
6. Rent and Payment Terms: Rental amount, payment schedule, method of payment, and late payment consequences
7. Security Deposit: Amount of security deposit, terms for its maintenance and return
8. Utilities and Services: Responsibility for utility payments and service charges
9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs
10. Use of Property: Permitted uses of the property and restrictions
11. Rights and Obligations: General rights and obligations of both landlord and tenant
12. Termination: Conditions and procedures for termination of the agreement
13. Governing Law: Specification of Indonesian law as governing law and jurisdiction
14. Notices: Process and requirements for giving notices under the agreement
15. Execution: Signature blocks and execution details
1. Insurance: Requirements for insurance coverage, used when specific insurance obligations are needed
2. Subletting: Terms regarding subletting rights, included when subletting might be permitted
3. Alterations and Improvements: Rules for property modifications, included when significant alterations might be allowed
4. Pets: Rules regarding keeping pets, included when pets might be permitted
5. Furniture and Fixtures: Details of furnished properties, used when property is rented furnished
6. Building Rules: Specific rules for apartments or managed buildings, included for properties in complexes
7. Force Majeure: Provisions for unforeseen circumstances, included when specific risk allocation is needed
8. Guest Policy: Rules regarding guests and overnight stays, included for residential properties where this is a concern
1. Schedule 1 - Property Inventory: Detailed list of furniture, appliances, and fixtures included in the rental
2. Schedule 2 - Property Condition Report: Detailed description of property condition at commencement of rental
3. Schedule 3 - Building Rules: Specific rules and regulations for the building or complex
4. Schedule 4 - Payment Schedule: Detailed breakdown of rent payments and due dates
5. Schedule 5 - Maintenance Schedule: Regular maintenance tasks and responsibilities
6. Appendix A - Floor Plan: Floor plan or layout of the rental property
7. Appendix B - Photographs: Photographic evidence of property condition
8. Appendix C - Utility Agreements: Copies of relevant utility agreements or arrangements
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Office Space
Industrial
Agriculture
Storage and Warehousing
Legal
Real Estate
Property Management
Facilities Management
Operations
Risk & Compliance
Asset Management
Tenant Relations
Administration
Contract Management
Property Manager
Real Estate Agent
Facilities Manager
Legal Counsel
Contract Administrator
Property Administrator
Asset Manager
Leasing Manager
Real Estate Operations Director
Building Superintendent
Property Investment Manager
Tenant Relations Manager
Risk Management Officer
Compliance Officer
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