Lease Extension Agreement for Malta
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Lease Extension Agreement
"I need a Lease Extension Agreement for my Malta apartment rental, extending the current lease for an additional 2 years from March 1, 2025, with a 5% rent increase and maintaining all other existing terms."
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1. Parties: Identification of the Lessor and Lessee with full legal names, registration numbers (if companies), and addresses
2. Background: Details of the original lease agreement, including its date, term, and property description, and the parties' intention to extend the lease
3. Definitions: Definitions of key terms used in the agreement, including references to the original lease agreement
4. Extension Term: Specific details of the extension period, including start and end dates
5. Rent and Payment Terms: Updated rent amount, payment schedule, and any rent review mechanisms for the extension period
6. Confirmation of Original Terms: Statement confirming which terms from the original lease remain in effect during the extension period
7. Modified Terms: Clear specification of any terms that are being modified for the extension period
8. Registration Requirements: Provisions regarding registration of the extension agreement with relevant authorities as per Maltese law
9. Governing Law: Confirmation that the agreement is governed by Maltese law
10. Execution: Signature blocks for all parties and witness requirements
1. Break Clause: Optional provision allowing either party to terminate the extension early under specified conditions
2. Property Improvements: Section detailing any agreed renovations or improvements to be made during the extension period
3. Security Deposit Adjustment: Terms for any changes to the existing security deposit arrangement
4. Insurance Requirements: Updated insurance obligations if different from the original lease
5. Utilities and Services: Modified arrangements for utility payments or services if changed from original lease
6. Green Lease Provisions: Environmental and sustainability obligations if being added to the extension
7. Covid-19 or Force Majeure Provisions: Special provisions dealing with pandemic or other force majeure events
1. Schedule 1 - Original Lease: Copy or summary of the original lease agreement being extended
2. Schedule 2 - Property Description: Detailed description of the property including any changes to the premises since the original lease
3. Schedule 3 - Rent Payment Schedule: Detailed breakdown of rent payments, including any incremental increases during the extension period
4. Schedule 4 - Condition Report: Updated condition report of the property at the time of extension
5. Schedule 5 - Modified Terms: Detailed list of any terms that differ from the original lease
6. Appendix A - Energy Performance Certificate: Current EPC if required under Maltese law
7. Appendix B - Registration Documents: Copies of registration documents with relevant housing authorities
Authors
Real Estate
Property Management
Residential Housing
Commercial Property
Retail
Hospitality
Office Space Management
Industrial Property
Student Housing
Mixed-Use Development
Legal
Property Management
Real Estate
Facilities Management
Operations
Compliance
Contract Administration
Asset Management
Tenant Relations
Risk Management
Property Manager
Real Estate Manager
Legal Counsel
Facilities Manager
Asset Manager
Lease Administrator
Property Administrator
Compliance Officer
Real Estate Director
Operations Manager
Housing Officer
Contract Manager
Property Portfolio Manager
Tenant Relations Manager
Real Estate Legal Specialist
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