This Non-Exclusive Lease template is designed for use in Malta where parties wish to establish a leasing arrangement that explicitly allows the property owner to grant similar rights to other parties. The document is commonly used for shared commercial spaces, co-working environments, or any situation where multiple parties may need access to or use of the same property. It complies with Maltese property law requirements, including the Civil Code (Chapter 16) and the Private Residential Leases Act where applicable. The agreement includes essential provisions for rent, term, maintenance, shared facility usage, and specific clauses addressing the non-exclusive nature of the arrangement. It's particularly relevant in modern business environments where flexible and shared space arrangements are becoming increasingly common.
Non Exclusive Lease for Malta
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Key Requirements PROMPT example:
Non Exclusive Lease
"I need a Non-Exclusive Lease agreement for a co-working space in Valletta, Malta, starting from January 2025, which will allow multiple tenants to use the premises simultaneously while including specific provisions for shared meeting rooms and communal facilities."
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1. Parties: Identification of the lessor and lessee with full legal names, registration numbers (if applicable), and addresses
2. Background: Context of the lease agreement and acknowledgment of the non-exclusive nature of the lease
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased property including address and boundaries
5. Term and Commencement: Duration of the lease and start date
6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
7. Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Use of Property: Permitted uses of the property and acknowledgment of non-exclusive rights
9. Utilities and Services: Responsibility for utility payments and services
10. Maintenance and Repairs: Obligations for property maintenance and repairs
11. Insurance: Insurance requirements for both parties
12. Lessor's Obligations: Specific duties and responsibilities of the property owner
13. Lessee's Obligations: Specific duties and responsibilities of the tenant
14. Termination: Conditions and procedures for ending the lease
15. Governing Law: Confirmation of Maltese law as governing law
16. Notices: Process for formal communications between parties
17. Signing Page: Execution section with space for signatures and dates
1. Shared Facilities: Details of shared areas and their use when property has common areas or facilities
2. Subletting: Terms regarding subletting rights, if permitted
3. Alterations and Improvements: Conditions for making changes to the property, if allowed
4. Break Clause: Early termination provisions if agreed by parties
5. Force Majeure: Provisions for unforeseen circumstances affecting the lease
6. Assignment Rights: Terms regarding the right to assign the lease to another party
7. Quiet Enjoyment: Additional provisions regarding peaceful possession despite non-exclusive nature
8. Environmental Matters: Special provisions regarding environmental compliance if relevant
9. VAT Elections: VAT-related provisions if applicable to the lease
1. Schedule 1 - Property Plan: Detailed floor plan or property layout
2. Schedule 2 - Inventory: List of furnishings and equipment included in the lease
3. Schedule 3 - Service Charges: Breakdown of any service charges and calculation method
4. Schedule 4 - House Rules: Specific rules and regulations for property use
5. Schedule 5 - Condition Report: Initial condition of the property at lease commencement
6. Schedule 6 - Utility Readings: Initial utility meter readings at commencement
7. Appendix A - Registration Documents: Copies of mandatory registration documents under Maltese law
8. Appendix B - Insurance Certificates: Copies of required insurance documentation
Authors
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Residential Property
Retail
Hospitality
Office Space
Industrial
Warehousing
Co-working Spaces
Mixed-use Development
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Risk and Compliance
Property Administration
Commercial
Business Development
Finance
Administrative Services
Relevant Roles
Property Manager
Real Estate Director
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Real Estate Agent
Leasing Manager
Property Administrator
Risk Manager
Compliance Officer
Contract Manager
Business Development Manager
Space Planning Manager
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