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Non Exclusive Lease for New Zealand

Non Exclusive Lease Template for New Zealand

A New Zealand non-exclusive lease agreement is a legal document that establishes a tenant's right to use a property while allowing the landlord to grant similar rights to other tenants. This agreement, governed by New Zealand property law including the Property Law Act 2007, sets out the terms and conditions for shared property use, including rent obligations, maintenance responsibilities, and operational guidelines. It typically includes provisions for common areas, scheduling of shared spaces, and specific terms about how the non-exclusive nature of the lease will operate in practice.

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Non Exclusive Lease

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What is a Non Exclusive Lease?

This Non Exclusive Lease agreement is designed for use in New Zealand property transactions where multiple tenants may share access to or use of a property or facility. It is particularly relevant for shared commercial spaces, coworking environments, or industrial facilities where exclusive possession is not required or desired. The document complies with New Zealand property law requirements and includes essential provisions for rent, maintenance, insurance, and shared facility management. It is commonly used in situations where flexibility is needed in property usage arrangements, such as shared warehouses, office spaces, or commercial facilities. The agreement ensures clear delineation of rights and responsibilities while maintaining the landlord's ability to grant similar usage rights to other tenants.

What sections should be included in a Non Exclusive Lease?

1. Parties: Identification of the landlord/lessor and tenant/lessee with full legal names and addresses

2. Background: Context of the lease arrangement and brief description of the property

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

4. Grant of Lease: Formal statement of the non-exclusive lease grant and its term

5. Rent and Operating Expenses: Details of rent amount, payment terms, and operating expense obligations

6. Security Deposit: Terms regarding the security deposit amount, holding, and return conditions

7. Use of Premises: Permitted uses of the property and any restrictions

8. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs

9. Insurance: Required insurance coverage for both parties

10. Default and Remedies: Consequences of default and available remedies for both parties

11. Assignment and Subletting: Terms regarding the tenant's ability to assign or sublet the property

12. Termination: Conditions and procedures for lease termination

13. General Provisions: Standard legal provisions including notices, governing law, and dispute resolution

What sections are optional to include in a Non Exclusive Lease?

1. Fit-out Works: Details of any tenant improvements or modifications, used when initial fit-out work is required

2. Car Parking: Terms related to car parking rights and obligations, included when parking is part of the lease

3. Building Services: Details of provided services like cleaning, security, etc., used for multi-tenant buildings

4. Environmental Obligations: Specific environmental compliance requirements, included for properties with environmental concerns

5. Signage Rights: Terms regarding external and internal signage, relevant for commercial premises

6. Operating Hours: Specified hours of operation, included for properties in commercial complexes or malls

7. Common Areas: Rights and obligations regarding shared spaces, used for multi-tenant properties

8. Guarantee: Terms of any personal or bank guarantee, included when additional security is required

What schedules should be included in a Non Exclusive Lease?

1. Schedule 1 - Property Description: Detailed description of the leased premises including floor plans and boundaries

2. Schedule 2 - Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases

3. Schedule 3 - Operating Expenses: Itemized list of operating expenses and allocation methodology

4. Schedule 4 - Building Rules: Specific rules and regulations for the use of the premises

5. Schedule 5 - Condition Report: Detailed report on the condition of the premises at the start of the lease

6. Schedule 6 - Fit-out Specifications: Technical specifications for any approved fit-out works

7. Appendix A - Insurance Requirements: Detailed insurance requirements for both parties

8. Appendix B - Maintenance Schedule: Detailed breakdown of maintenance responsibilities

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

Jurisdiction

New Zealand

Document Type

Licensing Agreement

Cost

Free to use
Relevant legal definitions



































Clauses


































Relevant Industries

Commercial Real Estate

Retail

Industrial

Office Space

Coworking Spaces

Manufacturing

Warehousing

Professional Services

Technology

Healthcare

Education

Hospitality

Relevant Teams

Legal

Operations

Facilities Management

Finance

Real Estate

Risk Management

Property Administration

Asset Management

Corporate Services

Business Development

Compliance

Relevant Roles

Property Manager

Facility Manager

Real Estate Manager

Legal Counsel

Operations Manager

Commercial Director

Chief Financial Officer

Business Development Manager

Asset Manager

Leasing Manager

Corporate Services Manager

Risk Manager

Contract Administrator

Space Planning Manager

Property Administrator

Industries








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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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