The Company Let Agreement is a specialized commercial lease agreement used in Qatar when one corporate entity (the landlord) leases commercial property to another corporate entity (the tenant). This document is essential for businesses establishing their presence in Qatar, whether for office space, retail operations, or other commercial purposes. The agreement must comply with Qatar's Civil Code, Commercial Code, and specific rental regulations, including Law No. 4 of 2008. It typically includes detailed provisions for property usage, maintenance responsibilities, rental terms, and other operational requirements. The document must be drafted in Arabic (with English translation typically provided) and should account for specific requirements of Qatar's commercial property laws and regulations.
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1. Parties: Identification of the landlord and tenant companies, including their registration details, addresses, and authorized representatives
2. Background: Context of the agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Detailed description of the leased premises, including address, size, and permitted use
5. Term and Renewal: Duration of the lease, commencement date, and renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and method of payment
7. Service Charges and Utilities: Responsibilities for utilities, maintenance charges, and other operational costs
8. Use of Premises: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities of each party regarding maintenance, repairs, and alterations
10. Insurance: Insurance requirements for both parties
11. Assignment and Subletting: Conditions under which the tenant may assign or sublet the premises
12. Termination: Grounds for termination and notice requirements
13. Governing Law and Jurisdiction: Specification of Qatar law as governing law and jurisdiction for disputes
14. Language: Specification that Arabic is the official version with English translation provided
1. Fit-out Works: Include when tenant will be performing initial fit-out works to the premises
2. Break Clause: Include when early termination options are negotiated
3. Force Majeure: Include specific force majeure provisions beyond standard Qatar law provisions
4. Green Lease Provisions: Include when parties agree to specific environmental and sustainability requirements
5. Staff Accommodation Provisions: Include when property will be used for employee accommodation
6. Parking: Include when specific parking arrangements are part of the lease
7. Signage Rights: Include when tenant requires specific signage rights
8. Operating Hours: Include for retail or specific commercial use properties with restricted hours
1. Property Plan: Detailed floor plans and measurements of the leased premises
2. Inventory: List of any fixtures, fittings, or equipment included in the lease
3. Condition Report: Detailed report on the condition of the premises at commencement
4. Service Charge Schedule: Breakdown of service charges and calculation method
5. Building Rules and Regulations: Specific rules applicable to the building or development
6. Fit-out Guidelines: Technical specifications and requirements for any tenant improvements
7. Form of Bank Guarantee: Template for required bank guarantee or security deposit
8. Handover Protocol: Procedures and requirements for property handover
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Commercial Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Technology
Manufacturing
Logistics
Professional Services
Relevant Teams
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Corporate Services
Property Management
Asset Management
Administrative Services
Relevant Roles
Legal Counsel
Property Manager
Facilities Manager
Real Estate Director
Commercial Director
Operations Manager
Chief Financial Officer
Compliance Officer
Risk Manager
Business Development Manager
Corporate Services Manager
Asset Manager
Leasing Manager
General Counsel
Company Secretary
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