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Long Term Rental Agreement
"I need a Long Term Rental Agreement for a 2-bedroom residential apartment in Central Hong Kong, starting March 1, 2025, with specific provisions for pet ownership and potential subletting rights during the second year of tenancy."
1. Parties: Identification and details of the landlord and tenant, including full legal names, identification numbers, and contact information
2. Background: Brief context of the agreement, including property ownership confirmation and intention to create a tenancy
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Formal grant of the tenancy, specifying the property being leased
5. Term and Commencement: Duration of the tenancy and start date
6. Rent and Payment Terms: Rental amount, payment schedule, and payment methods
7. Deposit: Security deposit amount, terms of holding, and conditions for return
8. Utility Charges: Responsibility for utilities, including electricity, water, gas, and management fees
9. Use of Premises: Permitted use of the property and any restrictions
10. Tenant's Obligations: Core responsibilities of the tenant including maintenance, repairs, and conduct
11. Landlord's Obligations: Core responsibilities of the landlord including structural repairs and insurance
12. Insurance: Required insurance coverage and responsibilities of each party
13. Termination: Circumstances and procedures for ending the tenancy
14. Notices: How formal notices should be given between parties
15. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
1. Break Clause: Optional early termination provisions, typically included for longer leases
2. Subletting and Assignment: Include if subletting or assignment rights are to be granted or explicitly prohibited
3. Renovation and Alterations: Include if specific renovation rights or restrictions need to be addressed
4. Car Parking: Include if parking spaces are part of the tenancy
5. Pet Clause: Include if pets are allowed or specifically prohibited
6. Option to Renew: Include if tenant is given the option to extend the lease
7. Estate Rules: Include for properties within managed estates or buildings
8. Furniture and Fittings: Include for furnished properties
9. Special Conditions: Include for any property-specific requirements or agreements
1. Schedule 1 - Property Description: Detailed description of the property including address and boundaries
2. Schedule 2 - Inventory List: Detailed list of furniture, appliances, and fittings included in the tenancy
3. Schedule 3 - Property Condition Report: Detailed report of property condition at commencement of tenancy
4. Schedule 4 - House Rules: Building or estate rules and regulations
5. Appendix A - Floor Plan: Floor plan of the property showing layout and dimensions
6. Appendix B - Photographs: Photographs documenting property condition at commencement
7. Appendix C - Utilities Reading: Initial utility meter readings at handover
Authors
Real Estate
Property Management
Legal Services
Banking and Financial Services
Retail
Hospitality
Commercial Office Space
Residential Property
Industrial Property
Professional Services
Legal
Real Estate
Facilities Management
Operations
Corporate Services
Administration
Compliance
Property Management
Asset Management
Risk Management
Legal Counsel
Property Manager
Real Estate Manager
Facilities Manager
Contract Administrator
Real Estate Agent
Leasing Manager
Asset Manager
Property Administrator
Compliance Officer
Real Estate Director
Operations Manager
Corporate Services Manager
Office Manager
Legal Administrator
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