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Office Tenancy Agreement
"I need an Office Tenancy Agreement for a 2,500 square foot space in a Grade A building in Kuala Lumpur's central business district, with a 3-year term starting March 1, 2025, including provisions for signage rights and 5 dedicated parking spaces."
1. Parties: Identifies and provides full details of the landlord and tenant, including registration numbers for companies
2. Background: Sets out the context of the agreement and confirms the landlord's ownership/authority to lease the premises
3. Definitions: Defines key terms used throughout the agreement
4. Demised Premises: Detailed description of the leased office space, including floor area and boundaries
5. Term and Possession: Specifies the duration of the lease and possession arrangements
6. Rent and Payment Terms: Details the rental amount, payment schedule, and method of payment
7. Security Deposit: Specifies the security deposit amount, terms of payment and conditions for refund
8. Utility Charges: Outlines responsibility for utility payments and apportionment of charges
9. Use of Premises: Specifies permitted use of the office space and any restrictions
10. Maintenance and Repairs: Defines maintenance and repair obligations of both parties
11. Insurance: Specifies required insurance coverage and responsibilities
12. Landlord's Covenants: Lists the landlord's obligations and warranties
13. Tenant's Covenants: Lists the tenant's obligations and warranties
14. Termination: Details circumstances and procedures for termination of the lease
15. Governing Law: Specifies that Malaysian law governs the agreement
1. Option to Renew: Include when offering the tenant an option to extend the lease term
2. Renovation and Alterations: Include when specific renovation works are planned or permitted
3. Car Parking: Include when car parking spaces are part of the tenancy
4. Signage Rights: Include when specific signage rights are granted to the tenant
5. Break Clause: Include when either party has the right to terminate early under specific conditions
6. Service Charge: Include for buildings with common areas and shared services
7. Assignment and Subletting: Include when transfer of rights or subletting is permitted
8. Force Majeure: Include when specific provisions for unforeseen circumstances are required
9. Green Lease Provisions: Include when incorporating environmental sustainability requirements
1. Schedule 1 - Floor Plan: Detailed floor plan of the demised premises
2. Schedule 2 - Inventory: List of fixtures, fittings, and furniture included in the lease
3. Schedule 3 - House Rules: Building rules and regulations
4. Schedule 4 - Service Charges: Breakdown of service charges and calculation method
5. Schedule 5 - Renovation Guidelines: Specific guidelines for carrying out renovations
6. Schedule 6 - Handover Condition: Documented condition of premises at handover
7. Appendix A - Special Conditions: Any additional terms specific to this tenancy
8. Appendix B - Maintenance Schedule: Schedule of maintenance responsibilities
Authors
Real Estate
Commercial Property
Property Management
Professional Services
Financial Services
Technology
Healthcare
Retail
Manufacturing
Legal Services
Construction
Consulting
Legal
Facilities Management
Operations
Finance
Administration
Compliance
Real Estate
Risk Management
Property Management
Corporate Services
Property Manager
Facilities Manager
Legal Counsel
Real Estate Manager
Commercial Director
Operations Manager
Chief Financial Officer
Office Manager
Compliance Officer
Real Estate Agent
Company Secretary
Business Development Manager
Administrative Manager
Risk Manager
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