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Commercial Rental Lease
I need a Commercial Rental Lease for a retail space in Dubai Mall, with a 5-year term starting March 1, 2025, including specific provisions for operating hours and customer access, plus options for seasonal kiosk space in common areas.
1. Parties: Identification of landlord and tenant with full legal names, registration details, and addresses
2. Background: Context of the lease agreement including property overview and intended commercial use
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Service Charges
4. Demise: Formal grant of lease and precise description of the leased premises
5. Term: Duration of lease, commencement date, and expiry date
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and rent review provisions
7. Security Deposit: Amount, payment terms, and conditions for return of security deposit
8. Service Charges: Additional charges for building services, utilities, and maintenance
9. Use of Premises: Permitted use of property and any restrictions on business activities
10. Tenant's Obligations: Core responsibilities including maintenance, repairs, compliance with laws
11. Landlord's Obligations: Core responsibilities including structural repairs, insurance, services provision
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Rules regarding transfer of lease rights or subletting
14. Termination: Grounds for termination and procedure
15. Governing Law and Jurisdiction: Applicable UAE laws and jurisdiction for dispute resolution
16. Notices: Method and addresses for formal communications between parties
1. Fit-out Works: Include when tenant will undertake initial modifications to the premises
2. Break Clause: Include when early termination options are negotiated
3. Rent-free Period: Include when initial rent-free period is granted
4. Option to Renew: Include when tenant is granted right to extend lease term
5. Trading Requirements: Include for retail premises with specific operating hour requirements
6. Exclusivity Clause: Include when tenant is granted exclusive rights to conduct certain business
7. Green Lease Provisions: Include when parties agree to environmental sustainability measures
8. Force Majeure: Include when specific provisions for unforeseen circumstances are required
9. Guarantees: Include when additional security through corporate/personal guarantees is required
1. Schedule 1 - Property Plan: Detailed floor plan and measurements of leased premises
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments and review dates
3. Schedule 3 - Service Charge Budget: Itemized list of service charges and estimated costs
4. Schedule 4 - Condition Report: Initial condition of premises with photographs
5. Schedule 5 - Building Rules: Operational rules and regulations for the building
6. Schedule 6 - Fit-out Guidelines: Technical specifications for permitted alterations
7. Schedule 7 - Handover Protocol: Procedures and checklist for property handover
8. Appendix A - Required Licenses: List of mandatory business licenses and permits
9. Appendix B - Insurance Requirements: Detailed insurance specifications and minimum coverage
Authors
Retail
Office Space
Industrial
Warehousing
Hospitality
Healthcare
Education
Technology
Financial Services
Professional Services
Manufacturing
Logistics
Entertainment
Food and Beverage
Legal
Finance
Operations
Facilities Management
Real Estate
Procurement
Risk and Compliance
Administration
Business Development
Property Management
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Facilities Manager
Real Estate Manager
Property Manager
Legal Counsel
Operations Director
Finance Director
Business Development Manager
Store Manager
Branch Manager
Procurement Manager
Contract Manager
Risk Manager
Compliance Officer
Office Manager
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