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Lease Amendment
"I need a Lease Amendment for our Dubai office space that will increase the annual rent by 5% and extend the lease term until March 2025, ensuring compliance with RERA regulations and Dubai property laws."
1. Parties: Identification of all parties to the amendment, including full legal names and addresses of both landlord and tenant
2. Background: Recitals referencing the original lease agreement, its date, property details, and reason for amendment
3. Definitions: Key terms used in the amendment, including references to defined terms in the original lease
4. Original Lease Reference: Specific details of the original lease being amended, including date, registration details, and current status
5. Amendments: Clear statement of each specific modification to the original lease, with reference to relevant clause numbers
6. Confirmation of Other Terms: Statement confirming all other terms of the original lease remain unchanged and in full force
7. Effective Date: Specification of when the amendments take effect
8. Registration: Provisions regarding registration of the amendment with relevant authorities (e.g., RERA in Dubai)
9. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant emirate jurisdiction
10. Execution: Signature blocks for all parties and witness requirements
1. Rent Adjustment: Specific section detailing changes to rent amount, payment schedule, or method - include when rent terms are being modified
2. Term Extension: Details of lease term extension or modification - include when changing the duration of the lease
3. Property Modifications: Details of any agreed changes to the property or permitted use - include when physical property changes are part of the amendment
4. Security Deposit Adjustment: Changes to security deposit arrangements - include when modifying deposit terms
5. Additional Obligations: New obligations for either party - include when adding new responsibilities
6. Force Majeure Update: Modified or additional force majeure provisions - include when updating risk allocation
7. Break Clause: Early termination provisions - include when adding or modifying break options
1. Original Lease: Copy of the original lease agreement being amended
2. Modified Floor Plans: Updated floor plans if there are changes to the leased area
3. Rent Payment Schedule: Updated payment schedule if rent terms are modified
4. Property Modification Specifications: Details of any agreed physical changes to the property
5. Required Permits: Copies of any new permits or authorizations related to the amendments
6. RERA Registration Documents: Forms and documents required for registering the amendment
Authors
Real Estate
Retail
Commercial Office
Industrial
Hospitality
Healthcare
Education
Manufacturing
Logistics
Technology
Financial Services
Professional Services
Real Estate
Legal
Operations
Finance
Facilities Management
Compliance
Property Management
Asset Management
Commercial
Risk Management
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Contract Administrator
Chief Financial Officer
Operations Director
Asset Manager
Leasing Manager
Compliance Officer
Real Estate Director
General Counsel
Business Development Manager
Commercial Director
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