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Revised Lease Agreement
"I need a Revised Lease Agreement for our Dubai office space that increases the annual rent by 5% and extends the lease term until March 2025, while adding a new clause about shared workspace usage in the common areas."
1. Parties: Identification of landlord and tenant with full legal names, Emirates ID numbers, and contact details
2. Background: Reference to original lease agreement, reason for revision, and confirmation of parties' intention to modify specific terms
3. Definitions: Key terms used in the agreement, including specific UAE legal terminology
4. Amendments to Original Lease: Clear statement of which original lease terms are being modified and their new versions
5. Confirmation of Other Terms: Confirmation that all other terms from the original lease remain in full force and effect
6. Rent and Payment Terms: Updated rental amount, payment schedule, and method of payment
7. Term and Renewal: Revised lease duration and any modified renewal terms
8. Property Usage: Permitted use of the property and any revised restrictions
9. Maintenance and Repairs: Updated responsibilities for maintenance and repairs as per UAE law
10. Utilities and Services: Revised arrangements for utility payments and service charges
11. Registration: Requirements for registering the revised lease with relevant authorities
12. Governing Law and Jurisdiction: Confirmation of UAE law application and relevant emirate's jurisdiction
13. Execution: Signature blocks and execution requirements
1. Insurance: Additional insurance requirements if property usage has changed
2. Fit-out Works: Include if renovation or modification works are part of the revision
3. Security Deposit Adjustment: Include if security deposit terms are being modified
4. Break Clause: Optional early termination provisions if newly negotiated
5. Force Majeure: Include if specific force majeure provisions are being added or modified
6. Property Management: Include if there are changes to property management arrangements
7. Subletting and Assignment: Include if changes to subletting or assignment rights are being made
1. Schedule 1 - Property Details: Updated property details including plot number, property ID, and area details
2. Schedule 2 - Original Lease Agreement: Copy of the original lease agreement being modified
3. Schedule 3 - Floor Plans: Current floor plans and any modifications to leased area
4. Schedule 4 - Service Charges: Updated breakdown of service charges and payment terms
5. Schedule 5 - Condition Report: Current condition of the property if relevant to the revision
6. Schedule 6 - Required Permits: Copies of updated permits and registrations
7. Schedule 7 - Building Rules: Any updated building rules or regulations
Authors
Real Estate
Commercial Property
Residential Property
Retail
Hospitality
Industrial
Office Space
Mixed-Use Development
Shopping Centers
Warehousing
Healthcare Facilities
Educational Institutions
Legal
Real Estate
Facilities Management
Operations
Compliance
Property Management
Asset Management
Corporate Services
Contract Administration
Risk Management
Property Manager
Real Estate Manager
Legal Counsel
Facilities Manager
Asset Manager
Leasing Manager
Contract Administrator
Real Estate Director
Operations Manager
Compliance Officer
Property Administrator
Tenant Relations Manager
Real Estate Analyst
Corporate Services Manager
Legal Administrator
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