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Rent To Rent Contract
"I need a Rent to Rent Contract for a 20-unit residential building in Tsim Sha Tsui, Hong Kong, where my company will be the rent-to-rent operator subletting to corporate clients, with the head lease starting March 1, 2025."
1. Parties: Identification of the head landlord and the rent-to-rent operator, including full legal names, addresses, and business registration details
2. Background: Context of the agreement, explaining the rent-to-rent business model and the parties' intentions
3. Definitions: Key terms used throughout the agreement, including 'Property', 'Head Lease', 'Sublease', 'Rent', 'Security Deposit', etc.
4. Grant of Lease: Terms of the primary lease granted to the rent-to-rent operator
5. Subletting Rights and Conditions: Explicit permission and conditions for subletting, including any restrictions or requirements
6. Rent and Payment Terms: Details of rent amount, payment schedule, review periods, and payment methods
7. Security Deposit: Amount, terms of holding, and conditions for return of the security deposit
8. Duration and Renewal: Term of the agreement, renewal options, and notice periods
9. Maintenance and Repairs: Responsibilities for property maintenance, repairs, and improvements
10. Insurance Requirements: Required insurance coverage for both primary tenant and property
11. Compliance with Laws: Obligations to comply with relevant Hong Kong laws and regulations
12. Default and Termination: Events of default, remedies, and termination procedures
13. Assignment and Transfer: Rights and restrictions regarding assignment or transfer of the agreement
14. Notices: Methods and addresses for formal communications between parties
15. Governing Law: Specification of Hong Kong law as governing law and jurisdiction
1. Guarantees: Required when additional security is needed, specifying guarantee terms and guarantor obligations
2. Property Management: Include when the property is part of a managed building or estate, detailing compliance with management rules
3. Utilities and Services: Optional section detailing responsibility for utilities and service contracts
4. Alterations and Improvements: Include when specific permissions or restrictions for property modifications are needed
5. Break Clause: Optional early termination provisions if parties want flexibility
6. Rent Review: Include when parties want specific rent review mechanisms beyond standard renewal terms
7. Environmental Matters: Required for properties with specific environmental requirements or certifications
1. Schedule 1 - Property Description: Detailed description of the property, including floor plans and included fixtures
2. Schedule 2 - Inventory: List of furniture, fixtures, and equipment included in the lease
3. Schedule 3 - Rent Payment Schedule: Detailed breakdown of rent payments, including due dates and amounts
4. Schedule 4 - Permitted Subletting Terms: Standard terms and conditions to be used in sublease agreements
5. Schedule 5 - Maintenance Requirements: Specific maintenance obligations and standards
6. Appendix A - Required Insurance Certificates: Copies or details of required insurance policies
7. Appendix B - Property License/Permits: Copies of relevant property licenses and permits
8. Appendix C - Building Management Rules: Applicable building management rules and regulations
Authors
Real Estate
Property Management
Hospitality
Serviced Apartments
Student Housing
Corporate Housing
Property Investment
Short-term Rentals
Legal
Operations
Property Management
Real Estate
Compliance
Risk Management
Facilities
Business Development
Asset Management
Property Manager
Real Estate Manager
Operations Director
Legal Counsel
Contracts Manager
Business Development Manager
Asset Manager
Property Investment Manager
Facilities Manager
Compliance Officer
Risk Manager
Housing Manager
Leasing Manager
Find the exact document you need
Contract For Project Management Services
A Hong Kong law-governed agreement defining terms and conditions for professional project management services, including scope, responsibilities, and deliverables.
Rent To Rent Contract
A Hong Kong law-governed agreement between a property owner and a rent-to-rent operator, establishing terms for property lease and subletting rights.
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