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Long Term Lease Agreement Template for Ireland

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Key Requirements PROMPT example:

Long Term Lease Agreement

"I need a Long Term Lease Agreement for a Grade A office building in Dublin's tech district, starting March 2025, with specific provisions for green energy requirements and shared workspace areas."

Document background
The Long Term Lease Agreement is a crucial legal instrument in Irish property law, designed for situations where a property is to be leased for an extended period, typically exceeding 5 years. It's predominantly used in commercial contexts where businesses require security of tenure and landlords seek stable, long-term income. The document comprehensively addresses all aspects of the landlord-tenant relationship, including financial terms, maintenance obligations, permitted use, alterations, and statutory compliance. This agreement type must comply with Irish legislation, particularly the Landlord and Tenant Acts and the Land and Conveyancing Law Reform Act 2009. It's essential for establishing clear rights and obligations for both parties, managing risk, and providing a framework for long-term property occupation and management.
Suggested Sections

1. Parties: Identification and details of the landlord and tenant, including registered addresses

2. Background: Context of the agreement, including brief description of the property and purpose of the lease

3. Definitions: Definitions of key terms used throughout the agreement

4. Demise: The formal grant of the lease, including the property description and term length

5. Rent and Payment Terms: Rent amount, payment schedule, review periods, and payment methods

6. Deposit: Details of security deposit, holding and return conditions

7. Tenant Covenants: Tenant's obligations including maintenance, use restrictions, and compliance with regulations

8. Landlord Covenants: Landlord's obligations including structural repairs and insurance

9. Insurance: Insurance requirements for both parties

10. Assignment and Subletting: Conditions under which the tenant may assign or sublet the property

11. Repairs and Maintenance: Detailed responsibilities for property maintenance and repairs

12. Alterations and Improvements: Rules regarding modifications to the property

13. Utilities and Services: Responsibilities for utilities, services, and associated costs

14. Termination: Conditions and procedures for ending the lease

15. Forfeiture: Circumstances under which the landlord may forfeit the lease

16. Notices: How and where formal notices must be served

17. Governing Law: Confirmation of Irish law as governing law and jurisdiction

18. Execution: Signature blocks and execution provisions

Optional Sections

1. Break Clause: Optional provision allowing either party to terminate the lease early under specified conditions

2. Rent-Free Period: Terms of any initial rent-free period as an incentive

3. Service Charge: For properties with common areas or shared services, detailing service charge calculations and payments

4. Green Lease Provisions: Environmental performance and sustainability requirements

5. Guarantor Provisions: Where a guarantor is required for the tenant's obligations

6. Planning and Use Restrictions: Specific planning conditions or use restrictions beyond standard terms

7. Fit-Out Works: Terms for initial tenant improvements or fit-out works

8. Option to Renew: Terms for extending the lease beyond the initial term

9. Car Parking: Specific provisions for car parking rights and obligations

10. COVID-19 Provisions: Specific terms dealing with pandemic-related issues and force majeure

Suggested Schedules

1. Schedule 1 - Property Description: Detailed description of the property including plans and measurements

2. Schedule 2 - Rent Review Provisions: Detailed mechanism for rent reviews

3. Schedule 3 - Service Charge Items: Detailed list of services covered by service charge

4. Schedule 4 - Condition Schedule: Description of property condition at lease commencement

5. Schedule 5 - Permitted Use: Detailed description of permitted use of the property

6. Schedule 6 - Building Rules and Regulations: Specific rules for the building or development

7. Appendix A - Plans: Property plans, floor plans, and site maps

8. Appendix B - Inventory: Inventory of any furnishings or equipment included in the lease

9. Appendix C - Photographic Schedule: Photographs documenting property condition

10. Appendix D - Building Insurance Certificate: Copy of current building insurance certificate

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions












































Clauses




































Relevant Industries

Commercial Real Estate

Retail

Industrial

Office Space

Hospitality

Healthcare

Education

Manufacturing

Logistics

Professional Services

Technology

Banking and Finance

Relevant Teams

Legal

Real Estate

Facilities Management

Finance

Operations

Compliance

Risk Management

Property Management

Business Development

Asset Management

Relevant Roles

Property Manager

Facilities Manager

Legal Counsel

Real Estate Director

Chief Financial Officer

Operations Manager

Commercial Director

Asset Manager

Compliance Officer

Risk Manager

Business Development Manager

Property Surveyor

Leasing Manager

Contract Administrator

Estate Manager

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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