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Extend Lease Agreement
"I need a Lease Extension Agreement for our commercial office space in Amsterdam, extending the current lease for an additional 5 years from January 2025, with an option to include new sustainability requirements and modified maintenance terms."
1. Parties: Identification of the landlord and tenant, including full legal names, addresses, and registration numbers for companies
2. Background: Reference to the original lease agreement, its date, property details, and reason for extension
3. Definitions: Key terms used in the agreement, incorporating definitions from the original lease and any new terms
4. Extension Term: Specific details of the extension period, including start and end dates
5. Rent and Payment Terms: Updated rent amount, payment schedule, and any agreed adjustments
6. Confirmation of Other Terms: Statement confirming which original lease terms remain in effect
7. Modifications: Clear listing of any terms from the original lease that are being modified
8. Signatures: Execution block for all parties to sign, including date and place of signing
1. Index-Linked Adjustments: Include when rent adjustments will be tied to specific indices during the extension period
2. Maintenance Modifications: Include when there are changes to maintenance responsibilities
3. Security Deposit Update: Include when there are changes to the security deposit arrangement
4. Break Clause: Include when parties agree to early termination provisions
5. Property Improvements: Include when tenant is permitted to make specific modifications to the property
6. Subletting Provisions: Include when subletting terms are being modified or specifically addressed
7. Green Lease Provisions: Include when incorporating sustainability requirements or energy efficiency agreements
1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement being extended
2. Schedule 2 - Property Description: Updated description of the property including any modifications since original lease
3. Schedule 3 - Rent Calculation: Detailed breakdown of rent calculations and scheduled increases
4. Schedule 4 - Condition Report: Current condition of the property at time of extension
5. Schedule 5 - Energy Performance Certificate: Updated energy performance certificate if required
6. Appendix A - Building Rules: Updated building rules and regulations if applicable
7. Appendix B - Maintenance Schedule: Updated maintenance responsibilities and schedules if modified
Authors
Real Estate
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Logistics
Manufacturing
Technology
Professional Services
Non-profit Organizations
Public Sector
Legal
Real Estate
Facilities Management
Operations
Property Management
Asset Management
Contract Administration
Risk & Compliance
Business Development
Finance
Administrative Support
Property Manager
Real Estate Manager
Facility Manager
Legal Counsel
Contract Manager
Business Operations Manager
Asset Manager
Leasing Manager
Commercial Director
Housing Officer
Real Estate Agent
Portfolio Manager
Compliance Officer
Risk Manager
Operations Director
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