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5 Year Commercial Lease Agreement
"I need a 5 Year Commercial Lease Agreement for a retail space in Brussels, starting March 1, 2025, with provisions for significant storefront modifications and an option for the tenant to terminate after 3 years with 6 months' notice."
1. Parties: Identification and details of the landlord and tenant, including full legal names, registration numbers, and addresses
2. Background: Context of the lease agreement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased premises, including address and cadastral details
5. Term and Commencement: Duration of the lease (5 years) and commencement date
6. Rent and Payment Terms: Rent amount, payment schedule, indexation, and payment methods
7. Charges and Taxes: Distribution of charges, utilities, and taxes between parties
8. Security Deposit: Amount and form of security deposit and conditions for return
9. Use of Premises: Permitted commercial use and any restrictions
10. Maintenance and Repairs: Responsibilities for maintenance, repairs, and renovations
11. Insurance: Required insurance coverage for both parties
12. Assignment and Subletting: Conditions for assignment and subletting rights
13. Termination: Grounds and procedures for early termination
14. Renewal Rights: Provisions for lease renewal as per Belgian law
15. Governing Law: Confirmation of Belgian law application and jurisdiction
16. Notices: Process for formal communications between parties
17. Force Majeure: Provisions for unforeseen circumstances and their impact
1. Common Areas: Rules and charges for common areas when property is part of larger complex
2. Renovation Works: Specific provisions for planned renovation or improvement works
3. Environmental Provisions: Specific environmental obligations and certifications if required
4. Trading Hours: If the property is in a regulated area with specific trading hours
5. Signage Rights: Specific provisions for external signage and advertising
6. Parking: Parking rights and obligations if parking facilities are included
7. Break Clause: Optional early termination rights if agreed between parties
8. Green Lease Provisions: Sustainability and energy efficiency obligations if required
9. Covid-19 Provisions: Specific provisions related to pandemic situations if required
1. Schedule 1 - Floor Plans: Detailed plans and measurements of the leased premises
2. Schedule 2 - Inventory: Detailed inventory of any fixtures, fittings, and equipment included
3. Schedule 3 - State of Premises Report: Initial condition report of the premises
4. Schedule 4 - Building Rules: Specific rules and regulations for the building or complex
5. Schedule 5 - Service Charges Breakdown: Detailed breakdown of service charges and calculation method
6. Schedule 6 - Permitted Alterations: List of alterations that can be made without specific consent
7. Appendix A - Energy Performance Certificate: Current energy performance certificate for the premises
8. Appendix B - Environmental Certificates: Any required environmental or safety certificates
9. Appendix C - Insurance Requirements: Detailed insurance requirements for both parties
Authors
Applicable Laws
Building
Business Day
Business Hours
Commencement Date
Common Areas
Condition Report
Environmental Laws
Event of Default
Expiry Date
Force Majeure
Index
Initial Rent
Insurance Requirements
Landlord's Consent
Lease Period
Lease Year
Lettable Area
Maintenance Obligations
Operating Expenses
Permitted Use
Premises
Property
Quarter Day
Renewal Notice
Renewal Period
Rent
Rent Review Date
Security Deposit
Service Charges
Services
Term
Utilities
VAT
Working Hours
Security Deposit
Duration and Renewal
Property Use
Alterations and Improvements
Maintenance and Repairs
Insurance
Utilities and Services
Assignment and Subletting
Access Rights
Tenant Obligations
Landlord Obligations
Default and Remedies
Early Termination
Force Majeure
Notices
Registration
Environmental Compliance
Health and Safety
Signage Rights
Common Areas
Service Charges
Tax Obligations
Governing Law
Dispute Resolution
Severability
Entire Agreement
Waiver
Indemnification
Quiet Enjoyment
Retail
Hospitality
Professional Services
Food and Beverage
Healthcare
Financial Services
Technology
Manufacturing
Entertainment
Education
Logistics
Real Estate
Construction
Legal
Real Estate
Facilities Management
Operations
Finance
Risk and Compliance
Property Management
Asset Management
Corporate Services
Administration
Property Manager
Real Estate Director
Facilities Manager
Legal Counsel
Commercial Director
Business Owner
Operations Manager
Asset Manager
Leasing Manager
Chief Financial Officer
Risk Manager
Compliance Officer
Real Estate Agent
Property Lawyer
Corporate Secretary
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