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1. Parties: Identification of the landlord and tenant, including full legal names, registration numbers for companies, and addresses
2. Background: Brief context of the agreement and property ownership
3. Definitions: Definitions of key terms used throughout the lease agreement
4. Demise: Formal grant of the lease and description of the leased premises
5. Term: Duration of the lease, including commencement and expiration dates
6. Rent and Payment Terms: Rent amount, payment schedule, and method of payment
7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit
8. Management Fees and Other Charges: Details of additional charges including management fees, utilities, and rates
9. Use of Premises: Permitted use of the premises and any restrictions
10. Tenant's Covenants: Tenant's obligations including maintenance, repair, and compliance with regulations
11. Landlord's Covenants: Landlord's obligations including structural repairs and quiet enjoyment
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Restrictions and conditions for transfer of lease or subletting
14. Default and Remedies: Events of default and corresponding remedies
15. Termination: Conditions and procedures for lease termination
16. Notices: Process for serving notices between parties
17. Governing Law: Confirmation of Hong Kong law as governing law and jurisdiction
1. Break Clause: Optional early termination rights - include when parties negotiate early termination options
2. Rent Review: Mechanism for periodic rent adjustments - include for longer-term leases
3. Renovation and Fitting Out: Specific provisions for initial renovation work - include for premises requiring tenant modifications
4. Service Charge Provisions: Detailed service charge calculations - include for multi-tenant buildings
5. Right of First Refusal: Tenant's right to lease additional space or renew - include if specifically negotiated
6. Green Lease Provisions: Environmental and sustainability obligations - include for green buildings or if specifically required
7. Naming Rights: Rights to building/premises naming - include for significant commercial properties
8. Car Parking: Allocation and management of parking spaces - include if parking is available
1. Schedule 1 - Property Description: Detailed description of the premises including floor plans and measurements
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments, including any step-up arrangements
3. Schedule 3 - Condition Report: Description of premises condition at lease commencement
4. Schedule 4 - Building Rules and Regulations: Specific rules governing the use of the building and common areas
5. Schedule 5 - Fitting Out Guidelines: Technical specifications and procedures for renovation work
6. Schedule 6 - Service Charge Components: Breakdown of service charge items and calculation method
7. Schedule 7 - Handover Condition: Required condition for premises return at lease end
8. Appendix A - Plans and Drawings: Floor plans, layout drawings, and location maps
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