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1. Parties: Identifies all parties to the agreement: Landlord, Existing Tenant (Transferor), and New Tenant (Transferee)
2. Background: Recitals explaining the existing lease arrangement and the intention to transfer
3. Definitions: Defines key terms used throughout the agreement
4. Transfer of Lease: Core clause detailing the transfer of rights and obligations from existing tenant to new tenant
5. Consideration: Details of any payment made for the transfer
6. Effective Date: Specifies when the transfer takes effect
7. Landlord's Consent: Confirmation of landlord's agreement to the transfer
8. Existing Tenant's Warranties: Warranties regarding the lease status and compliance
9. New Tenant's Covenants: New tenant's undertakings to comply with lease terms
10. Security Deposit: Arrangements for transfer or replacement of security deposit
11. Stamp Duty and Costs: Responsibility for transfer costs and stamp duty
12. Governing Law and Jurisdiction: Confirms Hong Kong law governs the agreement
13. Execution: Signature blocks for all parties
1. Outstanding Payments: Required when there are rent arrears or other outstanding payments to be addressed
2. Condition of Premises: Used when specific conditions about the premises' state need to be documented
3. Guarantor: Needed when the new tenant provides a guarantor
4. Novation Terms: Required when fully novating rather than just assigning the lease
5. Break Clause: Optional terms allowing early termination by the new tenant
6. Existing Tenant's Release: Specific terms releasing the existing tenant from obligations
7. Agent Acknowledgment: Required when property agents are involved in the transfer
1. Schedule 1 - Original Lease: Copy or details of the original lease agreement
2. Schedule 2 - Property Details: Detailed description of the leased premises
3. Schedule 3 - Inventory: List of fixtures, fittings, and furniture included in the transfer
4. Schedule 4 - Outstanding Matters: List of any pending issues or payments
5. Schedule 5 - Special Conditions: Any special terms or conditions applying to the transfer
6. Appendix A - Required Consents: Copies of all necessary consents and approvals
7. Appendix B - Property Photos: Photographic evidence of property condition at transfer
Assignment Date
Building
Business Day
Completion
Consent
Effective Date
Existing Lease
Existing Tenant
Hong Kong
Landlord
Lease
New Tenant
Original Lease Agreement
Parties
Premises
Property
Rent
Security Deposit
Stamp Duty
Term
Transfer
Transfer Fee
Transferee
Transferor
Outstanding Payments
Permitted Use
Management Fees
Guarantor
Liability Period
Property Manager
Related Documents
Service Charges
Transfer of Rights
Assignment
Consent
Consideration
Security Deposit
Warranties
Representations
Covenants
Conditions Precedent
Payment Terms
Registration
Stamp Duty
Property Condition
Handover
Liability
Release
Indemnification
Insurance
Default
Termination
Force Majeure
Notices
Costs
Severability
Entire Agreement
Amendment
Waiver
Governing Law
Jurisdiction
Dispute Resolution
Confidentiality
Further Assurance
Assignment and Novation
Counterparts
Survival
Real Estate
Commercial Property
Retail
Office Space
Industrial
Hospitality
Food and Beverage
Healthcare
Education
Manufacturing
Warehousing
Professional Services
Legal
Real Estate
Facilities Management
Operations
Administration
Compliance
Property Management
Corporate Services
Risk Management
Finance
Property Manager
Facilities Manager
Real Estate Agent
Legal Counsel
Corporate Lawyer
Leasing Manager
Commercial Director
Operations Manager
Business Owner
Property Administrator
Compliance Officer
Real Estate Director
Tenant Relations Manager
Asset Manager
Company Secretary
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