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Simple Shop Rental Agreement
"I need a Simple Shop Rental Agreement for a 400 sq ft retail space in a shopping center in Causeway Bay, Hong Kong, starting March 1, 2025, with strict operating hours requirements and a three-year term with an option to renew."
1. Parties: Identification of the landlord and tenant with full legal names and addresses
2. Background: Brief context of the agreement and property ownership
3. Definitions: Key terms used throughout the agreement
4. Demised Premises: Detailed description of the leased shop space and any included facilities
5. Term: Duration of the lease, including commencement and expiry dates
6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
7. Security Deposit: Amount, payment terms, and conditions for return
8. Utilities and Management Charges: Responsibility for utilities, management fees, and other charges
9. Use of Premises: Permitted business activities and restrictions on use
10. Maintenance and Repairs: Responsibilities of both parties for maintenance and repairs
11. Insurance: Required insurance coverage by both parties
12. Default and Termination: Events of default and termination procedures
13. Assignment and Subletting: Restrictions on transfer of lease rights
14. Governing Law: Specification of Hong Kong law as governing law
15. Execution: Signature blocks and execution details
1. Renovation and Alterations: Terms for tenant improvements and modifications, used when premises requires or permits renovation
2. Option to Renew: Terms for lease renewal, included when parties agree to potential extension
3. Break Clause: Early termination provisions, included when early termination might be needed
4. Trade Restrictions: Specific restrictions on business type, included in shopping centers or multi-tenant buildings
5. Guarantor: Details of guarantee arrangement, used when tenant requires a guarantor
6. Handover Condition: Specific requirements for premises condition at start/end, used for specially fitted premises
7. Operating Hours: Required business hours, typically for shopping center locations
8. Signage Rights: Terms for external signage, important for retail locations
1. Schedule 1: Floor Plan: Detailed floor plan of the premises including measurements
2. Schedule 2: Inventory: List of fixtures, fittings, and equipment included in the lease
3. Schedule 3: House Rules: Building regulations and management rules
4. Schedule 4: Rent Payment Schedule: Detailed breakdown of rent payments and due dates
5. Schedule 5: Handover Condition Photos: Photographic evidence of premises condition at handover
6. Appendix A: Permitted Use Details: Detailed description of permitted business activities
7. Appendix B: Renovation Guidelines: Technical specifications for permitted renovations
Authors
Building
Business Day
Commencement Date
Common Areas
Demised Premises
Expiry Date
Government
Government Rent
Initial Term
Landlord
Management Charges
Management Company
Permitted Use
Property
Rates
Rent
Rent Commencement Date
Security Deposit
Service Charges
Tenant
Term
Utilities
Working Hours
Term
Rent and Payment
Security Deposit
Operating Expenses
Permitted Use
Management Charges
Utilities
Insurance
Maintenance and Repair
Alterations and Improvements
Assignment and Subletting
Landlord Access
Tenant Obligations
Landlord Obligations
Default and Remedies
Termination
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Quiet Enjoyment
Compliance with Laws
Building Rules
Signage Rights
Fire Safety
Handover Conditions
Registration
Retail
Food and Beverage
Fashion and Apparel
Electronics and Technology
Beauty and Wellness
Professional Services
Financial Services
Arts and Crafts
Healthcare
Entertainment
Real Estate
Legal Services
Legal
Real Estate
Operations
Finance
Compliance
Administration
Facilities Management
Asset Management
Risk Management
Property Management
Property Manager
Retail Operations Manager
Business Owner
Real Estate Manager
Leasing Executive
Commercial Property Agent
Legal Counsel
Facilities Manager
Asset Manager
Store Manager
Regional Manager
Chief Financial Officer
Operations Director
Compliance Officer
Property Administrator
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