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Commercial Property Lease Agreement
"I need a Commercial Property Lease Agreement for a three-story retail building in Jakarta's central business district, starting from March 1, 2025, with provisions for a foreign retail company tenant and specific requirements for signage rights and 24/7 operation."
1. Parties: Identification of the lessor and lessee with complete legal names, addresses, and registration details
2. Background: Context of the lease agreement, including brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Detailed description of the leased premises, including exact location, size, and included facilities
5. Lease Term: Duration of the lease, commencement date, and conditions for renewal
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods
7. Service Charges and Utilities: Details of additional charges, utilities, and maintenance fees
8. Use of Premises: Permitted use of the property and any restrictions
9. Maintenance and Repairs: Responsibilities of both parties regarding maintenance, repairs, and improvements
10. Insurance and Liability: Insurance requirements and allocation of risks between parties
11. Default and Remedies: Events of default and available remedies for both parties
12. Termination: Conditions and procedures for early termination
13. Handover and Return: Conditions for property handover at start and end of lease
14. Governing Law and Dispute Resolution: Applicable law and methods for resolving disputes
15. Notices: Methods and addresses for official communications between parties
16. General Provisions: Standard legal provisions including severability, entire agreement, and amendments
1. Foreign Investment Provisions: Required when lessee is a foreign entity, addressing compliance with Indonesian foreign investment laws
2. Fit-out Works: Include when tenant will undertake significant modifications or improvements
3. Environmental Compliance: Required for properties in environmentally sensitive areas or for specific business types
4. Building Management Rules: Include for properties in multi-tenant buildings or complexes
5. Trading Requirements: Include for retail premises with specific trading hour requirements or restrictions
6. Signage Rights: Include when tenant requires specific signage rights
7. Parking Arrangements: Include when parking facilities are part of the lease
8. Force Majeure: Detailed provisions for unforeseen circumstances, particularly relevant post-COVID
9. Subletting and Assignment: Include when tenant may need to sublet or assign the lease
10. Break Clause: Include when early termination options are negotiated
1. Schedule 1 - Property Plan: Detailed floor plans and property boundaries
2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included in the lease
3. Schedule 3 - Service Charges Breakdown: Detailed breakdown of service charges and calculation method
4. Schedule 4 - Building Rules and Regulations: Specific rules and regulations for the property
5. Schedule 5 - Fit-out Guidelines: Technical specifications and requirements for any tenant improvements
6. Schedule 6 - Handover Condition Report: Detailed report of property condition at handover
7. Schedule 7 - Permitted Alterations: List of alterations that can be made without landlord consent
8. Schedule 8 - Insurance Requirements: Detailed insurance requirements for both parties
9. Appendix A - Required Licenses and Permits: List of necessary licenses and permits for property use
10. Appendix B - Environmental Compliance Requirements: Environmental standards and compliance requirements
Authors
Applicable Laws
Building
Building Management
Building Rules
Business Day
Commencement Date
Common Areas
Condition Report
Default Interest Rate
Deposit
Event of Default
Expiry Date
Fit-out Works
Force Majeure
IMB (Izin Mendirikan Bangunan)
Initial Term
Insurance Requirements
Lease Period
Lease Year
Lessee
Lessor
Maintenance Charges
Notice
Outgoings
Parking Areas
Parties
Permitted Use
Premises
Property
Rent
Renewal Term
Security Deposit
Service Charges
SIUP (Business Trading License)
Substantial Damage
Tenant's Fixtures
Term
Termination Date
Utilities
Working Hours
Term and Renewal
Rent Payment
Security Deposit
Service Charges
Utilities and Outgoings
Permitted Use
Assignment and Subletting
Alterations and Improvements
Maintenance and Repairs
Insurance
Property Access
Quiet Enjoyment
Building Rules and Regulations
Environmental Compliance
Health and Safety
Force Majeure
Default and Remedies
Termination
Property Return
Indemnification
Representations and Warranties
Compliance with Laws
Notices
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendment
Foreign Investment Compliance
Building Management
Security and Access
Signage Rights
Parking Rights
Common Areas Usage
Property Handover
Break Clause
Registration Requirements
Real Estate
Retail
Hospitality
Office Space
Industrial
Warehousing
Food and Beverage
Banking and Financial Services
Healthcare
Education
Technology
Professional Services
Manufacturing
Logistics
Entertainment and Recreation
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Corporate Services
Business Development
Property Management
Asset Management
Administration
Property Manager
Real Estate Director
Facilities Manager
Legal Counsel
Commercial Director
Chief Financial Officer
Operations Manager
Business Development Manager
Compliance Officer
Risk Manager
Asset Manager
Leasing Manager
Corporate Services Manager
General Counsel
Real Estate Investment Manager
Property Development Manager
Branch Manager
Store Manager
Regional Manager
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