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Commercial Sublease Agreement
"I need a Commercial Sublease Agreement for subletting a 500-square-meter retail space in a Jakarta shopping mall, with specific provisions for operating hours, signage rights, and the ability to make substantial fit-out modifications for a restaurant business starting March 2025."
1. Parties: Identification of the sublessor and sublessee, including their legal names, registration numbers, and authorized representatives
2. Background: Context of the sublease, including reference to the master lease and confirmation of sublessor's authority to sublease
3. Definitions: Definitions of key terms used throughout the agreement
4. Demised Premises: Detailed description of the subleased property, including its location, size, and permitted use
5. Term and Renewal: Duration of the sublease, commencement date, expiry date, and any renewal options
6. Rent and Security Deposit: Rental amount, payment schedule, security deposit requirements, and review mechanisms
7. Service Charges and Utilities: Additional charges, including utilities, maintenance fees, and other operational costs
8. Use of Premises: Permitted use of the property and any restrictions on activities
9. Maintenance and Repairs: Responsibilities for maintenance, repairs, and improvements
10. Insurance and Liability: Required insurance coverage and allocation of risks
11. Assignment and Further Subletting: Restrictions on assignment and further subletting of the premises
12. Termination: Grounds for termination and the process for ending the agreement
13. Governing Law and Dispute Resolution: Applicable law and mechanisms for resolving disputes
14. Notices: Process and addresses for formal communications between parties
1. Fit-out Works: Include when the sublessee is permitted to perform initial modifications to the premises
2. Trading Requirements: Include for retail premises with specific operating hour requirements or trading obligations
3. Environmental Obligations: Include when the property use involves environmental considerations or risks
4. Signage Rights: Include when the sublessee has specific rights to install external or internal signage
5. Parking: Include when parking facilities are part of the sublease
6. Common Areas: Include when the property is part of a larger complex with shared facilities
7. Force Majeure: Include specific provisions for unforeseen circumstances affecting property use
8. Break Clause: Include when early termination options are offered to either party
1. Schedule 1 - Floor Plan: Detailed plans showing the demised premises and any exclusive or common areas
2. Schedule 2 - Master Lease Terms: Relevant excerpts from the master lease that affect the sublease
3. Schedule 3 - Inventory: List of any fixtures, fittings, or equipment included in the sublease
4. Schedule 4 - Service Charge Items: Detailed breakdown of service charges and calculation method
5. Schedule 5 - Building Rules: Building regulations and operational guidelines
6. Appendix A - Form of Bank Guarantee: Template for bank guarantee if required as security
7. Appendix B - Handover Protocol: Procedure and checklist for property handover
8. Appendix C - Fit-out Guidelines: Technical specifications and requirements for any permitted modifications
Authors
Applicable Laws
Building
Building Rules
Business Day
Commencement Date
Common Areas
Demised Premises
Expiry Date
Fit-out Works
Force Majeure Event
Guarantor
Initial Term
Insurance Requirements
Master Landlord
Master Lease
Permitted Use
Property
Renewal Option
Renewal Term
Rent
Security Deposit
Service Charges
Sublessor
Sublessee
Term
Termination Date
Utilities
Working Hours
Base Building Services
Building Management
Handover Date
Operating Expenses
Payment Date
Relevant Authorities
Review Date
Signage Rights
Stamp Duty
Trading Hours
Yield Up
Term
Rent
Security Deposit
Service Charges
Utilities
Permitted Use
Alterations and Improvements
Maintenance and Repair
Insurance
Assignment and Subletting
Quiet Enjoyment
Default and Remedies
Termination
Force Majeure
Property Access
Common Areas
Compliance with Laws
Environmental Obligations
Health and Safety
Building Rules
Signage
Parking Rights
Operating Hours
Liability and Indemnification
Dispute Resolution
Governing Law
Notices
Entire Agreement
Severability
Costs and Stamp Duty
Registration
Representations and Warranties
Condition of Premises
Yield Up
Break Rights
Retail
Commercial Real Estate
Office Space
Industrial
Hospitality
Food and Beverage
Healthcare
Education
Professional Services
Manufacturing
Logistics
Technology
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Property Management
Asset Management
Business Development
Administration
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Commercial Director
Operations Manager
Business Development Manager
Finance Director
Compliance Officer
Asset Manager
Lease Administrator
Chief Operating Officer
General Manager
Contract Manager
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