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Rent To Rent Contract
"I need a Rent to Rent Contract for a 10-unit apartment building in Jakarta, with a 5-year term starting March 2025, including guaranteed minimum monthly income for the property owner and the right to convert units for short-term rental use."
1. Parties: Details of the Property Owner (Head Landlord) and the Rent to Rent Operator (Head Tenant)
2. Background: Context of the agreement, including the property details and the business model of rent-to-rent
3. Definitions: Key terms used throughout the agreement including Property, Head Lease, Sub-tenancies, Rental Period, etc.
4. Grant of Lease: Terms of the head lease granted to the Rent to Rent Operator
5. Term and Renewal: Duration of the agreement and conditions for renewal
6. Rent and Payment Terms: Payment obligations, including amount, frequency, and method of payment
7. Deposit and Security: Details of security deposits and any guarantees required
8. Subletting Rights and Obligations: Terms under which the Operator can sublet the property
9. Maintenance and Repairs: Responsibilities for property maintenance and repairs
10. Insurance Requirements: Required insurance coverage for both parties
11. Property Access and Inspection: Rights of access for the property owner and inspection terms
12. Termination: Conditions and procedures for ending the agreement
13. Governing Law: Confirmation of Indonesian law governance and jurisdiction
1. Utilities and Services: Used when utilities management needs specific allocation between parties
2. Furniture and Fittings: Include when the property is furnished and requires inventory management
3. Property Management Services: When additional property management services are included in the arrangement
4. Renovation Rights: When the Operator is permitted to make property improvements
5. Marketing and Advertising: When specific terms about property marketing need to be agreed
6. Performance Targets: When minimum occupancy or revenue targets are required
7. Change of Ownership Provisions: When protection against property sale needs to be included
8. Force Majeure: When specific provisions for unforeseen circumstances are required
1. Property Description: Detailed description of the property including address, boundaries, and features
2. Inventory List: Comprehensive list of furniture, appliances, and fittings if furnished
3. Rent Schedule: Detailed breakdown of rent payments, including any scheduled increases
4. Maintenance Schedule: Specific maintenance responsibilities and schedules for both parties
5. Condition Report: Initial condition report with photographs of the property
6. Approved Subletting Terms: Standard terms to be used in sub-tenancy agreements
7. Insurance Requirements: Detailed insurance specifications and minimum coverage requirements
8. Building Regulations: Relevant building rules and regulations that affect the property use
Authors
Property
Head Lease
Head Landlord
Head Tenant
Operator
Sub-tenant
Sub-lease
Commencement Date
Term
Rental Period
Rent
Security Deposit
Permitted Use
Common Areas
Building
Fixtures and Fittings
Inventory
Maintenance
Essential Repairs
Operating Expenses
Force Majeure Event
Business Day
Applicable Laws
Relevant Authorities
Insurance Requirements
Property Manager
Management Services
Utilities
Service Charges
Occupancy Rate
Minimum Guaranteed Rent
Payment Date
Default Event
Notice
Renewal Period
Break Clause
Permitted Alterations
Building Regulations
IMB (Izin Mendirikan Bangunan)
Property Tax (PBB)
Guarantor
Damages
Interest Rate
Subletting Rights
Term and Renewal
Rent and Payment
Security Deposit
Property Access
Maintenance and Repairs
Alterations and Improvements
Insurance
Utilities and Services
Property Management
Compliance with Laws
Default and Remedies
Termination
Force Majeure
Assignment and Transfer
Notices
Indemnification
Liability
Dispute Resolution
Governing Law
Confidentiality
Guarantees
Health and Safety
Environmental Compliance
Property Tax
Registration Requirements
Building Regulations
Change of Control
Severability
Real Estate
Property Management
Hospitality
Short-term Rentals
Residential Property
Commercial Property
Property Investment
Housing Services
Legal
Property Management
Operations
Real Estate
Business Development
Compliance
Asset Management
Facilities Management
Finance
Risk Management
Property Manager
Real Estate Investment Manager
Property Operations Director
Legal Counsel
Business Development Manager
Asset Manager
Facilities Manager
Property Portfolio Manager
Real Estate Entrepreneur
Housing Services Manager
Rental Operations Manager
Compliance Officer
Property Investment Analyst
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