Rental Fee Agreement Template for Indonesia

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Key Requirements PROMPT example:

Rental Fee Agreement

"I need a Rental Fee Agreement for a commercial warehouse space in Jakarta Industrial Park, starting March 1, 2025, with specific clauses for 24/7 access and heavy machinery usage permissions, including an option to renew for two additional years."

Document background
The Rental Fee Agreement serves as a crucial legal instrument in Indonesian property transactions, designed to protect the interests of both landlords and tenants while ensuring compliance with local property laws and regulations. This document is essential when establishing a formal rental arrangement for any type of property in Indonesia, whether residential or commercial. It comprehensively covers rental fees, payment terms, security deposits, maintenance responsibilities, and other crucial aspects of the landlord-tenant relationship. The agreement must align with the Indonesian Civil Code (KUHPerdata) and relevant property regulations, including local building codes and zoning laws. It's particularly important in formal business settings where clear documentation of terms and conditions is necessary for legal and accounting purposes.
Suggested Sections

1. Parties: Identification and details of the landlord and tenant, including complete legal names, addresses, and any relevant registration numbers

2. Background: Context of the rental agreement, including brief description of the property and purpose of the rental

3. Definitions: Definitions of key terms used throughout the agreement to ensure clarity and prevent misinterpretation

4. Property Details: Comprehensive description of the rental property, including address, size, and specific inclusions/exclusions

5. Rental Fee and Payment Terms: Detailed breakdown of rental fee, payment schedule, method of payment, and late payment consequences

6. Security Deposit: Amount, payment terms, conditions for deduction, and return of security deposit

7. Term and Renewal: Duration of the rental agreement, commencement date, and conditions for renewal

8. Rights and Obligations: Detailed responsibilities and rights of both landlord and tenant

9. Maintenance and Repairs: Responsibilities for property maintenance, process for reporting and addressing repairs

10. Termination: Conditions and process for early termination, notice periods, and consequences

11. Governing Law: Specification of Indonesian law as governing law and relevant jurisdictional details

12. Signatures: Execution clause and space for signatures of all parties

Optional Sections

1. Utilities and Services: Details of utility responsibilities and included services, use when utilities are not included in base rental fee

2. Subletting: Terms and conditions for subletting, include when subletting is permitted

3. Insurance: Insurance requirements for both parties, include when specific insurance coverage is required

4. Property Modifications: Terms for making alterations to the property, include when renovations or modifications might be permitted

5. Force Majeure: Provisions for unforeseen circumstances, particularly relevant in light of recent global events

6. Building Rules: Specific rules applicable to the property, include for properties in managed buildings or complexes

Suggested Schedules

1. Schedule A - Property Inventory: Detailed list of furniture, appliances, and fixtures included in the rental

2. Schedule B - Property Condition Report: Documented condition of the property at the start of the tenancy

3. Schedule C - Payment Schedule: Detailed breakdown of all payments including rent increases if applicable

4. Schedule D - Building Rules and Regulations: Specific rules and regulations applicable to the property or building complex

5. Appendix 1 - Property Photos: Photographic evidence of property condition at commencement

6. Appendix 2 - Required Permits: Copies of relevant permits and certificates required under Indonesian law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Real Estate

Property Management

Commercial Leasing

Residential Housing

Retail

Office Space

Industrial

Hospitality

Warehousing

Co-working Spaces

Relevant Teams

Legal

Finance

Operations

Facilities Management

Real Estate

Administration

Compliance

Property Management

Asset Management

Risk Management

Relevant Roles

Property Manager

Real Estate Manager

Facilities Manager

Legal Counsel

Corporate Lawyer

Finance Manager

Operations Manager

Asset Manager

Leasing Manager

Commercial Director

Chief Financial Officer

Compliance Officer

Administrative Manager

Property Administrator

Real Estate Agent

Building Superintendent

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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