Shop Rental Agreement Template for Indonesia

1. Option to Renew: Terms for lease renewal, used when parties want to include the possibility of extending the lease

2. Fit-out Works: Provisions regarding tenant improvements and modifications, included when the tenant needs to perform initial renovations

3. Trading Hours: Specific requirements for business operating hours, used in shopping centers or malls

4. Common Areas: Rules regarding common areas, included when the shop is part of a larger commercial complex

5. Assignment and Subletting: Conditions for transferring the lease or subletting, included when these options might be considered

6. Force Majeure: Provisions for unforeseen circumstances, particularly relevant post-COVID

7. Environmental Obligations: Special environmental requirements, included for businesses with environmental impact

8. Guarantees: Personal or corporate guarantees, included when additional security is required

1. Floor Plan: Detailed plan showing the exact premises being leased

2. Inventory List: List of any fixtures, fittings, or equipment included in the lease

3. Service Charges Breakdown: Detailed breakdown of service charges and maintenance fees

4. Building Rules and Regulations: Specific rules and regulations for the building or complex

5. Fit-out Guidelines: Technical specifications and guidelines for any permitted renovations or modifications

6. Handover Form: Condition report of the premises at the time of handover

7. Insurance Requirements: Detailed insurance requirements and minimum coverage amounts