Commercial Property Lease Agreement for Malta
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Commercial Property Lease Agreement
"I need a Commercial Property Lease Agreement for a retail space in a shopping mall in Valletta, Malta, with a 5-year term starting March 1, 2025, including specific provisions for seasonal pop-up subletting rights during tourist season."
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1. Parties: Identification of the landlord and tenant, including full legal names, registration numbers for companies, and registered addresses
2. Background: Context of the lease agreement, including brief description of the property and intended commercial use
3. Definitions: Definitions of key terms used throughout the agreement
4. Demise: Formal grant of the lease, including precise description of the leased premises
5. Term and Commencement: Duration of the lease and commencement date
6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and review mechanisms
7. Service Charges: Details of service charges, including calculation method and payment terms
8. Deposit and Other Security: Requirements for security deposit and any other financial security
9. Use of Premises: Permitted use of the property and any restrictions
10. Maintenance and Repair: Responsibilities of both parties regarding maintenance, repairs, and replacements
11. Insurance: Insurance requirements for both landlord and tenant
12. Alterations and Improvements: Rules regarding modifications to the premises
13. Assignment and Subletting: Conditions under which the tenant may assign or sublet the property
14. Landlord's Covenants: Obligations and promises of the landlord
15. Tenant's Covenants: Obligations and promises of the tenant
16. Termination: Circumstances and procedures for ending the lease
17. Forfeiture: Conditions under which the landlord may forfeit the lease
18. Notices: How formal notices should be given between parties
19. Governing Law: Confirmation of Maltese law as governing law and jurisdiction
1. Break Clause: Optional provision allowing either party to terminate the lease early under specified conditions
2. Rent-Free Period: Terms of any rent-free period granted to the tenant
3. Turnover Rent: Additional rent based on tenant's business turnover, common in retail leases
4. Green Lease Provisions: Environmental and sustainability requirements
5. Covid-19 Provisions: Specific provisions dealing with pandemic-related issues
6. Service Level Agreement: Detailed service standards for managed properties
7. Guarantor Provisions: Terms applying to any guarantor of the tenant's obligations
8. Option to Renew: Terms for extending the lease beyond the initial term
9. Pre-emption Rights: Tenant's right of first refusal if landlord decides to sell
10. Exclusive Use Rights: Protection against competing businesses in the same building/complex
1. Schedule 1 - Property Plan: Detailed plans and drawings of the leased premises
2. Schedule 2 - Inventory: List of any fixtures, fittings, and equipment included in the lease
3. Schedule 3 - Service Charge Items: Detailed breakdown of service charge components and calculations
4. Schedule 4 - Building Rules: Regulations governing the use of the building and common areas
5. Schedule 5 - Condition Report: Detailed description of the property's condition at lease commencement
6. Schedule 6 - Permitted Alterations: Pre-approved alterations that the tenant may make
7. Schedule 7 - Rent Review Provisions: Detailed mechanism for rent reviews
8. Schedule 8 - Insurance Requirements: Specific insurance requirements and minimum coverage levels
9. Appendix A - Energy Performance Certificate: Property's energy performance certification
10. Appendix B - Safety Certificates: Relevant safety and compliance certificates
Authors
Building
Business Day
Business Hours
Common Areas
Commencement Date
Condition Report
Deposit
Expiry Date
Force Majeure
Gross Internal Area
Guarantor
Insurance Rent
Landlord
Lease Period
Lease Year
Licensed Use
Permitted Use
Planning Acts
Premises
Property
Quarter Day
Rent
Rent Commencement Date
Rent Payment Dates
Rent Review Date
Service Charge
Service Charge Year
Services
Structural Parts
Tenant
Tenant's Covenants
Term
Termination Date
VAT
Utilities
Working Hours
Building Rules
Maintenance Charge
Operating Expenses
Security Interest
Permitted Alterations
Superior Lease
Planning Permission
Common Parts
Energy Performance Certificate
Index
Interest Rate
Insured Risks
Management Company
Term and Duration
Rent Payment
Rent Review
Service Charges
Utilities
Security Deposit
Insurance
Permitted Use
Assignment and Subletting
Alterations and Improvements
Repairs and Maintenance
Landlord's Covenants
Tenant's Covenants
Break Rights
Force Majeure
Property Access
Common Areas
Health and Safety
Environmental Compliance
Building Rules
Quiet Enjoyment
Indemnification
Default and Remedies
Termination
Renewal Rights
Dispute Resolution
Notices
VAT and Taxation
Registration
Costs
Entire Agreement
Severability
Governing Law
Jurisdiction
Confidentiality
Planning and Zoning
Signage Rights
Yielding Up
Forfeiture
Guarantees
Retail
Office Space
Hospitality
Industrial
Warehousing
Healthcare
Food and Beverage
Professional Services
Entertainment
Technology
Financial Services
Education
Manufacturing
Logistics
Legal
Finance
Operations
Facilities Management
Real Estate
Risk and Compliance
Procurement
Business Development
Corporate Affairs
Administration
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Commercial Director
Chief Financial Officer
Business Development Manager
Operations Manager
Procurement Manager
Risk Manager
Compliance Officer
Finance Director
Real Estate Agent
Property Surveyor
Corporate Lawyer
Business Owner
Store Manager
Regional Manager
Managing Director
Company Secretary
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