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1 Year Rental Lease Agreement
"I need a 1 Year Rental Lease Agreement for a furnished luxury apartment in Dubai Marina, with specific clauses for gym and pool access, parking for two cars, and quarterly rent payments starting March 1, 2025; the agreement must comply with RERA regulations and include a detailed furniture inventory."
1. Parties: Identification of landlord and tenant with full legal names, Emirates ID numbers, and contact details
2. Background: Brief context about the property and the parties' intention to enter into a lease agreement
3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Security Deposit, and other relevant definitions
4. Property Details: Comprehensive description of the leased property including address, size, and permitted use
5. Term and Renewal: Lease duration, start and end dates, and conditions for renewal
6. Rent and Payment Terms: Rent amount, payment schedule, method of payment, and consequences of late payment
7. Security Deposit: Amount, payment terms, conditions for refund, and permitted deductions
8. Utilities and Services: Responsibility for connection, payment, and maintenance of utilities and services
9. Maintenance and Repairs: Responsibilities of landlord and tenant for property maintenance and repairs
10. Tenant Obligations: Standard responsibilities and restrictions on the tenant's use of the property
11. Landlord Obligations: Standard responsibilities of the landlord including maintaining the property's essential services
12. Insurance: Required insurance coverage and responsibilities of each party
13. Access and Inspection: Landlord's rights to access the property and conduct inspections
14. Termination: Grounds and procedures for early termination by either party
15. Governing Law: Specification of UAE law and relevant emirate-specific regulations
16. Notices: Methods and addresses for official communications between parties
17. Execution: Signature blocks and attestation requirements
1. Furniture and Appliances: Details of furnished properties including inventory list - use when property is rented furnished
2. Subletting and Assignment: Terms for subletting or assigning the lease - include if subletting might be permitted
3. Pet Policy: Rules regarding keeping pets in the property - include if pets are allowed
4. Pool/Gym Access: Terms of using community facilities - include for properties in managed communities
5. Parking: Allocation and rules for parking spaces - include if parking is available
6. Major Alterations: Process for requesting and implementing significant changes to the property - include for long-term or commercial-residential mixed use
7. Building Rules: Specific rules of the building or community - include for apartments or managed communities
8. Force Majeure: Provisions for extraordinary circumstances - include based on recent experiences with global disruptions
1. Schedule 1 - Property Floor Plan: Detailed floor plan showing the layout and boundaries of the leased property
2. Schedule 2 - Inventory List: Detailed list of furniture, appliances, and fixtures included in the lease
3. Schedule 3 - Condition Report: Detailed description and photos of property condition at start of lease
4. Schedule 4 - Building Rules: Copy of building or community rules and regulations
5. Schedule 5 - Maintenance Responsibility Matrix: Detailed breakdown of maintenance responsibilities between landlord and tenant
6. Schedule 6 - Utility Details: List of utility account numbers, providers, and transfer procedures
7. Appendix A - Security Deposit Form: Standard form documenting security deposit payment and terms
8. Appendix B - Handover Form: Template for property handover at start and end of lease
Authors
Real Estate
Property Management
Residential Housing
Property Development
Legal Services
Property Investment
Facility Management
Real Estate Brokerage
Property Insurance
Building Management
Real Estate
Legal
Property Management
Compliance
Operations
Facilities
Asset Management
Tenant Relations
Contract Administration
Risk Management
Property Manager
Real Estate Agent
Leasing Manager
Legal Counsel
Real Estate Broker
Facility Manager
Property Administrator
Compliance Officer
Real Estate Director
Housing Coordinator
Tenant Relations Manager
Asset Manager
Property Investment Manager
Real Estate Operations Manager
Lease Administrator
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