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Rent Agreement For Commercial Use
"I need a Rent Agreement For Commercial Use for a retail space in Dubai Mall, starting March 1, 2025, with specific provisions for signage rights and operating hours during Ramadan, plus option for 2-year renewal."
1. Parties: Identification of landlord and tenant with full legal names, trade license details, and authorized signatories
2. Background: Context of the agreement and brief description of the commercial property
3. Definitions: Definitions of key terms used throughout the agreement
4. Demised Premises: Detailed description of the leased property including location, size, and permitted use
5. Term and Renewal: Duration of lease, commencement date, expiry date, and renewal terms
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and method of payment
7. Service Charges: Additional charges for building maintenance, utilities, and common area services
8. Use of Premises: Permitted commercial activities and restrictions on use
9. Maintenance and Repairs: Responsibilities of landlord and tenant for maintenance and repairs
10. Alterations and Improvements: Rules regarding modifications to the premises
11. Insurance: Required insurance coverage for both parties
12. Assignment and Subletting: Conditions for transferring or subletting the premises
13. Landlord's Covenants: Obligations and warranties of the landlord
14. Tenant's Covenants: Obligations and warranties of the tenant
15. Termination: Grounds and procedures for early termination
16. Default and Remedies: Consequences of breach and available remedies
17. Registration: Requirements for registering the lease with relevant authorities
18. Notices: Communication procedures between parties
19. Governing Law and Jurisdiction: Applicable UAE laws and jurisdiction for disputes
1. Fit-out Works: Details of initial renovation or fit-out work, used when premises require tenant modifications
2. Trading Name and Signage: Rules for commercial branding and signage, relevant for retail premises
3. Operating Hours: Specified business hours, important for mall or managed building locations
4. Break Clause: Early termination options, included when negotiated by parties
5. Force Majeure: Provisions for unforeseen circumstances affecting business operations
6. Exclusivity Clause: Restrictions on similar businesses in the vicinity, relevant for retail locations
7. Green Lease Provisions: Environmental and sustainability requirements, used in green-certified buildings
8. Parking Allocation: Specific parking rights and restrictions, relevant for properties with shared parking facilities
1. Floor Plan: Detailed plan showing the leased premises and common areas
2. Rent Payment Schedule: Breakdown of rent payments and due dates
3. Service Charge Budget: Detailed breakdown of service charges and calculations
4. Fit-out Guidelines: Technical specifications for premises modifications
5. Handover Condition Report: Detailed description of premises condition at handover
6. Building Rules and Regulations: Specific rules governing the use of the building
7. Maintenance Schedule: Schedule of regular maintenance responsibilities
8. Permitted Use Details: Specific details of allowed commercial activities
Authors
Retail
Office Space
Hospitality
Industrial
Warehousing
Healthcare
Education
Food and Beverage
Professional Services
Technology
Manufacturing
Entertainment
Financial Services
Logistics
Real Estate
Legal
Real Estate
Facilities Management
Finance
Operations
Administration
Compliance
Risk Management
Corporate Services
Property Management
Asset Management
Business Development
Real Estate Manager
Property Manager
Facilities Manager
Legal Counsel
Chief Financial Officer
Operations Director
Business Development Manager
Commercial Director
Compliance Officer
Risk Manager
General Manager
Contract Manager
Corporate Services Manager
Administration Manager
Leasing Manager
Asset Manager
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