Simple Space Rental Agreement

Simple Space Rental Agreement Template for United Arab Emirates

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Key Requirements PROMPT example:

"I need a Simple Space Rental Agreement for a retail shop space in Dubai Mall, with a 3-year term starting January 1, 2025, including fit-out period provisions and clear maintenance obligations for both parties."

Document background

The Simple Space Rental Agreement is designed for use in the United Arab Emirates when establishing a straightforward rental relationship between a landlord and tenant. This document is particularly useful for both commercial and residential property rentals where standard terms are sufficient and complex provisions are not required. The agreement ensures compliance with UAE Federal Law No. 5 of 1985 (Civil Code) and relevant emirate-specific property regulations, while covering essential aspects such as rental terms, payment schedules, maintenance obligations, and permitted use of the space. It serves as a comprehensive yet straightforward legal framework for protecting both parties' interests in a rental transaction within the UAE jurisdiction.

Suggested Sections

1. Parties: Identification of landlord and tenant with full legal names, addresses, and relevant registration details

2. Background: Brief context of the rental arrangement and purpose of the agreement

3. Definitions: Key terms used throughout the agreement defined for clarity

4. Property Details: Specific description and location of the rental space, including any included facilities or amenities

5. Term and Commencement: Duration of the lease and start date

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment

7. Security Deposit: Amount, payment terms, and conditions for return of the security deposit

8. Utilities and Services: Responsibility for utility payments and included services

9. Maintenance and Repairs: Obligations of both parties regarding property maintenance and repairs

10. Use of Premises: Permitted use of the space and any restrictions

11. Insurance: Required insurance coverage for both parties

12. Termination: Conditions and process for terminating the agreement

13. Governing Law: Specification of UAE law and relevant emirate jurisdiction

14. Notices: Process for formal communications between parties

Optional Sections

1. Fit-out Works: Details of any permitted modifications or improvements to the space, used when tenant will customize the space

2. Subletting and Assignment: Terms for transferring or sharing the space, included when these activities might be permitted

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

4. Break Clause: Early termination options, included when flexibility is needed

5. Common Areas: Rules for shared spaces, relevant for multi-tenant buildings

6. Parking: Specific parking arrangements, if applicable

7. Service Charges: Additional fees for building services, relevant for commercial properties

Suggested Schedules

1. Schedule 1 - Property Plan: Detailed floor plan and measurements of the rental space

2. Schedule 2 - Inventory: List of any furniture, fixtures, or equipment included in the rental

3. Schedule 3 - Building Rules: Specific rules and regulations for the property

4. Schedule 4 - Service Level Agreement: Details of services provided by the landlord

5. Schedule 5 - Handover Form: Condition report template for move-in and move-out

6. Appendix A - Required Permits: Copies of necessary permits and registrations

7. Appendix B - Payment Schedule: Detailed breakdown of all payments including rent, security deposit, and other fees

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate

Retail

Office Space

Commercial Services

Hospitality

Education

Healthcare

Professional Services

Manufacturing

Logistics

Technology

Financial Services

Relevant Teams

Legal

Facilities Management

Operations

Real Estate

Administration

Procurement

Finance

Compliance

Property Management

Relevant Roles

Facilities Manager

Real Estate Manager

Operations Director

Property Manager

Business Owner

Office Manager

Real Estate Agent

Legal Counsel

Contract Administrator

Procurement Manager

Chief Operating Officer

Administration Manager

Leasing Manager

Property Administrator

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Let's create your Simple Space Rental Agreement

Authors

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