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Non Exclusive Lease
"I need a Non-Exclusive Lease agreement for a co-working space in downtown Toronto, starting March 1, 2025, with provisions for 24/7 access and shared meeting room facilities for up to 20 team members."
1. Parties: Identifies and provides full legal details of the landlord and tenant
2. Background: Provides context for the lease agreement and describes the property
3. Definitions: Defines key terms used throughout the lease agreement
4. Grant of Lease: Specifies the non-exclusive nature of the lease and describes the leased premises
5. Term and Renewal: Details the duration of the lease and any renewal options
6. Rent and Additional Charges: Specifies base rent, operating costs, utilities, and payment terms
7. Use of Premises: Defines permitted uses of the leased space
8. Maintenance and Repairs: Outlines responsibilities for maintaining and repairing the premises
9. Insurance and Liability: Details required insurance coverage and liability obligations
10. Default and Remedies: Specifies events of default and available remedies
11. Assignment and Subletting: Details conditions for transferring lease rights
12. Notices: Specifies how formal communications between parties should be made
13. Governing Law: Establishes Canadian law as governing the agreement
14. General Provisions: Includes standard boilerplate clauses
1. Security Deposit: Required if the landlord requires a security deposit
2. Alterations and Improvements: Include if tenant is permitted to make changes to the premises
3. Shared Facilities: Required for properties with common areas or shared amenities
4. Environmental Matters: Include for properties with environmental concerns or requirements
5. Parking: Required if parking spaces are included in the lease
6. Signage Rights: Include if tenant has rights to install exterior or interior signage
7. Early Termination: Include if either party has rights to terminate before lease expiration
8. Force Majeure: Include specific provisions for unforeseen circumstances
9. Operating Hours: Required for commercial properties with specific operating hour restrictions
10. Quiet Enjoyment: Include specific provisions regarding shared space usage and interference
1. Schedule A - Floor Plan: Detailed plan showing the leased premises and common areas
2. Schedule B - Legal Description: Legal description of the property
3. Schedule C - Rent Schedule: Detailed breakdown of rent payments and escalations
4. Schedule D - Building Rules and Regulations: Specific rules governing the use of the property
5. Schedule E - Operating Costs: Detailed breakdown of additional charges and operating costs
6. Schedule F - Maintenance Standards: Specific standards for property maintenance
7. Schedule G - Insurance Requirements: Detailed insurance requirements and coverage limits
8. Schedule H - Tenant's Work: Specifications for any tenant improvements or modifications
9. Schedule I - Environmental Requirements: Specific environmental obligations and standards
10. Schedule J - Service Level Standards: Standards for building services and maintenance
Authors
Real Estate
Retail
Commercial Office Space
Industrial
Warehousing
Co-working Spaces
Healthcare
Education
Technology
Professional Services
Manufacturing
Logistics
Entertainment
Hospitality
Research and Development
Legal
Operations
Facilities Management
Finance
Real Estate
Risk Management
Compliance
Administrative Services
Corporate Services
Property Management
Property Manager
Facilities Director
Real Estate Manager
Legal Counsel
Operations Manager
Business Development Manager
Chief Financial Officer
Space Planning Manager
Asset Manager
Leasing Coordinator
Risk Manager
Compliance Officer
Corporate Services Manager
Administrative Director
Finance Manager
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