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End Of Lease Contract Template for Hong Kong

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Key Requirements PROMPT example:

End Of Lease Contract

"I need an End of Lease Contract for a commercial office space in Hong Kong, where the tenant is terminating early on March 1, 2025, and we need to include specific provisions for removing installed IT infrastructure and restoring the premises."

Document background
The End of Lease Contract is a vital document used in Hong Kong when formally concluding a lease agreement between parties. It becomes necessary when a lease is approaching its natural end date or when parties mutually agree to terminate the lease early. The document ensures compliance with Hong Kong's property laws, particularly the Landlord and Tenant (Consolidation) Ordinance, and addresses critical aspects such as property condition requirements, security deposit returns, utility account closures, and final financial settlements. This contract type is essential for both residential and commercial properties, providing legal protection and clarity for all parties involved while establishing a clear record of the lease termination process and each party's fulfilled obligations.
Suggested Sections

1. Parties: Identification of the landlord and tenant, including full legal names and addresses

2. Background: Brief context about the original lease agreement and the intention to terminate

3. Definitions: Definitions of key terms used throughout the document

4. Termination Date: Specific date when the lease will terminate and the property will be handed over

5. Property Inspection: Requirements and process for final property inspection

6. Handover Requirements: Specific conditions for returning the property, including cleanliness and repair standards

7. Security Deposit: Terms for the return or deduction of the security deposit

8. Settlement of Accounts: Process for settling any outstanding rent, utilities, management fees, and other charges

9. Keys and Access Devices: Requirements for returning all keys, access cards, and related items

10. Release and Discharge: Mutual release from obligations under the original lease agreement

11. Governing Law: Confirmation that the agreement is governed by Hong Kong law

Optional Sections

1. Renovation Restoration: Details of any required restoration of alterations made during the tenancy

2. Outstanding Repairs: Specific provisions for handling any pending repairs or maintenance issues

3. Dispute Resolution: Procedures for resolving any disputes that may arise during the termination process

4. Extension Period: Provisions for temporary extension if needed for completion of works or moving out

5. Break Fee: Include if the termination is before the original lease end date and requires a penalty payment

6. Forwarding Address: Requirements for tenant to provide forwarding address for future correspondence

7. Property Marketing: Provisions for allowing property viewings if the termination is before the original end date

Suggested Schedules

1. Schedule 1 - Property Inventory: Detailed list of fixtures, fittings, and condition of the property

2. Schedule 2 - Outstanding Payments: Breakdown of any outstanding payments including utilities, management fees, etc.

3. Schedule 3 - Security Deposit Calculation: Detailed calculation of security deposit deductions and returns

4. Appendix A - Property Handover Checklist: Checklist for final inspection and handover requirements

5. Appendix B - Utility Transfer Forms: Forms for transferring or terminating utility accounts

6. Appendix C - Original Lease Agreement: Copy of the original lease agreement for reference

7. Appendix D - Property Photographs: Recent photographs documenting the property's condition

Authors

Alex Denne

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

Relevant legal definitions


























Clauses

























Relevant Industries

Real Estate

Property Management

Legal Services

Retail

Commercial Office

Hospitality

Industrial

Residential Property

Facilities Management

Corporate Services

Relevant Teams

Legal

Property Management

Facilities Management

Real Estate

Operations

Administration

Compliance

Asset Management

Tenant Relations

Contract Management

Relevant Roles

Property Manager

Legal Counsel

Real Estate Manager

Facilities Manager

Asset Manager

Leasing Manager

Property Administrator

Real Estate Agent

Legal Administrator

Compliance Officer

Operations Manager

Building Manager

Contract Administrator

Tenant Relations Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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