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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."
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
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
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
Real Estate
Property Management
Legal Services
Retail
Commercial Office
Hospitality
Industrial
Residential Property
Facilities Management
Corporate Services
Legal
Property Management
Facilities Management
Real Estate
Operations
Administration
Compliance
Asset Management
Tenant Relations
Contract Management
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
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