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Renewal Of Tenancy Agreement
"I need a Renewal of Tenancy Agreement for my residential apartment in Hong Kong, with a 5% rent increase from the current rate and a new term starting March 1, 2025, including provisions for work-from-home arrangements."
1. Parties: Identification of the landlord and tenant with their full legal names and addresses
2. Background: Reference to the original tenancy agreement, its date, and the parties' intention to renew
3. Definitions: Key terms used in the agreement, including any new definitions not in the original agreement
4. Renewal Term: Specific period of the renewal, including start and end dates
5. Rent and Payment Terms: Updated rental amount, payment schedule, and method of payment
6. Deposit: Confirmation of existing security deposit or requirements for additional deposit
7. Continuation of Original Terms: Clause confirming which terms from the original agreement remain in force
8. Modified Terms: Clear statement of any terms that differ from the original agreement
9. Execution: Signature blocks for all parties and witnesses
10. Governing Law: Confirmation that Hong Kong law governs the agreement
1. Additional Occupants: Required if there are changes to the approved occupants of the property
2. Renovation and Alterations: Include if specific works are to be permitted during the renewal term
3. Special Conditions: For any new specific requirements or arrangements not in the original agreement
4. Break Clause: Optional early termination provisions if agreed between parties
5. Rent Review: Include if there are provisions for rent adjustment during the renewal term
6. Green Lease Provisions: Environmental and sustainability requirements if applicable
7. Covid-19 or Force Majeure Provisions: Special provisions for handling unexpected events or restrictions
1. Schedule 1 - Property Details: Detailed description of the property including any changes to fixtures and fittings
2. Schedule 2 - Rent Payment Schedule: Detailed breakdown of rent payments and due dates
3. Schedule 3 - Inventory: Updated list of furniture and appliances if property is furnished
4. Schedule 4 - Property Condition: Current condition report and photographs
5. Appendix A - Original Agreement: Copy of the original tenancy agreement for reference
6. Appendix B - Building Rules: Updated building management rules and regulations if any
7. Appendix C - Special Terms: Any special terms or conditions agreed between the parties
Authors
Real Estate
Retail
Commercial Property
Residential Property
Hospitality
Office Space Management
Industrial Property
Professional Services
Banking and Financial Services
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Property Management
Corporate Services
Administration
Property Manager
Real Estate Manager
Facilities Manager
Legal Counsel
Corporate Lawyer
Real Estate Agent
Leasing Manager
Operations Manager
Asset Manager
Property Administrator
Compliance Officer
Risk Manager
Company Secretary
Finance Manager
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