The Rental Renewal Agreement is a crucial document used when parties wish to extend an existing lease arrangement in Indonesia. It's commonly utilized when the original lease term is approaching expiration and both parties agree to continue their landlord-tenant relationship. The document must adhere to Indonesian Civil Code requirements and local property regulations, incorporating references to the original lease while clearly stating any modifications to terms, rental amounts, or conditions. This agreement type is versatile, serving both residential and commercial property needs, and can be customized to address specific requirements such as updated maintenance obligations, revised payment terms, or new property rules. The document provides legal protection for all parties while ensuring clarity and continuity in the rental relationship.
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1. Parties: Identification of the landlord/lessor and tenant/lessee with their complete legal names, addresses, and any relevant registration numbers
2. Background: Brief recital of the original lease agreement details, including its date, term, and confirmation that parties wish to renew
3. Definitions: Key terms used in the agreement, including references to defined terms from the original lease that remain applicable
4. Renewal Term: Specific details of the renewal period, including start and end dates
5. Rental Amount: Updated rental amount, payment terms, and any adjustments from the previous rate
6. Continuation of Original Terms: Confirmation of which terms from the original lease agreement remain in effect
7. Modified Terms: Clear statement of any terms that are being changed from the original agreement
8. Security Deposit: Confirmation of existing security deposit or requirements for any additional deposit
9. Execution: Signature blocks for all parties and witnesses as required under Indonesian law
1. Additional Services: Include when the renewal includes changes to any additional services or utilities provided
2. Renovation/Modification Rights: Include when granting specific rights for property modifications during the renewal term
3. Insurance Requirements: Include when there are changes to insurance requirements or new insurance provisions
4. Option for Further Renewal: Include when granting the tenant an option for additional future renewals
5. Property Maintenance Obligations: Include when there are changes to maintenance responsibilities
6. Special Conditions: Include when there are property-specific conditions or requirements that need to be addressed
1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement being renewed
2. Schedule 2 - Property Details: Updated description and condition report of the property
3. Schedule 3 - Payment Schedule: Detailed breakdown of rent payments, including any incremental increases during the renewal term
4. Schedule 4 - Modified Terms: Detailed listing of all modifications to the original lease terms
5. Schedule 5 - Property Rules and Regulations: Updated building rules or regulations applicable during the renewal term
6. Appendix A - Property Photographs: Current photographs documenting the property condition at renewal
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