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1. Parties: Identification of the lessor and lessee, including their complete legal names, addresses, and registration details
2. Background: Context of the agreement, relationship between parties, and general purpose of the master lease arrangement
3. Definitions: Comprehensive definitions of terms used throughout the agreement, including Property, Lease Term, Common Areas, etc.
4. Grant of Lease: Core provision establishing the lease relationship and incorporation of individual property leases
5. Term and Renewal: Master agreement duration, renewal processes, and relationship to individual property lease terms
6. Rent and Other Charges: General provisions for rent determination, payment terms, and additional charges
7. Security Deposit: Requirements for security deposits, terms of holding and return
8. Use of Premises: General permitted and prohibited uses of leased properties
9. Maintenance and Repairs: Allocation of maintenance responsibilities between lessor and lessee
10. Alterations and Improvements: Rules governing modifications to leased properties
11. Insurance and Liability: Required insurance coverage and allocation of risks
12. Default and Remedies: Events of default, cure periods, and available remedies
13. Assignment and Subletting: Rules regarding transfer of lease rights and subletting
14. Governing Law and Dispute Resolution: Choice of law and mechanisms for resolving disputes
15. Notices: Methods and requirements for formal communications between parties
16. General Provisions: Standard boilerplate provisions including severability, entire agreement, and amendments
1. Common Areas: Required for multi-tenant properties, defining rights and obligations regarding shared spaces
2. Utilities and Services: Include when utilities are not individually metered or when services are provided by lessor
3. Environmental Matters: Important for industrial or potentially contaminated properties
4. Building Rules and Regulations: Necessary for properties with specific operational requirements or shared facilities
5. Property Management: Include when property management services are provided by lessor or designated agent
6. Force Majeure: While often standard, can be optional based on risk allocation preferences
7. Development Rights: Include for properties that may undergo future development or major renovations
8. Early Termination Rights: Optional provisions for early termination under specific circumstances
9. Signage Rights: Important for commercial properties where visibility and branding are crucial
1. Schedule of Properties: List of all properties covered under the master lease, with detailed descriptions and specific terms
2. Rent Schedule: Detailed breakdown of rent for each property, including escalation rates and special provisions
3. Form of Property Schedule: Template for adding new properties to the master lease
4. Service Level Requirements: Detailed maintenance and service standards for each property type
5. Insurance Requirements: Specific insurance coverage requirements and minimum limits
6. Permitted Alterations: Pre-approved alterations and improvement guidelines
7. Building Rules: Detailed rules and regulations for property use and operation
8. Condition Report Template: Standard form for documenting property condition at commencement and termination
9. Handover Procedures: Detailed procedures for property handover at commencement and termination
Real Estate
Retail
Banking and Financial Services
Manufacturing
Logistics and Warehousing
Healthcare
Education
Hospitality
Technology
Professional Services
Telecommunications
Food and Beverage
Industrial
Legal
Real Estate
Facilities Management
Finance
Operations
Procurement
Risk Management
Compliance
Asset Management
Property Management
Corporate Services
Administration
Chief Legal Officer
Real Estate Manager
Facilities Manager
Property Manager
Legal Counsel
Chief Financial Officer
Operations Director
Business Development Manager
Corporate Real Estate Manager
Procurement Manager
Risk Manager
Compliance Officer
Asset Manager
Lease Administrator
Real Estate Director
Chief Operating Officer
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