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Commercial Property Rental Agreement
"I need a Commercial Property Rental Agreement for a retail space in West Bay, Doha, starting March 1, 2025, with an initial 5-year term and two renewal options of 3 years each, including provisions for percentage rent based on retail sales."
1. Parties: Identification of the Landlord and Tenant, including full legal names, commercial registration numbers, and authorized representatives
2. Background: Context of the agreement, including brief description of the property and parties' intention to enter into a lease arrangement
3. Definitions: Definitions of key terms used throughout the agreement, including 'Property', 'Lease Term', 'Rent', 'Common Areas', etc.
4. Property Details: Detailed description of the leased premises, including location, size, and permitted use
5. Lease Term: Duration of the lease, commencement date, and any renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and method of payment
7. Utilities and Services: Responsibility for utilities, maintenance services, and related charges
8. Maintenance and Repairs: Obligations of both parties regarding property maintenance, repairs, and improvements
9. Use of Property: Permitted commercial activities and restrictions on use
10. Insurance Requirements: Required insurance coverage for both parties
11. Default and Remedies: Events of default and available remedies for both parties
12. Termination: Grounds for termination and related procedures
13. Governing Law and Jurisdiction: Confirmation of Qatar law application and jurisdiction
14. Execution: Signature blocks and execution formalities
1. Fit-Out Works: Details of any preliminary works to be carried out before occupancy - include when premises require modification
2. Service Charges: Detailed breakdown of service charges - include for multi-tenant buildings
3. Assignment and Subletting: Terms for transferring or sharing the lease - include when these rights are to be granted
4. Break Clause: Early termination provisions - include when early termination rights are negotiated
5. Force Majeure: Provisions for unforeseen circumstances - include when specifically negotiated
6. Green Lease Provisions: Environmental and sustainability requirements - include for green buildings or when required by regulations
7. Parking: Allocation and terms of parking spaces - include when parking is part of the lease
8. Signage Rights: Terms for external and internal signage - include for retail or prominent commercial locations
1. Schedule 1 - Property Plan: Detailed floor plans and measurements of the leased premises
2. Schedule 2 - Inventory: List of any fixtures, fittings, or equipment included in the lease
3. Schedule 3 - Service Level Agreement: Detailed breakdown of services provided and service standards
4. Schedule 4 - Fit-Out Guidelines: Technical specifications and requirements for any tenant improvements
5. Schedule 5 - Building Rules: Operational rules and regulations for the building
6. Schedule 6 - Handover Protocol: Procedures and checklist for property handover
7. Schedule 7 - Rent Payment Schedule: Detailed breakdown of rent payments and escalations
8. Appendix A - Required Permits: List of necessary permits and licenses for commercial operation
Authors
Retail
Office Space
Hospitality
Industrial
Warehousing
Healthcare
Education
Financial Services
Technology
Professional Services
Food and Beverage
Entertainment
Logistics
Manufacturing
Legal
Real Estate
Facilities Management
Operations
Finance
Compliance
Risk Management
Property Management
Business Development
Administration
Real Estate Manager
Property Manager
Legal Counsel
Commercial Director
Facilities Manager
Business Development Manager
Operations Manager
Chief Financial Officer
Compliance Officer
Real Estate Agent
Leasing Manager
Asset Manager
Contract Administrator
Risk Manager
Office Manager
Commercial Lease Administrator
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