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Pre Lease Agreement
"I need a Pre Lease Agreement for a new commercial office space in Doha, Qatar, where my company will require 3 months for fit-out works before moving in, and we want to ensure exclusive negotiating rights during this period."
1. Parties: Identification of the prospective landlord and tenant, including full legal names, addresses, and registration details if companies
2. Background: Context of the agreement, including property details and parties' intention to enter into a formal lease
3. Definitions: Key terms used throughout the agreement including Property, Lease Commencement Date, Initial Rent, etc.
4. Property Details: Detailed description of the property to be leased, including address, size, and permitted use
5. Pre-lease Obligations: Specific commitments of both parties prior to the formal lease execution
6. Deposit and Pre-payments: Details of any security deposit, advance rent or other payments required
7. Lease Terms: Key terms to be included in the final lease agreement including duration, rent, and payment terms
8. Conditions Precedent: Conditions that must be satisfied before the formal lease becomes effective
9. Timeframe: Timeline for satisfying conditions and executing the formal lease agreement
10. Termination Rights: Circumstances under which either party may terminate the pre-lease agreement
11. Governing Law and Jurisdiction: Confirmation that Qatar law governs and Qatar courts have jurisdiction
1. Fit-out Works: Include when the property requires modifications or fit-out works before occupation
2. Due Diligence: Include when the tenant requires a period to conduct property investigations
3. Break Options: Include when either party wants the right to terminate the future lease early
4. Exclusivity: Include when the landlord agrees not to negotiate with other potential tenants
5. Force Majeure: Include when parties want specific provisions for unforeseen circumstances
6. Broker Provisions: Include when real estate brokers are involved in the transaction
1. Property Plan: Detailed floor plans and location maps of the property
2. Agreed Form of Lease: Draft of the final lease agreement to be executed
3. Payment Schedule: Breakdown of all payments including deposits, advance rent, and other charges
4. Condition Report: Current condition of the property and any existing defects
5. Fit-out Specifications: Details of any agreed modifications or improvements to the property
Authors
Real Estate
Commercial Property
Retail
Office Space
Industrial
Hospitality
Healthcare
Education
Logistics
Manufacturing
Legal
Real Estate
Operations
Facilities Management
Finance
Compliance
Property Management
Asset Management
Commercial
Business Development
Real Estate Manager
Property Manager
Legal Counsel
Commercial Director
Facilities Manager
Operations Manager
Asset Manager
Leasing Manager
Real Estate Broker
Property Developer
Contract Manager
Business Development Manager
Chief Financial Officer
Head of Real Estate
Compliance Officer
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