Lease Agreement of Office

Document Summary

This lease agreement regulates the relationship between a landlord and a tenant who occupies the premises for business purposes. The agreement identifies all details in regards to the lease of the property such as the payments, term of the lease, usage of the property, security deposit, right of access and inspection, office repairs, and termination of the lease.

Description

The tenant's responsibilities under the lease agreement include paying the basic rent, service charges, and security deposit, as well as any other charges imposed by the landlord. The tenant must obtain the landlord's consent before making any alterations to the office and must also maintain and repair the office if any damage is caused by the tenant. This agreement includes all necessary clauses regarding the tenant's rights and obligations.

This agreement contains the following sections:

Particulars

1. Definitions
2. Subject of the Lease
3. Grant of Lease and Term
4. Hand-Over and Commencement
5. Total Rent
6. Fit Out
7. Tenant’s Covenants
8. Landlord’s Covenants
9. Indemnity
10. Exclusion and Limitations in Respect of Landlord’s Liability
11. Damage or Destruction of Office
12. Default and Termination
13. Option to Renew
14. Waiver
15. General
16. Force Majeure
17. Confidentiality
18. No Variation
19. Severability
20. Counterparts
21. Language
22. Notices
23. Time of The Essence
24. Governing Law and Jurisdiction
25. Entire Lease

    Schedule 1 – Layout Plan of the Office

    Schedule 2 – The Non-Structural Repairs

    Schedule 3 – Service Charges

    Schedule 4 – Regulatory Authority Rules and Regulations

    Schedule 5 – Fit Out Guidelines

Jurisdiction

This document is intended for use in the United Arab Emirates.

Disclaimer

This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.

Before Execution

• The information on this front page or contained in the headers and footers of this instrument are for guidance purposes only.
• Please delete this front page together with the information contained in the headers, footers, and the endnotes prior to circulating this letter. Where square brackets […] and highlights are used in the document, it indicates that there is missing or incomplete information which will need to be incorporated prior to signature.
• Please remove the square brackets and all highlighting prior to signature.