51��Ƶ����

This 10 Year Lease Agreement is designed for use in the United Arab Emirates where long-term property leases require specific legal considerations and mandatory registration with relevant authorities. The agreement is suitable for both commercial and residential properties, incorporating all necessary provisions required under UAE federal laws and emirate-specific regulations. It addresses critical elements including rent payment terms, periodic review mechanisms, maintenance responsibilities, and dispute resolution procedures, while ensuring compliance with UAE Civil Code requirements. The document is particularly relevant for businesses seeking stable, long-term premises or property owners looking to secure extended tenancy arrangements, and includes specific provisions for registration with RERA and other relevant authorities as required by UAE law.

1. Parties: Identification of the Landlord and Tenant, including full legal names, registration details, and addresses

2. Background: Context of the lease arrangement, property description, and intent of the parties

3. Definitions: Definitions of key terms used throughout the agreement

4. Demise: Formal grant of lease, specifying the property and term

5. Term and Commencement: 10-year duration specification, commencement date, and any conditions precedent

6. Rent and Payment Terms: Rent amount, payment frequency, method of payment, and due dates

7. Rent Review: Mechanisms and timing for periodic rent reviews over the 10-year term

8. Security Deposit: Amount, payment terms, and conditions for return of security deposit

9. Use of Premises: Permitted use of the property and any restrictions

10. Tenant's Covenants: Tenant's obligations including maintenance, repairs, compliance with laws

11. Landlord's Covenants: Landlord's obligations including property maintenance and insurance

12. Insurance: Required insurance coverage from both parties

13. Assignment and Subletting: Rights and restrictions regarding transfer of lease rights

14. Maintenance and Repairs: Detailed responsibilities for property maintenance and repairs

15. Utilities and Services: Responsibilities for utilities, service charges, and related costs

16. Default and Remedies: Events of default and corresponding remedies

17. Termination: Grounds and procedures for early termination

18. Governing Law and Jurisdiction: UAE law as governing law and jurisdiction specifications

19. Notices: Process and addresses for formal communications

20. Registration: Requirements and process for lease registration with relevant authorities