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The Condo Lease Agreement is a vital legal instrument used in the United Arab Emirates for establishing residential tenancy relationships in condominium properties. This document is essential when leasing apartment units or condominiums in the UAE, whether in Dubai, Abu Dhabi, or other emirates. It must comply with federal laws such as UAE Federal Law No. 26 of 2007 and relevant emirate-specific regulations, including RERA guidelines where applicable. The agreement covers crucial aspects including rent payments, maintenance obligations, security deposits, utility responsibilities, and building rules. A properly structured Condo Lease Agreement helps prevent disputes by clearly defining the rights and obligations of both landlord and tenant, while ensuring compliance with local property laws and regulations. It's particularly important in the UAE market where specific registration requirements and tenant protections must be observed.

1. Parties: Identifies and provides full details of the landlord and tenant, including Emirates ID numbers, passport numbers, and contact information

2. Background: Brief context about the property and the parties' intention to enter into a lease agreement

3. Definitions: Defines key terms used throughout the agreement including Property, Commencement Date, Term, Rent, and other relevant terms

4. Property Details: Detailed description of the leased property including unit number, building name, location, and total area

5. Term and Renewal: Specifies the duration of the lease, commencement date, expiry date, and any renewal options

6. Rent and Payment Terms: Details the rent amount, payment schedule, security deposit, and method of payment

7. Service Charges and Utilities: Outlines responsibility for service charges, utility connections, and payments

8. Use of Property: Specifies permitted use of the property and any restrictions

9. Maintenance and Repairs: Defines responsibilities for maintenance, repairs, and improvements

10. Landlord's Obligations: Lists all obligations and responsibilities of the landlord

11. Tenant's Obligations: Lists all obligations and responsibilities of the tenant

12. Insurance: Specifies insurance requirements for both parties

13. Default and Remedies: Outlines events of default and available remedies

14. Termination: Details circumstances and procedures for early termination

15. Notices: Specifies how formal communications between parties should be made

16. Governing Law and Jurisdiction: Confirms UAE law application and jurisdiction for disputes

17. Execution: Signature blocks and execution formalities