The Indemnity Lease Agreement is utilized in the UAE when parties require a robust legal framework that combines standard leasing provisions with comprehensive indemnification protection. This document is particularly relevant for high-value commercial properties, industrial facilities, or situations where significant liability risks exist. It must comply with UAE Federal Laws, including the Civil Code and relevant emirate-specific property regulations, such as Dubai Law No. 26 of 2007 or Abu Dhabi Law No. 20 of 2006. The agreement typically includes detailed provisions on property usage, maintenance obligations, risk allocation, and specific indemnification triggers, all structured to be enforceable under UAE law.
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1. Parties: Identification of the landlord and tenant with full legal names, addresses, and registration details as required under UAE law
2. Background: Context of the lease arrangement and brief description of the property and intended use
3. Definitions: Definitions of key terms used throughout the agreement, including specific UAE legal terminology
4. Demise: Formal grant of lease, specifying the exact property being leased
5. Term and Renewal: Duration of the lease, commencement date, and any renewal options
6. Rent and Payment Terms: Rent amount, payment schedule, security deposit, and payment methods
7. Service Charges: Details of additional charges, utilities, and maintenance fees
8. Use of Premises: Permitted use of the property and any restrictions
9. Tenant's Obligations: Comprehensive list of tenant responsibilities including maintenance, repairs, and compliance with local laws
10. Landlord's Obligations: Duties and responsibilities of the landlord under UAE law
11. Indemnification: Detailed indemnity provisions specifying scope, limitations, and procedures
12. Insurance: Required insurance coverage for both parties
13. Assignment and Subletting: Conditions for transferring or subletting the lease
14. Default and Remedies: Events of default and available remedies under UAE law
15. Termination: Grounds and procedures for termination
16. Notices: Communication procedures and authorized addresses
17. Governing Law and Jurisdiction: Confirmation of UAE law application and dispute resolution procedures
1. Fit-out Works: Include when tenant will undertake improvements or modifications to the premises
2. Force Majeure: Include for longer-term leases to address unforeseen circumstances
3. Break Clause: Include when early termination options are negotiated
4. Quiet Enjoyment: Include for residential leases or when specifically negotiated
5. Environmental Matters: Include for industrial or commercial properties with potential environmental impacts
6. Trading Requirements: Include for retail premises with specific operating hours or conditions
7. Security Provisions: Include for high-security premises or when additional security measures are required
8. Restoration Obligations: Include when specific end-of-lease restoration requirements exist
1. Property Description: Detailed description of the premises including floor plans and boundaries
2. Rent Schedule: Detailed breakdown of rent payments, escalations, and review dates
3. Service Charge Budget: Itemized list of service charges and allocation methodology
4. Condition Report: Documentation of property condition at lease commencement
5. Permitted Alterations: List of allowed modifications or improvements
6. Building Rules and Regulations: Specific rules applicable to the property or building
7. Form of Bank Guarantee: Template for any required bank guarantees or security deposits
8. Handover Protocol: Procedures and checklist for property handover
9. Insurance Requirements: Detailed specifications for required insurance coverage
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