The Space Rental Agreement serves as a legally binding document used in Indonesia when a property owner wishes to rent out physical space to a tenant. This document is essential for protecting the interests of both parties and ensuring compliance with Indonesian property laws, including the Civil Code (Kitab Undang-undang Hukum Perdata) and relevant property regulations. It should be used whenever there is a need to formalize a rental arrangement for any type of space, whether commercial, residential, or industrial. The agreement typically includes detailed terms about rent payment, security deposits, maintenance responsibilities, permitted use of the space, and termination conditions. It's particularly important in the Indonesian context due to specific local requirements for property rental arrangements and the need to comply with regional building regulations and zoning laws.
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1. Parties: Identification and details of the lessor (property owner/manager) and lessee (tenant), including their legal names, addresses, and registration details if companies
2. Background: Context of the agreement, brief description of the property, and purpose of the rental
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Details: Specific description of the rented space, including exact location, size, and included facilities
5. Term and Renewal: Duration of the rental period, commencement date, and conditions for renewal
6. Rent and Payment Terms: Rental amount, payment schedule, security deposit, and payment methods
7. Use of Premises: Permitted uses of the space and any restrictions
8. Maintenance and Repairs: Responsibilities of both parties regarding property maintenance and repairs
9. Utilities and Services: Responsibility for utility payments and services
10. Insurance and Liability: Insurance requirements and allocation of risks
11. Default and Termination: Conditions for default, termination procedures, and consequences
12. Governing Law: Specification of Indonesian law as governing law and jurisdiction
13. Notices: Method and addresses for official communications between parties
14. Execution: Signature blocks and execution requirements
1. Subletting and Assignment: Terms for subletting or assigning the space to third parties, if permitted
2. Alterations and Improvements: Rules regarding modifications to the space, recommended for commercial rentals
3. Force Majeure: Provisions for unforeseen circumstances affecting the rental agreement
4. Operating Hours: For commercial spaces, specifying permitted hours of operation
5. Common Areas: Rules for shared spaces in multi-tenant buildings
6. Signage Rights: Terms for installing signs or advertising, relevant for commercial spaces
7. Environmental Compliance: Environmental obligations, particularly important for industrial spaces
8. Parking: Parking rights and restrictions, if applicable
9. Security Arrangements: Special security requirements or arrangements
1. Floor Plan: Detailed plan showing the exact space being rented
2. Inventory List: List of furniture, fixtures, and equipment included in the rental
3. Service Charges: Breakdown of additional charges and maintenance fees
4. Building Rules: Specific rules and regulations for the building or complex
5. Fit-out Guidelines: Guidelines for any permitted modifications or installations
6. Condition Report: Detailed report on the condition of the space at commencement
7. Insurance Requirements: Specific insurance requirements and minimum coverage levels
8. Utility Specifications: Details of utility connections and capacities
Relevant legal definitions
Clauses
Relevant Industries
Real Estate
Retail
Office Space
Industrial
Warehousing
Hospitality
Education
Healthcare
Technology
Professional Services
Manufacturing
Entertainment
Food and Beverage
Logistics
Relevant Teams
Legal
Facilities Management
Operations
Administrative
Real Estate
Procurement
Compliance
Property Management
Contract Management
Business Development
Finance
Relevant Roles
Facility Manager
Property Manager
Real Estate Manager
Legal Counsel
Corporate Lawyer
Operations Manager
Business Development Manager
Administrative Officer
Procurement Manager
Compliance Officer
Real Estate Agent
Property Administrator
Contract Manager
Chief Operating Officer
Office Manager
Store Manager
Warehouse Manager
Regional Manager
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