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Precise description of the leased premises with measurements and boundaries.
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Clearly defined lease term with specific start and end dates.
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Unambiguous rent calculation, payment schedule, and escalation clauses.
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Detailed explanation of permitted use and any use restrictions.
- Comprehensive insurance requirements for both parties.
- Indemnification provisions that fairly allocate risk.
- Security deposit terms with clear conditions for return.
- Default provisions with reasonable cure periods and remedies.
- Region-specific legal compliance with local property laws.
- Tax responsibility allocation (property, sales, and other applicable taxes).
- Environmental compliance provisions and responsibilities.
- Flexibility for changes in business needs (assignment, subletting, expansion)
- Detailed maintenance and repair responsibilities for each party.
- Clear allocation of utility and service costs.
- Operating expenses cost breakdown and calculation method.
- Alterations and improvements provisions with approval processes.
