Sample Business Contracts


China-Guangzhou-Yue Xiu District-410 Dongfeng Zhong Lu Lease - Guangzhou Donghe Real Estate Development Co. Ltd. and Ji Da Information (Shanghai) Co. Ltd.

Lease Forms

  • Start a state-specific lease for the rental of commercial property. Specify the term and rent due, as well as whether the landlord or tenant is responsible for property taxes, insurance, and maintenance and repairs.
  • When a tenant vacates commercial property before the lease term has expired, it may be able to rent the premises to a third party. The tenant would be the sublessor and the third party would be the sublessee. Besides preparing a sublease, both parties will want to review the provisions for assignment or subletting in the original lease agreement between the landlord and the sublessor.
  • Tenants of residential property should prepare a sublease agreement if they are seeking to sublease a room or the entire apartment or house to a third party. All parties should review the original lease agreement to see if there are any restrictions on subletting or assigning the premises.
  • Triple net leases are a type of commercial leases where the tenant has to pay for property taxes, insurance, utilities, and maintenance, in addition to the monthly rent.
  • When renting an office space, tenants should understand the amount of the rent and duration of the lease. Other important terms include whether the space can be subleased, which parties are responsible for maintenance, and whether any furniture and furnishings will be provided.

Summary of Real Estate Lease Agreement, Effective March 15, 2003, Between Guangzhou Donghe Real Estate Development Co., Ltd. and Ji Da Information (Shanghai) Co., Ltd.

 

Lessor (Party A): Guangzhou Donghe Real Estate Development Co., Ltd.

Lessee (party B): Ji Da Information (Shanghai) Co., Ltd.

 

Date of Signing

March 11, 2003

 

Property Description

Location: Department 1701-1702, Dongfeng Zhong Lu No. 410, Yue Xiu District

Square footage: 470.78 m2 in architectural area

Type: office space

 

Term of Lease

Effective Period: from March 15, 2003 to March 14, 2005

 

Rental Use

Office use

 

Rent Amount

RMB 37,662.4 Yuan per month in total.

 

Major Obligations of Either Party

 

Party A shall:

 

1.be responsible for the maintaining work of building;

 

2.shall notify Party B in writing 4 months in advance before the transfer of the building, notify Party B in written 7 days in advance before the mortgage of the building;

 

Party B shall:

 

1.use the apartment according to the type of this building;

 

2.get written consent of Party A for refurnishing, outfitting and adding equipment;

 

3.sublease and underlet is forbidden,

 

Termination Events

 

1.sublease and underlet by Party B

 

2.the property does not comply with security use standard after appraised by property security appraisal branch

 

Security deposit and other refundable or non-refundable payment

 

1.Deposit: RMB 101,688.48 Yuan.

 

Dispute Resolution

 

The parties have agreed to present all their disputes to the court with jurisdiction.


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