The Long Term Lease Agreement is a crucial document used in Belgian property transactions for establishing extended rental arrangements between property owners and tenants. It is designed to comply with Belgian federal and regional property laws, including the Belgian Civil Code and specific regional housing regulations. This document is essential when parties intend to enter into lease arrangements exceeding the standard rental period, typically used for commercial properties, long-term residential lets, or strategic business locations. The agreement includes comprehensive provisions for rent determination, maintenance obligations, utility responsibilities, and termination conditions, while ensuring compliance with Belgian registration requirements and tenant protection laws. It's particularly relevant in today's market where long-term property commitments require robust legal frameworks to protect all parties' interests.
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1. Parties: Identification and details of the landlord and tenant, including full legal names, addresses, and registration numbers for legal entities
2. Background: Context of the lease agreement, including brief description of the property and parties' intention to enter into a long-term lease
3. Definitions: Definitions of key terms used throughout the agreement
4. Property Description: Detailed description of the leased property, including address, cadastral details, and permitted use
5. Term and Renewal: Duration of the lease, commencement date, and renewal provisions
6. Rent and Payment Terms: Rental amount, payment schedule, indexation, and payment methods
7. Charges and Utilities: Distribution of costs for utilities, common charges, and other expenses
8. Security Deposit: Amount, form, and conditions of the security deposit
9. Maintenance and Repairs: Responsibilities of each party regarding maintenance, repairs, and improvements
10. Insurance: Required insurance coverage for both parties
11. Use of Property: Permitted use, restrictions, and conditions for property usage
12. Registration: Obligations regarding official registration of the lease
13. Termination: Conditions and procedures for early termination
14. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction
15. Notices: Communication methods and addresses for official notices
1. Assignment and Subletting: Include when subletting or assignment rights need to be addressed specifically
2. Environmental Provisions: Required for properties with specific environmental considerations or requirements
3. Building Rules: Include for properties in multi-unit buildings or complexes
4. Alterations and Improvements: Include when specific renovation or improvement rights need to be addressed
5. Force Majeure: Include when specific circumstances for contract suspension need to be detailed
6. Property Management: Include when a property manager is involved
7. Right of First Refusal: Include if the tenant is granted purchase priority rights
8. Special Commercial Terms: Include for commercial properties with specific business-related provisions
1. Schedule 1 - Property Plans: Floor plans and property layouts
2. Schedule 2 - Inventory Description: Detailed inventory of fixtures, fittings, and condition report
3. Schedule 3 - Energy Performance Certificate: Mandatory energy performance documentation
4. Schedule 4 - Property Photos: Photographic evidence of property condition at commencement
5. Schedule 5 - Building Rules: Rules and regulations for multi-unit buildings
6. Schedule 6 - Maintenance Schedule: Detailed breakdown of maintenance responsibilities
7. Schedule 7 - Utilities and Charges: Breakdown of utility responsibilities and common charges
8. Appendix A - Registration Documents: Copies of official registration documentation
9. Appendix B - Insurance Certificates: Copies of required insurance policies
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