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Lease

This lease agreement outlines the terms between the Landlord and Tenant regarding the rental of specified premises, including details on rent, deposit, maintenance, and utilities. It includes provisions for the return of the premises, options for renewal, and conditions for breach or cancellation of the lease. Additionally, it addresses the responsibilities of both parties and the process for communication and legal notices.
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0% found this document useful (0 votes)
5 views6 pages

Lease

This lease agreement outlines the terms between the Landlord and Tenant regarding the rental of specified premises, including details on rent, deposit, maintenance, and utilities. It includes provisions for the return of the premises, options for renewal, and conditions for breach or cancellation of the lease. Additionally, it addresses the responsibilities of both parties and the process for communication and legal notices.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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LEASE AGREEMENT ENTERED INTO BETWEEN: Hippo Attorneys …………………….

REGISTRATION NUMBER:
…………………………………………………………………… (herein after referred to as the Landlord or Evaluations PTY
LTD)
AND ....................................................................................................................................................... ........
............................................................................................................................................... REGISTRATION
NUMBER: >……………………………………………………………… (herein after referred to as the Tenant)

Contents 2. PREMISES.................................................................................1

PERIOD .......................................................................................................2

RENT AND DEPOSIT.....................................................................................3

RETURN OF THE PREMISES..........................................................................4


UTILITIES......................................................................................................5

USE OF PREMISES........................................................................................6

IMPROVEMENTS .........................................................................................7

MAINTENANCE ...........................................................................................8

DESTRUCTION OR DAMAGE........................................................................9

SUBLETTING, CESSION AND ASSIGNMENT.................................................10


EXCLUSIONS.................................................................................................11

BREACH OR CANCELLATION.........................................................................12

OPTION TO RENEW .....................................................................................15

RELAXATION OF TERMS ...............................................................................16

DOMICILIUM CITANDI ET EXECUTANDI.........................................................17


SURETY...........................................................................................................18

CESSION…………………………………………………………………………………………………….…19

WHOLE AGREEMENT......................................................................................20
2. PREMISES The Landlord lets to the Tenant the premises situated at ERF:………………… Street:
…………………………………..........Town/City……………………………………... described
as……………………………………………………………………………………... (herein after referred to as the premises), in
extent approximately …………………….…. m². 3. PERIOD 3.1. This lease will commence on the ……………………
and terminate on the ……………………. 3.2. Should the Tenant remain in occupation after termination of
this lease agreement, the Tenant agrees that his occupation will be on a two month basis, and all the
remaining terms and conditions of this lease agreement shall be enforceable except for the option to
renew. Upon termination of the lease the Tenant shall be liable for rental including utilities and
escalations. 4. RENT AND DEPOSIT 4.1. The rental for the premises is R………………...
(………………………………………………. Rand) per month. 4.2. Rental shall escalate at ………………. % per annum.
4.3. The Tenant must pay the rent into the Landlord’s banking account, or at such other place as the
Landlord may nominate in writing from time to time. The Landlord’s banking details are as follows:

BANK: …………………………………………..

BRANCH CODE: …………………………………………..

ACCOUNT NUMBER: ………………………………………….

ACCOUNT NAME: ………………………………………….

REF: …………………………………………. 4.4. The rental is paid without deduction or set off and is payable in
advance on the first day of each month. 4.5. The Tenant shall pay a deposit on or before the
commencement date in the sum of R………… 4.6. The following applies to the deposit: a) The deposit will
be paid by the Tenant without deduction or set off;

b)The deposit will be repaid to the Tenant on termination of this agreement within a reasonable time;
c)The deposit will be repaid after inspection of the premises by the Landlord once the Tenant has
vacated; d) The deposit will be paid less any deductions that the Landlord may deduct as a result of
damage caused to the premises by the Tenant. 5. RETURN OF THE PREMISES 5.1. On termination of this
lease for whatever cause, the Tenant must immediately: i) Return the premises to the Landlord in the
same good order and condition as they were at the commencement date, fair wear and tear excepted.
ii) The tenant shall return the inside of the premises fully painted. 6. UTILITIES 6.1. For the duration of
the lease, the Tenant shall be liable for : 1. Water, 2. Electricity (seperately metered), 3. Refuse, 4.
Cleaning 5. and security (if in place). 6.2. The Tenant shall be liable for any increase in utilities during the
duration of the lease. The Tenant shall pay his share of any increase in utilities to the Landlord within 7
(seven) days of receiving a copy of the relevant invoice. 7. USE OF PREMISES 7.1. The Tenant is entitled
to use the premises for their business as a
…………………………………………………………………………………………………... The Tenant may not, except with the
prior written permission from the Landlord, use the premises for any other purpose. 7.2. While the lease
is in force the Tenant must comply with all laws and regulations affecting its business or its occupation of
the premises. The Tenant must: 7.2.1. Not contravene or permit the contravention of any laws within
the Republic of South Africa; 7.2.2. Not create any nuisance from the premises;

8. IMPROVEMENTS 8.1. The Tenant may not make any structural alterations or additions to the premises
without the Landlord’s prior written consent, which shall not be unreasonably withheld. 8.2. Provided
the Tenant has the Landlord’s consent, the materials used for the alterations will be paid for by the
Landlord. The Tenant will be liable for the arrangement and cost of labour. Any alterations shall be in
accordance with reasonable conditions and requirements stipulated by the Landlord. The Landlord will
not be liable to refund the Tenant for the cost of the additions upon termination of the lease
agreement. The structural additions are to remain part of the premises. 8.3. The Tenant may install on
the premises any fixtures and fittings necessary for the conduct of its business. Any fixtures and fittings
not removed on termination of the lease will become the property of the Landlord without
compensation. 8.4. The position of the advertising and size to be discussed and agreed to, prior to any
signage being ordered. The Landlord may refuse consent to any proposed signage that is in the
Landlord’s opinion too large or unattractive. The Tenant shall repair all damage to the Leased Premises
resulting from the installation or removal of signs installed by the tenant.

9. MAINTENANCE 9.1. Throughout the period of this lease the Tenant shall maintain the whole interior
of the premises in good order and condition. The Tenants shall at their expense, attend to repairs or
maintenance in relation to the premises including the electrical and plumbing. 9.2. Within 7 (seven) days
after commencement of this lease the Tenant may notify the Landlord in writing of any defects in the
premises. The premises will be deemed to have been in good order and condition at the
commencement of this agreement, save for the defects indicated in writing within this period. 9.3. The
Landlord will be entitled at all reasonable times to enter upon and inspect the premises. 9.4. The
Landlord reserves the right to claim from the Tenant any costs in relation to the repairs or maintenance
carried out if such repairs were not the obligation of the Landlord.

10. DESTRUCTION OR DAMAGE 10.1. If the premises is damaged by theft, water, fire, or riot, or an act of
god, as to be wholly untenantable, then this lease will terminate, unless otherwise agreed to between
the parties. 10.2. The Landlord shall not be liable for any damage caused to the tenants stock or
machinery, tenants vehicles, tenants stock or equipment which was caused by theft, water, fire, or riot
or an act of God. The Landlord will be indemnified from finding the tenant alternate premises.

for the remainder of the lease. The Landlord is further indemnified from paying rental for additional
premises occupied by the tenant due to the premises being untenantable. 10.3. Should the Tenant be
able, notwithstanding the damage, to enjoy some beneficial occupation then this lease will not
terminate, but the Tenant will be entitled to a reduction of rent commensurate to which it is deprived of
beneficial occupation. 11. SUBLETTING, CESSION AND ASSIGNMENT 11.1. The Tenant may not without
the prior written consent of the Landlord, who will not unreasonably withhold its consent: i) sublet the
premises or any part thereof; ii) allow any other party to occupy the premises or any part thereof on any
conditions or for any reason; iii) assign this lease or cede any of its rights under this lease; 12.
EXCLUSIONS 12.1. The Landlord will not be liable for any loss, damage or injury, whether direct or
indirect, arising from the Tenant’s use and occupation of the premises. 12.2. The Tenant will not be
entitled to claim damages, or a remission of rent, or withold payment of rent by reason of: i) The
Landlord’s failure to carry out or complete repairs to the buildings on the premises; ii) The failure of, or
interruption in , any services provided to the tenant on the premises;

13. BREACH OR CANCELLATION 13.1. The Landlord will be entitled to cancel this lease, without prejudice
to its other rights, by written notice to the Tenant, if the Tenant: 13.1.1. fails to make payment of rental
in terms of this lease on the due date and remains in default for 7 (seven) days after receiving written
notice from the Landlord to make the payment;

13.1.2. commits any other breach of this lease and fails to remedy the breach within 14 (fourteen) days
after receiving written notice from the Landlord to do so. 13.2. Should the Tenant fail to perform any
other obligation due in terms of this lease, and remain in default for 7 (seven) days after receiving
written notice from the Landlord to

remedy the default, then the Landlord may make any payment on behalf of the tenant or carry out the
obligation on behalf of the tenant and recover the amount paid or the cost of carrying out the obligation
from the tenant on demand. 13.3. Should the Landlord cancel this lease and the Tenant disputes the
Landlord’s right to do so and remain in occupation of the premises, then pending the determination of
the dispute:

13.3.1. The Tenant must continue to make all payments in terms of this lease on their due dates;

13.3.2. The Landlord’s acceptance of those payments will not affect its right to cancel this lease or affect
any other remedy it may have.

13.4. Should the dispute between the Landlord and Tenant be determined in favour of the Landlord, the
payments made will be received by the Landlord as a result of the holding over of the premises by the
Tenant.

13.5. The Tenant shall be liable for Attorney Client costs in the event the Landlord instructs its Attorneys
in relation to breach, cancellation or termination of the lease. 13.6. The Tenant would be liable for a
months rental for the premises until the premises is vacated by the Tenant.

14. OPTION TO RENEW 14.1. The Tenant will be entitled to renew this lease for a further period of
………... years …………..months provided it has complied with all the terms and conditions of the lease
agreement and he has not given less than 2 (two) months prior notice from date of termination, to the
Landlord of its intention to do so. 14.2. During the renewal period: 15.2.1. The rental and escalation is to
be determined. 15.2.2. The terms applicable to this lease will continue to operate, except for the option
to renew. 15. RELAXATION OF TERMS 15.1. Any variation of the terms of this lease must be reduced to
writing and signed by both parties to the agreement 15.2.

Any indulgence by the Landlord to the Tenant shall not be construed to be a waiver of the Landlord’s
rights in terms of this agreement.
16. DOMICILIUM CITANDI ET EXECUTANDI 16.1. The parties to this agreement choose the following
addresses to be their domicilium citandi et executandi: The Landlord:

POSTAL: …………………………………………………………………………..

PHYSICAL: ……………………………………………………………………………

The Tenant: POSTAL: ……………………………………………………………………………

PHYSICAL: …………………………………………………………………………………………

16.2. Any notice or legal process to be served on either party may be served on it at the address
specified above and each party chooses that address as its domicilium citandi et executandi for all
purposes under this agreement. 16.3. A notice which is sent by prepaid registered post to the postal
address specified above will be deemed to have been received (unless the contrary is proved by the
addressee) within 10 (ten) days from the date it was posted. A notice which is delivered by hand to a
responsible person during ordinary business hours at the above physical address will be deemed to have
been received (unless the contrary is proved by the addressee) on the day of delivery.

17. SURETY I, ………………………………………………………………………………………………...….…..

ID Number: …………………………………………………………………………………………

Physical Address:……………………………………………………………………………………, bind myself as surety and co-


principal debtor(s) to ………………………………………………… for the due performance of all the obligations in
terms of this lease entered into on behalf of the Tenant. I shall not be released from this agreement
until the obligations in terms of this agreement are fullfilled.

18. CESSION 18.1. As security for the due performance in respect of payment of rental, the cedant
(Tenant) cedes to the cessionary (Landlord) all the debtors books of the business, both present and
future, equipment and stock irrespective of their nature or how they arose. 18.2. The Landlord accepts
the cession. 19. WHOLE AGREEMENT This agreement constitutes the whole agreement between the
parties. DATED AND SIGNED AT………………………………ON THIS DAY………..OF ………………20…..
WITNESS________________________________

WITNESS ________________________________ _____________________________

THE LANDLORD DULY AUTHORISED HERETO DATED AND SIGNED AT………………….……………..ON THIS
DAY…….…..OF……..……….20….. ________________________________ WITNESS
________________________________ _____________________________ WITNESS TENANT DULY
AUTHORISED HERETO

DATED AND SIGNED AT………………………….ON THIS DAY…….OF………….20…..


_______________________________
WITNESS _______________________________ ____________________________

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