LEASE AGREEMENT

...............................................................................

This Agreement is made on the ................. , 20..., by and between:

1. LESSOR :
Address :

Hereinafter referred to as “First Party “

2. LESSEE :
Address :

Hereinafter referred to as “Second Party “

The both Parties hereby mutually agree to conclude a lease contract of furnished premises
owned by the First Party, under the terms and conditions as set out in the articles below.

ARTICLE 1 - THE PREMISES

The First Party hereby leases to the Second Party the Furnished premises located at
........................................................................................................................
(“Apartment”).

The Inventory List of appliances shall be attached to this Lease Agreement and becoming
an unseperable part of this Agreement (“Attachment 1”).

ARTICLE 2 – TERM OF LEASE

The Lease Term shall be for a period of .........................months, commencing on

....................., 20..... and shall expire on ...................,20....

At the end of the Lease Term, the Second Party shall empty and surrender The Premises
to the First Party in the same condition as it was being handed-over on the
commencement date of the tenancy period.

Failure to empty the Premises at the end of the Lease Term, will constitute a penalty
of ........,- (.........................) per day for a maximum of .... (......) weeks, whereby after that
two weeks the Second Party will be forced to vacate the Premises. Accordingly, the
Second Party gives an unlimited authority to the First Party to use all kind of power or
external authority or any other parties that the First Party chooses to use in its effort to
vacate the Premises. The Second Party agrees to pay all costs and expenses incurred for
the purpose of vacating the Premises.
 ARTICLE 3 – CHARGE, DEPOSITS AND TERM OF PAYMENT

Gross Monthly Lease Charge for the Premises is .............. (.............................), which
includes monthly Service Charge from the ...............................................

Term of payments for this Lease agreement is a total of 2 (two) years lease payment
amounting to ............................ (.................................) shall be remitted prior to .......,
201.... and be received in ‘good money’, and in full amount, in the First Party’s USD/IDR
account as mentioned below,

Bank :
Bank Address : _______________________________
Bank Code : _______________________________
Swift Code :
USD Account No. :
Account Name :

A Security Deposit amounting to .......... (.......................) shall be received by First Party

in ‘good money’ at the latest on the day of the signing of this Lease Agreement.

The Security Deposit is refundable ..... (......) month/days after the expiry of the Lease
Term provided the Second Party has settled all his obligation during the Lease Term and
it shall be returned without interest. Should there be any damage or losses to the
inventory as listed in Attachment 1, the Security Deposit will be deducted as replacement
costs.

ARTICLE 4 – THE USE OF PREMISES

According to this Lease Agreement, the Second Party shall use the Premises as a
dwelling house and will conform to the rules regulation as stipulated in the Tenancy or
other regulations.
The First Party guarantees that the Second Party and the occupants of the Premises will
have the full undisturbed use of and free access to the Leased Premises for the duration of
the Lease Term.

ARTICLE 5 – STRUCTURAL CHANGE OF PREMISES

The Second Party shall not dismantle or change the architectural condition of the
premises and the attaching without written permission of the First Party.
Upon written approval by the First Party and at the cost of the Second Party, the Second
Party may incur costs to upgrade the Premises (i.e. Wall coverings, drapes, etc.). All
upgrades become the real property of the First Party.

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 ARTICLE 6 – THE TERMINATION OF LEASE AGREEMENT

This Lease Agreement shall not be terminated by the death of the First Party or the
change of Ownership, and therefore shall continue to be valid between their heirs.

ARTICLE 7 – TAXES AND OTHER AMENITIES CHARGES

The First Party shall be responsible for all the payment of the taxes imposed by the
Government upon the ownership of the said premises, i.e. PBB (Building and Land Tax).
The Second Party shall be responsible for the payment of the monthly bill for electricity,
PAM or city-water, telephone (if any), TV cable, internet connection, etc, related to the
Premises during the Lease Term period based on this Lease Agreement.
In case the Second Party is negligent to make the said payment before the date of
payment, all legal or other damages caused by the negligence act, shall be borne by the
Second Party.

ARTICLE 8 – FORCE MAJEUR

In case natural disasters such as floods, fires, explosions etc, and the premises not fit to
live, the Second Party shall be entitled to terminate the tenancy hereby created on giving
the First Party thirty (30) days notice in writing to that effect. The First Party shall refund
to the Second Party the advanced but unearned rental which has been paid for the
remainder of the Lease Period within two (2) months after the receipt of the Second
Party’s notice of termination. Provided, however, in case the losses and damages of the
First Party’s property are caused by fire due to negligence or fault of the Second Party, all
the expenses incurred for taking refuge, shall be borne by the Second Party, and the
Lease Agreement cannot be terminated.
After the First Party has repaired the premises, the Second Party shall be entitled to
reoccupy the Premises.

ARTICLE 9 – MAINTENANCE OF THE PREMISES

The repairs for the damages of the premises, such as water leakage, defective structures
or defective parts of electric installations and water pipe lines, which may occur during
the remaining rental period, shall be the responsibility of the First Party, unless the
damages are caused as a result of the Second Party’s negligence, misuse, abuse,
modification or alteration to the original design / construction / finishing / appearance
which the Second Party will bear all the expenses. The First Party should initiate repairs
works within after the First Party received said notice from the Second Party by fax or
registered mail. If after 7 working days no repair is initiated, the Second Party has the
right to appoint a certified contractor to do the repair at the expense of the First Party.

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If the premises not fit to live in as a result of required major repair works (unless the
major repair works are caused as a result of the Second Party’s negligence, misuse,
abuse, modification or alteration to the original design / construction / finishing /
appearance), the Second Party shall be entitled to terminate the tenancy by giving the
First Party thirty (30) days prior written notice to that effect. The First Party shall refund
to the Second Party the advanced but unearned rental which has been paid for the
remainder of the Lease Period within two (2) months after the receipt of the Second
Party’s notice of termination.

In the event the First Party's fixtures and fittings shall become missing, broken, damaged
or destroyed by the negligence of the Second Party, then the Second Party shall be
obliged to forthwith replace them with others of a similar character and of equal value to the
satisfaction of the First Party.

The Second Party shall keep the interior of the Demised Premises, including the flooring
and interior plaster and other surface materials or wall renderings and ceilings and the First
Party's fixtures and fitting therein, including doors, windows, fitted wardrobes and all the
First Party's items provided and listed under Furniture List hereto, in good and leaseable repair
and condition (fair wear and tear and damage by fire, lightning, explosion, riot and civil
commotion or any other event of force majeure excepted). Maintenance and Repairs as
mentioned in this paragraph including replacement of electric bulbs, tubes and other
expendable items at the Second Party’s expense up to US$200.00 (Two Hundred United
States Dollar) per repair per item. Any expenditure for such replacement exceeding
US$200.00 (Two Hundred United States Dollars) shall be borne by the First Party in
excess.

The Second Party shall keep the Air Conditioner in good condition and have to maintain the
Air Conditioner with service and reasonable repair at least 4 (four) month once. The Second
Party shall be responsible for all the repairs of the Air Conditioner if the Second Party fails to
maintain the Air Conditioner in good condition.

ARTICLE 10 – RETURN OF PREMISES

If the rental period of this Lease Agreement expires, the Second Party should return the
Premises including all upgrades of the Premises, all the electrical appliances and the
facilities attached to the Premises to the First Party, in the same condition, but with
normal wear or tear during lease period, without any compensation.

ARTICLE 11 – EXTENSION OF LEASE AGREEMENT

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This lease Agreement may be extended with the consent of the First Party. A new Lease
Agreement for that purpose shall be made at the time of such extension. The Second
Party shall give written notice to the First Party of such extension not less than 3 months
prior to the expiration of this agreement.
If the First Party and the Second Party have not reached and agreed upon the new terms
of the lease for the extended period, and have not executed a written agreement, this
agreement shall be deemed expired according to its terms and the First Party and their
agents have the right to let other prospective tenant to inspect the unit.

ARTICLE 12 – NO SUB-LET TO PREMISES

The Second Party shall not assign, sublet or part with the actual or legal possession or use
of the said premises or any part thereof without the First Party’s written permission such
consent not to be unreasonably withheld. Provided always that this prohibition shall not
apply to the occupation of the said premises and the use of the said furniture by members
of the Second Party’s family.

ARTICLE 13 – PROPERTY INSPECTION AND OTHERS

Second Party shall allow the First Party and his agents at all reasonable times mutually
agreed upon and by prior appointment to enter the said premises for the purpose of
showing the said premises to other prospective tenants during the period of two (2)
months’ prior to the termination of the said term.

Any notice under this Lease Agreement shall be in writing and shall be considered as
having been given if delivered personally or sent by registered mail, postage prepaid to
the following addresses:

First Party :

Second Party :

ARTICLE 14 - OTHERS

All matters which are not provided in the articles of this Lease Agreement shall be settled
through mutual consultations/ negotiations.
In this condition if there is no good negotiation between the Both Parties, the Both Parties
will bring this case to the district court in the area of South Jakarta.

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Jakarta,........................

FIRST PARTY, SECOND PARTY,

_______________________ _______________________
................................. ...................................

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