Can a tenant terminate the commercial tenancy agreement / lease? 

In unprecedented scenarios, like COVID-19 or sudden block in cash flows, businesses may wish to be discharged from the tenancy agreement to prevent liabilities. Indeed, there are lawful ways to end such tenancy: 1. Break clause / termination clause A break clause or termination clause allows both the landlord and tenant to terminate the tenancy … Read more

Tenancy Agreement – Commercial

Tenancy Agreement for the lease of commercial property with options on rent free period and early termination. The term is generally less than 3 years. This is drafted in neutral form.

Early Termination in relation to Tenancy / Lease

In relation to a lease / tenancy /rental, a termination notice is given by Tenant to the Landlord for early termination under the Agreement by the Tenant. This is drafted from the perspective of the Tenant.

Mortgage Deed on Real Property

A Two-party Mortgage is a standard form of mortgage between the Mortgagor (i.e. the Borrower) and the Mortgagee (i.e. the Lender) in relation to a mortgage of real property provided as security by the Mortgagor for the loan facility provided by the Lender.

Can the landlord terminate a commercial lease?

Normally, commercial leases do not have a break clause in Hong Kong. However, if the lease agreement contains a termination clause then a tenancy may be brought to an end by the landlord due to: Non-payment of rent Breach of agreement by tenant Sale/development of property To exercise this right, the landlord will have to … Read more

How do I renew my office lease?

Mostly, commercial leases provide an option to the tenant to renew an existing tenancy. This option to renew gives the tenant a right to continue to rent the property after the expiry of the existing tenancy.  However, in absence of such an option to renew, you must negotiate a new lease before the expiration of … Read more