<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-SPECIFIC-2022-509

This serves as a summary of the commercial lease executed on 2022-11-21 between the Lessor, Lewis, Davis and Miller, and Lessee, Rodriguez Group. The subject of this agreement is the Retail property at 889 Anderson Vista Suite 223, Suite 1965, New Rebecca, Wisconsin 38716, comprising approximately 18,804 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 84 months, commencing on 2023-05-14 and concluding on 2030-05-13. The tenant holds 1 option(s) to renew, with the first being for a 36-month extension. To exercise this, a notice period of 180 days is required, with rent adjustment based on CPI Adjustment.

Financial obligations begin with an initial base rent of $8,757.09, payable on a quarterly basis. A security deposit of $17,514.18 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 7.44 $/sf taking effect on 2024-05-13. Additional rents include Common Area Utilities (Fixed annual contribution), Insurance (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Common area maintenance (CAM); Parking lot maintenance. The Lessee's duties include: All utility payments for the premises; Interior non-structural maintenance. Use of the premises is specifically limited. Key restrictions include: Premises to be used solely for general office purposes. No hazardous materials permitted on the premises without prior written consent.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Requires prior written consent from Lessor, not to be unreasonably withheld. A force majeure clause is notably absent in the agreement.  Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-SPECIFIC-2022-509",
  "document_date": "2022-11-21",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Lewis, Davis and Miller",
      "entity_address": "50481 Misty Station Suite 266\nJohnfort, RI 73599",
      "contact_person": "Gina Cabrera"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Rodriguez Group",
      "entity_address": "3123 Johnson Burgs Apt. 502\nAlvaradomouth, PR 56425"
    }
  ],
  "property_details": {
    "property_address": "889 Anderson Vista Suite 223, Suite 1965, New Rebecca, Wisconsin 38716",
    "square_footage": 18804,
    "property_type": "Retail",
    "unit_identifier": "Suite 1965"
  },
  "lease_term": {
    "start_date": "2023-05-14",
    "term_duration_months": 84,
    "renewal_options": [
      {
        "option_number": 1,
        "renewal_period_months": 36,
        "notice_period_days": 180,
        "rent_escalation_method": "CPI Adjustment"
      }
    ],
    "end_date": "2030-05-13"
  },
  "financial_terms": {
    "base_rent_initial": 8757.09,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2024-05-13",
        "increase_value": 7.44,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-05-13",
        "increase_value": 4.66,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 6914.5
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 5684.9
      }
    ],
    "security_deposit_amount": 17514.18
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Common area maintenance (CAM)",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "All utility payments for the premises",
      "Interior non-structural maintenance"
    ]
  },
  "use_restrictions": [
    "Premises to be used solely for general office purposes.",
    "No hazardous materials permitted on the premises without prior written consent."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Requires prior written consent from Lessor, not to be unreasonably withheld."
  }
}