<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-HALF-2023-365

This serves as a summary of the commercial lease executed on 2023-02-12 between the Lessor, West-Christian, and Lessee, Gonzalez Group. The subject of this agreement is the Warehouse property at 34986 Henderson Cliff Apt. 999, Suite 1671, Lake Dawnport, Mississippi 34032, comprising approximately 11,358 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 72 months, commencing on 2023-03-16 and concluding on 2029-03-15. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $4,416.10, payable on a annually basis. A security deposit of $8,832.20 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 1.34 $/sf taking effect on 2024-03-15. Additional rents include Real Estate Taxes (Pass-through), Management Fee (Fixed annual contribution), Management Fee (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Structural repairs to building exterior and roof; Common area maintenance (CAM); Landscaping and snow removal. The Lessee's duties include: Janitorial services within leased premises; All utility payments for the premises. Use of the premises is specifically limited. Key restrictions include: Premises to be used solely for general office purposes. Signage must be approved by Lessor. Business operations restricted to 8:00 AM to 10:00 PM.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Strictly prohibited under all circumstances. A force majeure clause is present in the agreement. Any potential disputes are to be resolved via Litigation in the jurisdiction of the property location.. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-HALF-2023-365",
  "document_date": "2023-02-12",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "West-Christian",
      "entity_address": "235 Heather Orchard Apt. 922\nSmithtown, IN 11160"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Gonzalez Group",
      "entity_address": "349 Coleman Island Apt. 292\nSandovalburgh, WY 28713"
    }
  ],
  "property_details": {
    "property_address": "34986 Henderson Cliff Apt. 999, Suite 1671, Lake Dawnport, Mississippi 34032",
    "square_footage": 11358,
    "property_type": "Warehouse",
    "unit_identifier": "Suite 1671"
  },
  "lease_term": {
    "start_date": "2023-03-16",
    "term_duration_months": 72,
    "renewal_options": [],
    "end_date": "2029-03-15"
  },
  "financial_terms": {
    "base_rent_initial": 4416.1,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2024-03-15",
        "increase_value": 1.34,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-03-15",
        "increase_value": 4.22,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2026-03-15",
        "increase_value": 7.33,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2027-03-15",
        "increase_value": 4.98,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 9184.03
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 3333.41
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 9918.75
      }
    ],
    "security_deposit_amount": 8832.2
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Structural repairs to building exterior and roof",
      "Common area maintenance (CAM)",
      "Landscaping and snow removal"
    ],
    "lessee_responsibilities": [
      "Janitorial services within leased premises",
      "All utility payments for the premises"
    ]
  },
  "use_restrictions": [
    "Premises to be used solely for general office purposes.",
    "Signage must be approved by Lessor.",
    "Business operations restricted to 8:00 AM to 10:00 PM."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Strictly prohibited under all circumstances.",
    "dispute_resolution_method": "Litigation in the jurisdiction of the property location."
  }
}