<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-ANY-2024-358

This serves as a summary of the commercial lease executed on 2024-06-26 between the Lessor, Mathews-Powers, and Lessee, Sawyer, Wallace and Ferguson. The subject of this agreement is the Medical Office property at 40834 Jill Rue, Suite 770, Dodsonport, South Carolina 11329, comprising approximately 5,124 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 36 months, commencing on 2024-12-06 and concluding on 2027-12-06. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $6,094.72, payable on a annually basis. A security deposit of $6,094.72 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 4.2% taking effect on 2025-12-06. Additional rents include Real Estate Taxes (Fixed annual contribution), Operating Expenses (CAM) (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Common area maintenance (CAM); HVAC system maintenance and replacement. The Lessee's duties include: Janitorial services within leased premises; All utility payments for the premises; Interior non-structural maintenance; Minor repairs to plumbing and electrical. Use of the premises is specifically limited. Key restrictions include: Premises to be used solely for general office purposes. No structural alterations without Lessor approval.

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. 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-ANY-2024-358",
  "document_date": "2024-06-26",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Mathews-Powers",
      "entity_address": "70851 Ryan Pines Suite 434\nLake Jacobton, NV 55312",
      "contact_person": "Kevin Cummings"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Sawyer, Wallace and Ferguson",
      "entity_address": "14897 Gregory Track Suite 681\nNew Brianshire, MP 23409"
    }
  ],
  "property_details": {
    "property_address": "40834 Jill Rue, Suite 770, Dodsonport, South Carolina 11329",
    "square_footage": 5124,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 770"
  },
  "lease_term": {
    "start_date": "2024-12-06",
    "term_duration_months": 36,
    "renewal_options": [],
    "end_date": "2027-12-06"
  },
  "financial_terms": {
    "base_rent_initial": 6094.72,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-12-06",
        "increase_value": 4.2,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2026-12-06",
        "increase_value": 6.31,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 5586.61
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 9244.83
      }
    ],
    "security_deposit_amount": 6094.72
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Common area maintenance (CAM)",
      "HVAC system maintenance and replacement"
    ],
    "lessee_responsibilities": [
      "Janitorial services within leased premises",
      "All utility payments for the premises",
      "Interior non-structural maintenance",
      "Minor repairs to plumbing and electrical"
    ]
  },
  "use_restrictions": [
    "Premises to be used solely for general office purposes.",
    "No structural alterations without Lessor approval."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Requires prior written consent from Lessor, not to be unreasonably withheld.",
    "dispute_resolution_method": "Litigation in the jurisdiction of the property location."
  }
}