<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-LET-2022-882

This serves as a summary of the commercial lease executed on 2022-12-16 between the Lessor, Dodson, Collier and Burton, and Lessee, Stewart, Moody and Mclean. The subject of this agreement is the Industrial property at 8584 Cynthia Forge Apt. 518, Suite 664, Jillianfort, Utah 23993, comprising approximately 2,335 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 2022-12-21 and concluding on 2029-12-20. The tenant holds 2 option(s) to renew, with the first being for a 36-month extension. To exercise this, a notice period of 270 days is required, with rent adjustment based on CPI Adjustment.

Financial obligations begin with an initial base rent of $86,448.95, payable on a quarterly basis. A security deposit of $86,448.95 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 3.38% taking effect on 2023-12-21. Additional rents include Management Fee (Pass-through), Insurance (Pro-rata share (2%)).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; Structural repairs to building exterior and roof; HVAC system maintenance and replacement. The Lessee's duties include: Janitorial services within leased premises; Pest control within the unit. Use of the premises is specifically limited. Key restrictions include: Signage must be approved by Lessor. Premises to be used solely for general office purposes.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted only to an affiliate entity with 30 days prior notice. 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-LET-2022-882",
  "document_date": "2022-12-16",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Dodson, Collier and Burton",
      "entity_address": "PSC 2849, Box 4152\nAPO AE 74041",
      "contact_person": "Daniel Crawford"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Stewart, Moody and Mclean",
      "entity_address": "7028 Deborah Haven Apt. 598\nSandraberg, ID 06075"
    }
  ],
  "property_details": {
    "property_address": "8584 Cynthia Forge Apt. 518, Suite 664, Jillianfort, Utah 23993",
    "square_footage": 2335,
    "property_type": "Industrial",
    "unit_identifier": "Suite 664"
  },
  "lease_term": {
    "start_date": "2022-12-21",
    "term_duration_months": 84,
    "renewal_options": [
      {
        "option_number": 1,
        "renewal_period_months": 36,
        "notice_period_days": 270,
        "rent_escalation_method": "CPI Adjustment"
      },
      {
        "option_number": 2,
        "renewal_period_months": 36,
        "notice_period_days": 365,
        "rent_escalation_method": "CPI Adjustment"
      }
    ],
    "end_date": "2029-12-20"
  },
  "financial_terms": {
    "base_rent_initial": 86448.95,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2023-12-21",
        "increase_value": 3.38,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2024-12-20",
        "increase_value": 8.38,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Management Fee",
        "payment_structure": "Pass-through"
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Pro-rata share (2%)",
        "estimated_annual_cost": 6540.88
      }
    ],
    "security_deposit_amount": 86448.95
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "Structural repairs to building exterior and roof",
      "HVAC system maintenance and replacement"
    ],
    "lessee_responsibilities": [
      "Janitorial services within leased premises",
      "Pest control within the unit"
    ]
  },
  "use_restrictions": [
    "Signage must be approved by Lessor.",
    "Premises to be used solely for general office purposes."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice."
  }
}