<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-LEFT-2024-822

This serves as a summary of the commercial lease executed on 2024-04-04 between the Lessor, Peters, Church and Ellis, and Lessee, Dawson Group. The subject of this agreement is the Medical Office property at 094 Maddox Pike, Suite 248, Dawnland, West Virginia 06333, comprising approximately 7,330 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 120 months, commencing on 2024-09-01 and concluding on 2034-09-01. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $5,277.26, payable on a annually basis. The lease includes a structured rent escalation schedule, with the first increase of 3.24% taking effect on 2025-09-01. Additional rents include Real Estate Taxes (Pro-rata share (12%)), Common Area Utilities (Fixed annual contribution), Common Area Utilities (Fixed annual contribution), Operating Expenses (CAM) (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; Common area maintenance (CAM). The Lessee's duties include: Minor repairs to plumbing and electrical; Pest control within the unit; Janitorial services within leased premises. 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: Strictly prohibited under all circumstances. A force majeure clause is present in the agreement. Any potential disputes are to be resolved via Mediation followed by litigation in the State of Wisconsin. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-LEFT-2024-822",
  "document_date": "2024-04-04",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Peters, Church and Ellis",
      "entity_address": "370 Samantha Well\nYoungberg, LA 75554"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Dawson Group"
    }
  ],
  "property_details": {
    "property_address": "094 Maddox Pike, Suite 248, Dawnland, West Virginia 06333",
    "square_footage": 7330,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 248"
  },
  "lease_term": {
    "start_date": "2024-09-01",
    "term_duration_months": 120,
    "renewal_options": [],
    "end_date": "2034-09-01"
  },
  "financial_terms": {
    "base_rent_initial": 5277.26,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-09-01",
        "increase_value": 3.24,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2026-09-01",
        "increase_value": 3.43,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2027-09-01",
        "increase_value": 2.98,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Pro-rata share (12%)",
        "estimated_annual_cost": 3330.66
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Fixed annual contribution"
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 2071.01
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 1007.58
      }
    ]
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "Common area maintenance (CAM)"
    ],
    "lessee_responsibilities": [
      "Minor repairs to plumbing and electrical",
      "Pest control within the unit",
      "Janitorial services within leased premises"
    ]
  },
  "use_restrictions": [
    "Signage must be approved by Lessor.",
    "Premises to be used solely for general office purposes."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Strictly prohibited under all circumstances.",
    "dispute_resolution_method": "Mediation followed by litigation in the State of Wisconsin"
  }
}