<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-MYSELF-2024-651

This serves as a summary of the commercial lease executed on 2024-08-04 between the Lessor, Olson-Jimenez, and Lessee, Gutierrez, Hughes and Krueger. The subject of this agreement is the Medical Office property at 3094 Matthew Lane, Suite 1234, Port Michelle, South Carolina 58782, comprising approximately 24,901 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 2024-12-27 and concluding on 2031-12-27. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $2,522.86, payable on a annually basis. A security deposit of $5,045.72 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 1.91% taking effect on 2025-12-27. Additional rents include Common Area Utilities (Pass-through), Operating Expenses (CAM) (Fixed annual contribution), Management Fee (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; HVAC system maintenance and replacement. The Lessee's duties include: All utility payments for the premises; Minor repairs to plumbing and electrical; Pest control within the unit; Interior non-structural maintenance. Use of the premises is specifically limited. Key restrictions include: No structural alterations without Lessor approval. Business operations restricted to 8:00 AM to 10:00 PM. 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 Binding arbitration in Wolfbury. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-MYSELF-2024-651",
  "document_date": "2024-08-04",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Olson-Jimenez",
      "entity_address": "38148 Lauren Turnpike Suite 825\nLake Kennethton, CA 71675",
      "contact_person": "Kristen Rodriguez"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Gutierrez, Hughes and Krueger",
      "entity_address": "710 Bradshaw Land\nPort Deanna, AR 12702"
    }
  ],
  "property_details": {
    "property_address": "3094 Matthew Lane, Suite 1234, Port Michelle, South Carolina 58782",
    "square_footage": 24901,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 1234"
  },
  "lease_term": {
    "start_date": "2024-12-27",
    "term_duration_months": 84,
    "renewal_options": [],
    "end_date": "2031-12-27"
  },
  "financial_terms": {
    "base_rent_initial": 2522.86,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2025-12-27",
        "increase_value": 1.91,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2026-12-27",
        "increase_value": 0.38,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pass-through"
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 9853.01
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 1700.33
      }
    ],
    "security_deposit_amount": 5045.72
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "HVAC system maintenance and replacement"
    ],
    "lessee_responsibilities": [
      "All utility payments for the premises",
      "Minor repairs to plumbing and electrical",
      "Pest control within the unit",
      "Interior non-structural maintenance"
    ]
  },
  "use_restrictions": [
    "No structural alterations without Lessor approval.",
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "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": "Binding arbitration in Wolfbury"
  }
}