<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-GET-2023-106

This serves as a summary of the commercial lease executed on 2023-08-29 between the Lessor, Robinson, Reyes and Webster, and Lessee, Campos, Nichols and Hall. The subject of this agreement is the Medical Office property at 349 Johnson Haven, Suite 995, Cassandrastad, Arizona 72806, comprising approximately 18,364 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 2023-12-10 and concluding on 2030-12-09. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $87,513.99, payable on a quarterly basis. A security deposit of $87,513.99 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 1.78 $/sf taking effect on 2024-12-09. Additional rents include Management Fee (Fixed annual contribution), Common Area Utilities (Pro-rata share (15%)), Operating Expenses (CAM) (Pass-through).

Regarding property maintenance, the Lessor is responsible for: Common area maintenance (CAM); Landscaping and snow removal; Parking lot maintenance. The Lessee's duties include: Minor repairs to plumbing and electrical; Pest control within the unit; Janitorial services within leased premises; Interior non-structural maintenance. Use of the premises is specifically limited. Key restrictions include: Premises to be used solely for general office purposes. Business operations restricted to 8:00 AM to 10:00 PM.

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. Any potential disputes are to be resolved via Mediation followed by litigation in the State of Tennessee. Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-GET-2023-106",
  "document_date": "2023-08-29",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Robinson, Reyes and Webster",
      "entity_address": "588 Jennifer Views Apt. 651\nEast Sierrastad, NJ 63734"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Campos, Nichols and Hall",
      "entity_address": "6940 Meza Garden\nAlvarezberg, ND 21536"
    }
  ],
  "property_details": {
    "property_address": "349 Johnson Haven, Suite 995, Cassandrastad, Arizona 72806",
    "square_footage": 18364,
    "property_type": "Medical Office"
  },
  "lease_term": {
    "start_date": "2023-12-10",
    "term_duration_months": 84,
    "renewal_options": [],
    "end_date": "2030-12-09"
  },
  "financial_terms": {
    "base_rent_initial": 87513.99,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2024-12-09",
        "increase_value": 1.78,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-12-09",
        "increase_value": 1.9,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2026-12-09",
        "increase_value": 0.43,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Management Fee",
        "payment_structure": "Fixed annual contribution"
      },
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pro-rata share (15%)",
        "estimated_annual_cost": 9093.43
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 2882.6
      }
    ],
    "security_deposit_amount": 87513.99
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Common area maintenance (CAM)",
      "Landscaping and snow removal",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "Minor repairs to plumbing and electrical",
      "Pest control within the unit",
      "Janitorial services within leased premises",
      "Interior non-structural maintenance"
    ]
  },
  "use_restrictions": [
    "Premises to be used solely for general office purposes.",
    "Business operations restricted to 8:00 AM to 10:00 PM."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice.",
    "dispute_resolution_method": "Mediation followed by litigation in the State of Tennessee"
  }
}