<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-MOVEMENT-2024-723

This serves as a summary of the commercial lease executed on 2024-07-14 between the Lessor, Carey, Molina and Hansen, and Lessee, Evans LLC. The subject of this agreement is the Warehouse property at 92736 Fisher Flat, Suite 2105, West Judith, Connecticut 35888, comprising approximately 10,443 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 72 months, commencing on 2024-08-13 and concluding on 2030-08-13. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $23,657.49, payable on a monthly basis. The lease includes a structured rent escalation schedule, with the first increase of 5.33 $/sf taking effect on 2025-08-13. Additional rents include Common Area Utilities (Pass-through), Insurance (Pass-through).

Regarding property maintenance, the Lessor is responsible for: Structural repairs to building exterior and roof; Landscaping and snow removal. The Lessee's duties include: All utility payments for the premises; Minor repairs to plumbing and electrical; Janitorial services within leased premises. Use of the premises is specifically limited. Key restrictions include: No hazardous materials permitted on the premises without prior written consent. Business operations restricted to 8:00 AM to 10:00 PM. Signage must be approved by Lessor.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted, subject to Lessor's right of first refusal and a profit-sharing clause. 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-MOVEMENT-2024-723",
  "document_date": "2024-07-14",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Carey, Molina and Hansen",
      "entity_address": "58055 Smith Keys Apt. 653\nLake Jessicaburgh, NM 08693",
      "contact_person": "Ronald Robinson"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Evans LLC"
    }
  ],
  "property_details": {
    "property_address": "92736 Fisher Flat, Suite 2105, West Judith, Connecticut 35888",
    "square_footage": 10443,
    "property_type": "Warehouse"
  },
  "lease_term": {
    "start_date": "2024-08-13",
    "term_duration_months": 72,
    "renewal_options": [],
    "end_date": "2030-08-13"
  },
  "financial_terms": {
    "base_rent_initial": 23657.49,
    "rent_frequency": "monthly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2025-08-13",
        "increase_value": 5.33,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2026-08-13",
        "increase_value": 3.69,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Common Area Utilities",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 6462.44
      },
      {
        "component_name": "Insurance",
        "payment_structure": "Pass-through"
      }
    ]
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Structural repairs to building exterior and roof",
      "Landscaping and snow removal"
    ],
    "lessee_responsibilities": [
      "All utility payments for the premises",
      "Minor repairs to plumbing and electrical",
      "Janitorial services within leased premises"
    ]
  },
  "use_restrictions": [
    "No hazardous materials permitted on the premises without prior written consent.",
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "Signage must be approved by Lessor."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted, subject to Lessor's right of first refusal and a profit-sharing clause.",
    "dispute_resolution_method": "Litigation in the jurisdiction of the property location."
  }
}