<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-BLOOD-2023-818

This serves as a summary of the commercial lease executed on 2023-09-18 between the Lessor, Potter-Carpenter, and Lessee, Cook-Wise. The subject of this agreement is the Office property at 0107 Bryan Mall, Suite 836, Wandamouth, New Jersey 77794, comprising approximately 10,676 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 2023-11-08 and concluding on 2030-11-07. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $1,132.18, payable on a quarterly basis. A security deposit of $2,264.36 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 2.96% taking effect on 2024-11-07. Additional rents include Real Estate Taxes (Fixed annual contribution), Management Fee (Pass-through).

Regarding property maintenance, the Lessor is responsible for: Parking lot maintenance; 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: Business operations restricted to 8:00 AM to 10:00 PM. No hazardous materials permitted on the premises without prior written consent.

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.  Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-BLOOD-2023-818",
  "document_date": "2023-09-18",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Potter-Carpenter",
      "entity_address": "Unit 8906 Box 3310\nDPO AE 19816",
      "contact_person": "Jared Briggs"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Cook-Wise"
    }
  ],
  "property_details": {
    "property_address": "0107 Bryan Mall, Suite 836, Wandamouth, New Jersey 77794",
    "square_footage": 10676,
    "property_type": "Office",
    "unit_identifier": "Suite 836"
  },
  "lease_term": {
    "start_date": "2023-11-08",
    "term_duration_months": 84,
    "renewal_options": [],
    "end_date": "2030-11-07"
  },
  "financial_terms": {
    "base_rent_initial": 1132.18,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Step-Up",
        "effective_date": "2024-11-07",
        "increase_value": 2.96,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-11-07",
        "increase_value": 5.15,
        "increase_unit": "percentage"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 8797.86
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 5832.31
      }
    ],
    "security_deposit_amount": 2264.36
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Parking lot maintenance",
      "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": [
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "No hazardous materials permitted on the premises without prior written consent."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": false,
    "sublease_assignment_terms": "Permitted, subject to Lessor's right of first refusal and a profit-sharing clause."
  }
}