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Lease Agreement

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Lease Agreement

Ketut Arianta, the landlord, agrees to lease the property located


in Jalan Camplung Tanduk No. 6A, Seminyak, Kuta, Badung-Bali, to
Mr. Lucas Yang Shengzhi which is living in Singapore 16A Lim Tua
Tow Road s547752 as Singaporean passport holder number E8909399A,
the tenant, for two years starting October 1, 2022. This agreement
will end on September 30, 2024 and the contract cannot be extend
anymore, the tenant must clean the store following the end of the
contract time.

The following terms and conditions must be agreed to:

1. The rental fee is IDR 480.000.000 (four hundred and


eighty million rupiah) for two years that should be paid
by the 1st of October 2022. The contact legally running
to the tenant after the landlord receiving the money on
his bank account.
2. The tenant will be responsible to pay for services and
utilities including electricity and water. In case if
the tenant want upgrade electricity and water capacity,
the tenant have allowance to do by his own bill.
3. The leased property contains the following furnishings
like what shown on the building, the tenant have
allowance to do renovation by his own bill.
4. Structural changes to the outer walls, the concrete
floors, the concrete roof and the pillars are expressly
not permitted.
5. The tenant have full responsibility to the building when
make the renovation or after renovation if something
happen to the building will be cost by the tenant.
6. The landlord may inspect the property at any time giving
at least one day prior notice.
7. In case when the landlord and the tenant have problems
during the running contract, both parties agree to solve
the problems in family way, but if there is no
solutions, Regarding this agreement and all its
consequences, both parties agree to choose a permanent
domicile at Denpasar high court, Bali.

Thus this Agreement Letter is made in 2 (two) copies with

sufficient stamp duty and has the same legal force, signed by both

parties on ……………………………… on ……………… Date …… ( ………………………….. ) Month

…………………. Year ……… ( …………………………..………………….. ), and valid from that

date until the date …… ( …………………………. . ) Month …………………. Year ……… (

…………………………..………………….. ).

The undersigned agree to this lease agreement:

Landlord, Tenant,

Mr. Ketut Arianta Mr. Lucas Yang Shengzhi

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