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. Mario
Albino Erich Scarabello which is living in Jalan Drupadi No. 22
Seminyak, Kuta, Badung-Bali as German 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 1 st
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. Mario Albino Erich Scarabello

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