Real Estate Lease Agreement
The lesser and the lessee have reached an agreement as follows.
Article 1 [key deposit and payment terms] The lessee shall pay the lessor key deposit and monthly lent of the real
estate stipulated above, as below.
Article 2 [Duration Period] The lessor shall transfer to the lessee the real estate above with the condition that is
used in accordance with the lease purpose and is profitable, by Mar. 20, 2003 And the lease period shall be until
Mar. 19, 2005 from the transferred date.
Article 3 [Usage transformation and sublet] The lessee shall not able to transform the usage and structure of the
real estate above without the consent of the lessor, to relend, transfer the lease right or provide with mortgage,
and to use the real estate for purposes other than lease purpose.
Article 4 [Agreement Termination] The lessor can cancel the lease agreement should the lessee not pay the
monthly lent for two months or breach the Article 3.
Article 5 [Agreement Expiration] (1) The lease agreement period terminates, the lessee shall restore the real
estate above to the original state, transfer it to the lessor, and (2) the lessor shall return the key deposit to the
lessee. If there are damages or unpaid lent, the lessor shall return the balance deducting such amounts.
Article 6 [Agreement Cancelation] Before the lessee pays the payment in middle(in case there is no payment in
middle, then balance), the lessor can cancel the agreement, paying twice
the key deposit and the lessee can cancel the agreement, giving up the key deposit.
Article 7 [Commission Fee of Real Estate Agency] Each of the lessor and the lessee shall pays commission and
actual expenses at the same time with entering into the lease agreement. The lessor and the lessee shall pay the
commission when the agreement is canceled due to the circumstances of each party, without the fault of the agent.
Remarks: The lessee shall not consent any premium.
The lessee shall evacuate the real estate to