Serviced Office Agreement: 11 Things To Look For
However, fully unlocking these benefits depends on what your Serviced Office Agreement (SOA) says. Treating an SOA like a standard checklist contract can lead to hidden fees, restrictive policies, and unexpected liability later.
This article presents 11 critical points you need to review in your agreement before you sign.
|
Checklist Item |
Details To Clarify |
|---|---|
|
Scope of Services |
Space access types, meeting room hours, utility coverage (electricity/internet), and maintenance duties. |
|
Lease Terms |
Lease duration, termination notice requirements, seat scalability, and early termination penalties. |
|
Pricing & Payments |
Per-desk or per-cabin rates, security deposit conditions, billing cycles, and late fee policies. |
|
Customization & Branding |
Options for workspace layout customization, logo/signage display, and furniture adjustments. |
|
Maintenance & Facility Management |
Who handles repairs (AC/plumbing/electrical) and daily upkeep (cleaning, security). |
|
Security & Access |
Entry controls (biometrics/cards), CCTV surveillance of common areas, and guest pre-registration rules. |
|
Compliance & Documentation |
Legal tenancy guarantees, valid tax receipts, and address eligibility for company registration. |
|
Exit Conditions & Liability |
Clarify early departure rules, asset damage liability, and final handover condition standards. |
|
Scalability & Growth Support |
Availability of additional workstations and paths to upgrade to larger layouts mid-lease. |
|
Business Support Services |
Availability of receptionist duties, mail handling, IT/technical support, and admin assistance. |
|
Final Inspection & Review |
Complete a physical walk-through (lighting, ergonomics), double-check contract fine print, and get attorney review. |
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