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Commercial Lease Notice To Vacate Template for Singapore

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Key Requirements PROMPT example:

Commercial Lease Notice To Vacate

"I need a Commercial Lease Notice To Vacate for our retail store at Marina Bay Shopping Centre in Singapore, as we're planning to terminate our lease early due to business restructuring, with intended vacation date of March 15, 2025."

Document background
The Commercial Lease Notice to Vacate is a crucial document in Singapore's commercial property landscape, used when either party wishes to terminate a commercial lease agreement. This notice must be issued in accordance with the terms specified in the original lease agreement and Singapore's property laws. It typically includes key information such as property details, vacation date, and any specific requirements for property handover. The document ensures legal compliance and provides a clear record of the intended lease termination.
Suggested Sections

1. Tenant Details: Full legal name and address of tenant, including registration number for companies

2. Property Details: Complete address and description of leased premises, including unit number and postal code

3. Lease Reference: Reference to original lease agreement including date, parties, and any relevant amendments

4. Notice of Vacation: Formal declaration of intent to vacate with specific vacation date

5. Notice Period Statement: Confirmation that the notice period complies with lease terms and applicable laws

Optional Sections

1. Reinstatement Requirements: Details of required property condition upon vacation and specific reinstatement obligations

2. Security Deposit Return: Request for return of security deposit and preferred payment method

3. Outstanding Matters: Reference to any pending payments, utility bills, or other unresolved matters

4. Property Access: Arrangements for final inspection and key handover

5. Forward Address: New correspondence address for future communications

Suggested Schedules

1. Property Handover Checklist: Detailed list of items to be checked and confirmed during property handover

2. Original Lease Agreement: Copy of the original lease agreement attached for reference

3. Property Condition Report: Current condition assessment of the property including photographs if required

4. Utility Account Details: List of utility accounts to be terminated or transferred

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






















Clauses




















Industries

Conveyancing and Law of Property Act: Primary legislation governing property transactions and leases in Singapore (Cap. 61), covering fundamental aspects of property law and leasing arrangements

Land Titles Act: Core legislation (Cap. 157) dealing with the registration and transfer of land titles in Singapore, including leasehold interests

Control of Rent Act: Legislation (Cap. 58) governing rental control and regulations in Singapore, including provisions for commercial properties

Planning Act: Act (Cap. 232) controlling land use and development in Singapore, relevant for commercial property usage and zoning requirements

Building Control Act: Legislation (Cap. 29) regulating building works and standards, essential for commercial property maintenance and modifications

Building Maintenance and Strata Management Act: Act (Cap. 30C) governing the maintenance of buildings and common property in strata developments

Fire Safety Act: Legislation (Cap. 109A) ensuring fire safety standards in commercial buildings and premises

Singapore Law Society's Conditions of Sale: Standard guidelines provided by the Law Society of Singapore for property transactions and agreements

SIAC Guidelines: Singapore International Arbitration Centre guidelines for handling disputes in commercial property matters

URA Guidelines: Urban Redevelopment Authority regulations governing commercial property usage and development

IRAS Regulations: Inland Revenue Authority of Singapore guidelines regarding property tax and financial obligations for commercial properties

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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