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Commercial Sublease Contract
"I need a Commercial Sublease Contract for subletting 2,000 square feet of my retail space in Singapore's Orchard Road to a high-end fashion retailer, with the sublease term starting from March 1, 2025, and including specific provisions for store fit-out and operating hours during peak shopping seasons."
1. Parties: Details of the head tenant (sublessor) and subtenant (sublessee)
2. Background: Context of the sublease, including details of the head lease
3. Definitions: Key terms used tHRoughout the agreement
4. Premises Description: Detailed description of the subleased property
5. Term and Renewal: Duration of sublease and renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Use of Premises: Permitted use and restrictions
8. Maintenance and Repairs: Responsibilities for property maintenance
9. Insurance Requirements: Required insurance coverage
10. Termination Provisions: Conditions for early termination
1. Fit-out Works: Terms for premises modifications and renovation requirements. Include when tenant will perform renovations or modifications to the premises
2. Option to Purchase: Terms for potential property purchase. Include when purchase option is being offered to the subtenant
3. Environmental Compliance: Environmental obligations and compliance requirements. Include for industrial or specialized commercial use
4. Subletting and Assignment: Rights to further sublet or assign the premises. Include if further subletting is permitted
1. Floor Plan: Detailed plan of subleased premises
2. Head Lease Details: Key terms from original lease
3. Inventory List: List of included fixtures and fittings
4. Service Charge Schedule: Breakdown of additional charges
5. Fit-out Guidelines: Specifications for permitted modifications
6. Building Rules: Property management rules and regulations
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