An Office Tenancy Agreement is essential for any commercial office lease arrangement in Singapore. This document is used when a business or individual wishes to lease office space and needs to formalize the arrangement with the property owner. The agreement must comply with Singapore's strict property laws and regulations, including requirements for stamp duty, registration, and permitted use. It typically includes detailed provisions about rent, security deposits, maintenance obligations, and building rules. The document provides legal protection for both landlord and tenant while ensuring compliance with Singapore's commercial property regulations.
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Key Requirements PROMPT example:
Office Tenancy Agreement
"I need an Office Tenancy Agreement for a 2,500 sq ft office space in Singapore's Central Business District, with a 3-year term starting March 1, 2025, including specific provisions for after-hours air conditioning charges and fit-out works to be completed before move-in."
1. Parties: Details of landlord and tenant, including registration numbers for companies
2. Background: Brief context about the property and purpose of the lease
3. Definitions: Key terms used throughout the agreement
4. Demised Premises: Detailed description of the leased property
5. Term of Lease: Duration, commencement date, and expiry date
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Security Deposit: Amount, payment terms, and conditions for return
8. Use of Premises: Permitted use and restrictions
9. Maintenance and Repairs: Responsibilities of both parties
10. Termination: Conditions for early termination and process
1. Option to Renew: Terms for lease renewal, typically included when parties agree to potential lease extension
2. Fit-out Works: Provisions for tenant improvements and modifications to the premises
3. Break Clause: Early termination rights when parties agree to early termination options
4. Green Lease Provisions: Environmental sustainability requirements for green-certified buildings or environmentally conscious parties
1. Floor Plan: Detailed plan showing the demised premises
2. Inventory List: List of fixtures, fittings, and furniture provided
3. House Rules: Building management rules and regulations
4. Fit-out Guidelines: Technical specifications for renovation works
5. Service Charge Schedule: Breakdown of additional charges and utilities
6. Handover Form: Condition of premises at handover
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