The Proposal To Lease Commercial Space is a crucial preliminary document in Singapore's commercial property sector. It is typically used when a property owner or their agent wants to formally present leasing terms to a potential tenant, or when a prospective tenant wants to express interest in a property with specific terms. The document includes essential information such as property details, proposed rental rates, lease duration, permitted use, and other commercial terms. Under Singapore's legal framework, while not legally binding like a lease agreement, it forms the basis for subsequent negotiations and the final lease agreement.
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1. Parties: Identification of landlord and prospective tenant with full legal names and registration details
2. Background: Brief context of the proposal and property details
3. Property Description: Detailed description of the premises including floor area, location, and unit number
4. Commercial Terms: Proposed rental rate, lease term, security deposit, and payment terms
5. Proposed Use: Intended use of the premises and any restrictions
6. Timeline: Proposed commencement date and duration of offer validity
1. Fit-out Provisions: Details of any proposed renovations or modifications - include when premises requires renovation or customization
2. Incentives: Any rent-free periods or other incentives offered - include when offering special terms to attract tenants
3. Option to Renew: Terms for lease renewal - include when offering potential extension terms
4. Service Charges: Additional charges beyond base rent - include when there are separate building maintenance or service fees
1. Floor Plan: Detailed layout of the premises
2. Photos: Current condition of the premises
3. Building Rules and Regulations: Standard building management rules
4. Technical Specifications: Details of building systems, loading capacity, etc.
5. Proposed Fit-out Plans: If applicable, preliminary renovation plans
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