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Company Let Agreement
"I need a Company Let Agreement for leasing a 5,000 sqft office space in Singapore's Central Business District to a tech company, with a 3-year term starting March 1, 2025, including fit-out provisions and an option to renew for two additional years."
1. Parties: Details of the landlord and tenant, including registration numbers and registered addresses
2. Background: Context of the lease arrangement and property details
3. Definitions: Key terms used throughout the agreement
4. Demise: Specific details of the property being leased
5. Term: Duration of lease and commencement date
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Security Deposit: Amount and terms of security deposit
8. Tenant's Covenants: Obligations and responsibilities of the tenant
9. Landlord's Covenants: Obligations and responsibilities of the landlord
10. Insurance: Required insurance coverage and responsibilities
11. Termination: Conditions for early termination and process
1. Option to Renew: Terms for lease renewal, used when offering renewal options
2. Break Clause: Conditions for early termination by either party
3. Fit-out Works: Terms regarding premises modifications and renovation work
4. Service Charge: Additional charges for building services and maintenance
1. Schedule 1: Property Plans: Detailed floor plans and property boundaries
2. Schedule 2: Inventory: List of fixtures and fittings included in lease
3. Schedule 3: Building Rules: Specific rules and regulations for the building
4. Schedule 4: Permitted Use: Detailed description of allowed business activities
5. Schedule 5: Service Charge Items: Breakdown of service charge components
6. Appendix A: Handover Form: Condition report at commencement of lease
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