Download Company Tenancy Agreement - Singapore

Company Tenancy Agreement for Singapore

Company Tenancy Agreement Template for Singapore

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Company Tenancy Agreement

"Need a Company Tenancy Agreement for a 3-year lease of office space in Singapore CBD, starting March 2025, with an option to renew for two years and specific provisions for tech company fit-out requirements including server room specifications."

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What is a Company Tenancy Agreement?

The Company Tenancy Agreement is essential for businesses seeking to lease commercial premises in Singapore. It serves as the primary document governing the landlord-tenant relationship in commercial property transactions, ensuring compliance with Singapore's regulatory framework including the Civil Law Act, Building Control Act, and URA guidelines. This agreement typically covers lease duration, rental terms, permitted use, maintenance responsibilities, and other crucial aspects of commercial tenancy. It's particularly important for establishing clear rights and obligations while ensuring compliance with Singapore's strict commercial property regulations.

What sections should be included in a Company Tenancy Agreement?

1. Parties: Details of landlord and tenant companies, including registration numbers and registered addresses

2. Background: Context of the agreement and basic details of the property

3. Definitions: Key terms used throughout the agreement

4. Demise: Specific details of the property being leased and any included fixtures/fittings

5. Term: Duration of lease, commencement date, and expiry date

6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment

7. Security Deposit: Amount, terms of holding, and conditions for return

8. Permitted Use: Allowed usage of premises and any restrictions

9. Maintenance and Repairs: Responsibilities of both parties regarding property upkeep

10. Insurance: Required insurance coverage and responsibilities

11. Termination: Conditions and process for ending the tenancy

What sections are optional to include in a Company Tenancy Agreement?

1. Option to Renew: Terms for lease renewal - included when parties agree to possible lease extension

2. Break Clause: Conditions for early termination - included when early termination possibility is negotiated

3. Fit-out Works: Terms for tenant modifications - included when premises require renovation/modification

4. Service Charge: Additional charges for building services - included for properties in managed buildings

5. Green Lease Provisions: Environmental sustainability requirements - included for green-certified buildings or when specifically required

What schedules should be included in a Company Tenancy Agreement?

1. Floor Plan: Detailed plan showing the leased premises

2. Inventory List: List of fixtures, fittings, and furniture included

3. House Rules: Building regulations and operational guidelines

4. Fit-out Guidelines: Technical specifications for permitted modifications

5. Handover Form: Condition report at commencement of lease

6. Maintenance Schedule: Detailed breakdown of maintenance responsibilities

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Commercial Real Estate
Retail
Office Space
Industrial
Technology

Relevant Teams

Legal
Finance
Operations
Facilities
Real Estate
Procurement

Relevant Roles

Chief Financial Officer
Facilities Manager
Real Estate Director
Legal Counsel
Operations Manager
Property Manager

Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships and requirements for contracts relating to land/property

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and leases, including legal requirements for property transfers and lease agreements

Planning Act (Cap. 232): Controls zoning requirements and permitted property usage in Singapore

Building Control Act (Cap. 29): Governs building safety, maintenance requirements, and building code compliance

Building Maintenance and Strata Management Act: Regulates properties in strata-titled buildings and common property management

URA Guidelines: Urban Redevelopment Authority guidelines covering usage, minimum rental periods, and commercial property regulations

SLA Requirements: Singapore Land Authority requirements for property ownership verification and land use restrictions

Fire Safety Act: Stipulates fire safety requirements and emergency protocols for commercial properties

Environmental Public Health Act: Covers cleanliness, maintenance requirements, and waste management regulations

Stamp Duties Act: Governs stamp duty obligations and payment timelines for property transactions

COVID-19 (Temporary Measures) Act: Temporary measures affecting commercial tenancies and potential relief measures

Personal Data Protection Act: Regulations for handling tenant's personal information and data protection obligations

Terms of Lease: Key contractual component covering duration, renewal options, and basic lease conditions

Rental Payment Terms: Specifications for rent amount, payment schedule, late payment penalties, and rent review mechanisms

Security Deposit: Requirements for security deposit amount, terms of holding, and conditions for return

Permitted Use Clause: Specific allowable uses of the premises and any restrictions on business activities

Maintenance Responsibilities: Clear division of maintenance obligations between landlord and tenant

Insurance Requirements: Mandatory insurance coverage requirements for both landlord and tenant

Termination Clauses: Conditions and procedures for early termination, breach of contract, and natural end of lease

Dispute Resolution: Procedures for handling disputes, including mediation, arbitration, or court proceedings

GST Provisions: Treatment of Goods and Services Tax in relation to rent and other charges

Assignment/Subletting Rights: Conditions under which the tenant may assign or sublet the premises

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Let's create your Company Tenancy Agreement

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What is a Company Tenancy Agreement?

What sections should be included in a Company Tenancy Agreement?

What sections are optional to include in a Company Tenancy Agreement?

What schedules should be included in a Company Tenancy Agreement?

Authors

Alex Denne

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