Fixed Term Lease

Fixed Term Lease Template for Singapore

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Key Requirements PROMPT example:

"Need a Fixed Term Lease agreement for a 3-bedroom private residential property in Singapore, starting March 2025, with an option to renew and specific provisions for minor renovation works by the tenant."

Document background

The Fixed Term Lease agreement is essential for property rentals in Singapore, providing certainty of tenure for both landlord and tenant. It's commonly used for residential, commercial, and industrial properties, ensuring compliance with Singapore's strict property laws and regulations. The document specifies key terms including rental period, payment terms, security deposit requirements, and maintenance obligations. It's particularly important in Singapore's dynamic property market where clear documentation of rental terms is crucial for legal protection and dispute prevention.

Suggested Sections

1. Parties: Details of landlord and tenant

2. Background: Context of the lease arrangement

3. Definitions: Key terms used in the agreement

4. Property Details: Description and address of the leased property

5. Term and Possession: Duration of lease and possession details

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

7. Security Deposit: Amount and terms of security deposit

8. Maintenance and Repairs: Responsibilities for property maintenance

9. Termination: Conditions for ending the lease

Optional Sections

1. Option to Renew: Terms for lease renewal when parties agree to potential extension

2. Subletting: Terms regarding subletting rights when subletting is to be permitted

3. Fit-out Works: Terms for property modifications, applicable for commercial properties or when modifications are allowed

4. Break Clause: Early termination provisions when early termination option is agreed

Suggested Schedules

1. Schedule 1 - Property Inventory: List of furniture and fittings included in lease

2. Schedule 2 - Property Condition Report: Detailed condition of property at commencement

3. Schedule 3 - House Rules: Building or property specific rules and regulations

4. Appendix A - Floor Plan: Property layout and dimensions

5. Appendix B - Utilities Reading: Initial meter readings at handover

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

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Real Estate
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Commercial Property
Industrial

Relevant Teams

Legal
Real Estate
Finance
Operations
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Relevant Roles

Property Manager
Real Estate Agent
Legal Counsel
Facilities Manager
Asset Manager

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Authors

Alex Denne

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