The Termination Of Commercial Lease By Landlord is a crucial document used in Singapore when a landlord needs to end a commercial tenancy agreement. It's typically employed when there are breaches of lease terms, property redevelopment plans, or other valid grounds for termination under Singapore law. The document ensures compliance with local property legislation, including the Conveyancing and Law of Property Act, while protecting both parties' rights. It contains essential information about termination grounds, notice periods, property handover requirements, and outstanding obligations.
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Key Requirements PROMPT example:
Termination Of Commercial Lease By Landlord
"I need a Termination Of Commercial Lease By Landlord document for my retail space in Singapore's Orchard Road district, due to the tenant's repeated late payments and breach of operating hours conditions, with termination to take effect from March 1, 2025."
1. Parties: Identification of landlord and tenant with full legal names and addresses
2. Background: Reference to original lease agreement and circumstances leading to termination
3. Definitions: Key terms used in the termination notice
4. Grounds for Termination: Specific reasons for lease termination with reference to relevant lease clauses
5. Effective Date: Clear statement of when the termination takes effect
6. Handover Requirements: Specific conditions for returning the premises
7. Outstanding Obligations: Statement of any remaining payments or obligations
1. Security Deposit: Terms for return of security deposit when security deposit was provided under original lease
2. Dispute Resolution: Process for resolving any disputes arising from termination, used in cases of potential disagreement over termination terms
3. Reinstatement Works: Specific requirements for property restoration when premises require specific restoration work
1. Original Lease Agreement: Copy of the lease being terminated
2. Property Condition Report: Current condition assessment of premises
3. Outstanding Payments Schedule: Detailed list of any unpaid rent or charges
4. Handover Checklist: Specific items to be checked during property handover
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