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Commercial Lease With Option To Buy
"I need a Commercial Lease With Option To Buy agreement for a retail space in Singapore's Orchard Road area, with a 3-year initial lease term starting March 2025 and an option to purchase that can be exercised after 18 months at a pre-agreed price of SGD 4.2 million."
1. Parties: Identification of landlord and tenant, including full legal names and registration details
2. Background: Context of the lease arrangement and property details
3. Definitions: Key terms used tHRoughout the agreement
4. Demised Premises: Detailed description of the leased property
5. Lease Term: Duration of lease and commencement date
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Option to Purchase: Terms and conditions of the purchase option
8. Security Deposit: Amount and terms of security deposit
9. Use of Premises: Permitted use and restrictions
10. Maintenance and Repairs: Responsibilities for property maintenance
1. Break Clause: Early termination provisions - use when parties want flexibility to end lease early
2. Rent Review: Provisions for periodic rent adjustments - recommended for longer lease terms
3. Subletting Provisions: Terms for subletting the premises - include if subletting might be considered
4. Green Lease Provisions: Environmental and sustainability requirements - for green-certified buildings
1. Property Floor Plan: Detailed plan showing the leased premises
2. Inventory List: List of fixtures and fittings included
3. Option to Purchase Terms: Detailed terms of the purchase option including pricing mechanism
4. Building Rules and Regulations: Specific rules applicable to the property
5. Maintenance Schedule: Schedule of maintenance responsibilities
6. Service Charge Schedule: Breakdown of service charges if applicable
Authors
Applicable Laws
Base Rent
Business Day
Commencement Date
Common Areas
Demised Premises
Deposit
Exercise Date
Exercise Notice
Exercise Period
Expiry Date
Floor Area
Force Majeure
GST
Initial Term
Landlord's Fixtures and Fittings
Lease Period
Option Fee
Option Period
Option to Purchase
Outgoings
Permitted Use
Property
Purchase Price
Rent
Renewal Term
Security Deposit
Service Charge
Term
Tenant's Improvements
Utilities
Working Days
Term and Renewal
Rent and Payment
Option to Purchase
Security Deposit
Property Use
Maintenance and Repairs
Insurance
Assignment and Subletting
Alterations and Improvements
Utilities and Services
Access and Inspection
Quiet Enjoyment
Default and Remedies
Force Majeure
Property Management
Health and Safety
Environmental Compliance
Indemnification
Termination
Dispute Resolution
Notices
Governing Law
Severability
Entire Agreement
Registration
Stamp Duty
GST
Building Rules and Regulations
Property Tax
Service Charge
Common Areas
Signage Rights
Parking Rights
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