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Commercial Sublease Agreement
"I need a Commercial Sublease Agreement for subletting a 2,500 sq ft office space in Singapore's Central Business District to a tech startup, with a 2-year term starting March 1, 2025, including provisions for fitting out works and an option to renew for an additional year."
1. Parties: Identification of head tenant (sublessor) and subtenant (sublessee), including full legal names, registration numbers, and registered addresses
2. Background: Context of sublease, including reference to head lease details, property ownership, and authority to sublease
3. Definitions: Key terms used throughout the agreement including 'Premises', 'Term', 'Rent', 'Security Deposit', etc.
4. Demised Premises: Detailed description of subleased property including location, floor area, and included facilities
5. Term and Rent: Duration of sublease, rental amount, payment schedule, and rent review mechanisms
6. Permitted Use: Specific allowed uses of the premises in compliance with zoning laws and head lease restrictions
7. Obligations of Parties: Comprehensive rights and responsibilities of sublessor and sublessee including maintenance, repairs, and alterations
8. Insurance: Required insurance coverage including public liability, property damage, and other mandatory insurance
9. Termination: Conditions and procedures for ending the sublease, including notice periods and consequences of default
1. Option to Renew: Terms for extending the sublease, including notice period and rent review for renewal term
2. Break Clause: Early termination provisions including conditions and notice requirements
3. Fitting Out Works: Provisions for premises modifications including approval process and reinstatement obligations
4. Service Charge: Additional maintenance fees and building service charges applicable to managed properties
1. Schedule 1 - Floor Plan: Detailed plan of subleased premises with measurements and boundaries
2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings, and equipment included in the sublease
3. Schedule 3 - Head Lease: Copy of original lease agreement between head landlord and sublessor
4. Schedule 4 - Landlord's Consent: Written approval from head landlord authorizing the sublease
5. Schedule 5 - House Rules: Building regulations, guidelines, and operational procedures
Authors
Building
Commencement Date
Common Areas
Consent
Demised Premises
Expiry Date
Head Landlord
Head Lease
Permitted Use
Premises
Rent
Security Deposit
Service Charge
Sublessor
Sublessee
Term
Termination Date
Utilities
Working Day
Base Rent
Building Rules
Fitting Out Works
Force Majeure Event
Insurance
Interest Rate
Maintenance
Operating Expenses
Party/Parties
Property Tax
Quiet Enjoyment
Relevant Authorities
Renewal Term
Rental Period
Stamp Duty
Structural Parts
Taxes
Term and Renewal
Rent and Payment
Security Deposit
Permitted Use
Utilities and Services
Insurance
Maintenance and Repair
Alterations and Improvements
Assignment and Subletting
Quiet Enjoyment
Default and Remedies
Termination
Force Majeure
Compliance with Laws
Access Rights
Yielding Up
Notices
Indemnification
Liability
Governing Law
Dispute Resolution
Costs and Expenses
Severability
Entire Agreement
Waiver
Head Landlord's Consent
Building Rules and Regulations
Environmental Compliance
Fire Safety
Signage Rights
Operating Hours
Service Charge
Property Tax
Goods and Services Tax
Insurance Requirements
Representations and Warranties
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