Early Occupancy Agreement Lease Addendum Template for Singapore

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Key Requirements PROMPT example:

Early Occupancy Agreement Lease Addendum

"I need an Early Occupancy Agreement Lease Addendum for a retail tenant who needs to start fitting out works from March 1, 2025, before the main lease starts on April 1, 2025, with specific provisions for construction insurance and noise restrictions during mall operating hours."

Document background

The Early Occupancy Agreement Lease Addendum is a crucial document in Singapore's property leasing landscape, typically used when tenants need to access premises before the main lease term begins. This might be necessary for renovation works, equipment installation, or early stock movement. The document addresses the gap between physical occupation and lease commencement, clearly defining rights, responsibilities, and liabilities during this interim period. It must comply with Singapore's property laws and regulations, including the Planning Act and Civil Law Act, while protecting both parties' interests through specific terms regarding insurance, payments, and property use.

Suggested Sections

1. 1. Parties: Details of landlord and tenant, including full legal names and addresses

2. 2. Background: Reference to main lease agreement and circumstances necessitating early occupancy

3. 3. Definitions: Key terms used in the agreement including 'Early Occupancy Period', 'Premises'

4. 4. Early Occupancy Terms: Specific dates, conditions, and terms of early occupancy

5. 5. Payment Terms: Early occupancy fees, pro-rata rent, utilities, and other charges

6. 6. Obligations During Early Occupancy: Responsibilities of both parties during the early occupancy period

7. 7. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for dispute resolution

Optional Sections

1. Insurance Requirements: Additional insurance coverage required during early occupancy period - include when standard lease insurance doesn't cover early occupancy period

2. Renovation/Fitting Out Works: Terms regarding any renovation or fitting out during early occupancy - include when tenant needs to conduct works before formal lease start

3. Early Termination: Conditions for early termination of the early occupancy arrangement - include when parties want flexibility to end early occupancy

Suggested Schedules

1. Schedule 1: Inventory List: Detailed list of furniture/fixtures present during early occupancy

2. Schedule 2: Condition Report: Documentation of property condition at start of early occupancy

3. Schedule 3: Payment Schedule: Breakdown of all payments due during early occupancy period

4. Appendix A: Property Plans: Floor plans and relevant property drawings

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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
Residential Real Estate
Retail
Hospitality

Relevant Teams

Legal
Real Estate
Facilities
Finance
Operations

Relevant Roles

Property Manager
Leasing Manager
Facilities Manager
Real Estate Director
Legal Counsel

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Let's create your Early Occupancy Agreement Lease Addendum

Authors

Alex Denne

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