End Of Lease Agreement Template for Singapore

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Key Requirements PROMPT example:

End Of Lease Agreement Template

I need an End Of Lease Agreement Template for a commercial office space in Singapore CBD, where the tenant is leaving on good terms after completing their full 3-year term on March 31, 2025, with standard reinstatement works required.

Document background
The End Of Lease Agreement Template is a crucial document used in Singapore's property market to ensure a smooth and legally compliant conclusion of lease arrangements. It serves as a comprehensive record of the agreed terms for lease termination, protecting both landlord and tenant interests. The document typically includes provisions for property inspection, deposit refund, utility settlement, and reinstatement works, all aligned with Singapore's property laws and regulations. It's particularly important in preventing future disputes and providing clear documentation of the property's condition and final settlements.
Suggested Sections

1. Parties: Identification and details of landlord and tenant

2. Background: Context of the lease ending and purpose of agreement

3. Definitions: Key terms used throughout the agreement

4. Property Handover Details: Specific date, time, and process for returning the property

5. Security Deposit Settlement: Terms for return or deduction of security deposit

6. Outstanding Payments: Settlement of any remaining rent or utility payments

Optional Sections

1. Reinstatement Works: Details of required restoration work when property modifications were made during tenancy

2. Damage Claims: Process for addressing property damage beyond normal wear and tear when damage has been identified

3. Early Termination Settlement: Terms for early lease termination when lease is ending before original term

Suggested Schedules

1. Property Condition Report: Detailed assessment of property condition at handover

2. Inventory List: List of furniture/items to be returned/checked

3. Utility Reading Records: Final readings of utilities for settlement

4. Photographic Evidence: Documentation of property condition

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

Industries

Building Maintenance and Strata Management Act: Primary legislation governing the maintenance and management of strata-titled properties in Singapore

Conveyancing and Law of Property Act: Fundamental legislation governing property transactions and rights in Singapore

Housing and Development Board Act: Legislation specific to HDB properties and public housing regulations

Planning Act: Controls land use and property development in Singapore

Property Tax Act: Governs property taxation obligations and responsibilities

Residential Property Act: Regulates the ownership of residential properties by foreign persons

Control of Rent Act: Legislation governing rental control and tenant-landlord relationships

Distress Act: Provides remedies for landlords to recover rent arrears

State Lands Encroachments Act: Deals with encroachments on State land and related matters

Security Deposit Framework: Common practice guidelines for security deposits (typically 1 month's rent for 1-year lease) and return procedures

Notice Period Requirements: Statutory requirements for termination notices based on lease type

Property Handover Requirements: Legal obligations regarding property condition, wear and tear, and reinstatement at lease end

HDB Regulations: Specific rules and guidelines for public housing properties

URA Guidelines: Urban Redevelopment Authority guidelines for private properties

MCST Rules: Management Corporation Strata Title rules applicable to condominiums

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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