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Garage Lease Agreement
"I need a Garage Lease Agreement for a commercial parking space in Singapore that I'm renting out to a logistics company for one year, starting January 2025, with specific provisions for 24/7 access and heavy vehicle parking."
1. Parties: Identifies and defines the lessor and lessee, including their full legal names, addresses, and registration numbers if applicable
2. Background: Provides context for the lease arrangement and explains the purpose of the agreement
3. Definitions: Defines key terms used tHRoughout the agreement to ensure clarity and avoid ambiguity
4. Premises Description: Detailed description of the garage space being leased, including location, dimensions, and any specific identifiers
5. Term and Rent: Duration of lease, commencement date, rent amount, payment schedule, and method of payment
6. Permitted Use: Specifies allowed uses of the garage space and any prohibited activities
7. Maintenance and Repairs: Outlines responsibilities for upkeep, maintenance obligations, and repair procedures
8. Insurance Requirements: Specifies required insurance coverage, minimum coverage amounts, and obligations of each party
9. Termination: Conditions and process for ending the lease, including notice periods and consequences of breach
1. Utilities: Terms for utility services and payments, applicable when utilities are separately metered or charged
2. Security Deposit: Terms for security deposit handling, including amount, conditions for return, and permitted deductions
3. Alterations: Terms for modifications to the space, including approval process and restoration requirements
4. Subletting: Terms for subletting the space, including conditions and approval requirements
1. Schedule 1 - Floor Plan: Detailed plan showing the exact dimensions and location of the leased garage space
2. Schedule 2 - Inventory: List of any fixtures, fittings, or equipment included in the lease
3. Schedule 3 - Building Rules: Specific rules and regulations for the building or complex where the garage is located
4. Schedule 4 - Maintenance Schedule: Detailed schedule of regular maintenance requirements and responsibilities
Authors
Building
Building Management Corporation
Building Rules
Commencement Date
Common Areas
Consideration
Deposit
Expiry Date
Garage Space
Insurance Requirements
Landlord
Lease Period
Lease Term
Licensed Area
Maintenance Charges
Parties
Permitted Use
Premises
Property
Rent
Security Deposit
Service Charges
Tenant
Term
Termination Date
Utilities
Working Day
Term and Duration
Rent and Payment
Security Deposit
Permitted Use
Maintenance and Repairs
Insurance
Utilities and Services
Access and Security
Alterations and Improvements
Assignment and Subletting
Liability and Indemnification
Default and Remedies
Termination
Force Majeure
Notices
Compliance with Laws
Health and Safety
Environmental Compliance
Quiet Enjoyment
Return of Premises
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Waiver
Registration
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