Guarantor Tenancy Agreement Template for Singapore

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Key Requirements PROMPT example:

Guarantor Tenancy Agreement

"I need a Guarantor Tenancy Agreement for a 2-bedroom condo in Singapore, where the tenant's parent will act as guarantor, with a 12-month lease starting March 1, 2025, and monthly rent of SGD 4,500."

Document background
The Guarantor Tenancy Agreement is essential in Singapore's rental market where landlords seek additional security for their property investments. This document is particularly relevant when tenants may not meet certain financial criteria independently, such as students, young professionals, or those with limited credit history. The agreement outlines the guarantor's commitment to fulfill the tenant's obligations if the tenant defaults, while complying with Singapore's legal framework. It includes specific provisions required under Singapore law, including the scope of the guarantee, conditions for enforcement, and remedies available to all parties.
Suggested Sections

1. Parties: Identifies and defines the Landlord, Tenant, and Guarantor with their full details and addresses

2. Background: Context of the tenancy agreement and relationship between parties including purpose of guarantee

3. Definitions: Key terms used throughout the agreement including Property, Term, Rent, Security Deposit

4. Demise: Details of the property being leased including address and included fixtures/fittings

5. Term and Rent: Duration of tenancy, rental amount, payment terms and method

6. Guarantor's Obligations: Scope and extent of guarantee including payment obligations and indemnities

7. Tenant's Covenants: Tenant's obligations including property maintenance, permitted use, and compliance with regulations

8. Landlord's Covenants: Landlord's obligations including quiet enjoyment and property maintenance responsibilities

9. Termination Provisions: Circumstances and process for ending the agreement, including notice requirements

Optional Sections

1. Break Clause: Early termination options and conditions for both parties

2. Option to Renew: Terms and conditions for extending the lease period

3. Subletting Provisions: Rules and restrictions regarding subletting or assignment of the property

4. HDB Compliance: Special provisions for HDB properties including quota restrictions and eligibility

5. COVID-19 Provisions: Special arrangements related to pandemic circumstances

Suggested Schedules

1. Schedule 1 - Inventory List: Detailed list of furnishings and their condition at commencement

2. Schedule 2 - Property Condition Report: Comprehensive documentation of property condition with photographs

3. Schedule 3 - House Rules: Specific rules for property use, maintenance and common areas

4. Schedule 4 - Payment Schedule: Breakdown of rent, deposit and other financial obligations

5. Schedule 5 - Guarantor's Statement: Declaration of guarantor's financial capacity and commitment

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

Clauses
Industries

Civil Law Act (Cap. 43): Primary legislation governing contracts and guarantees in Singapore, including Statute of Frauds requirements for guarantees to be in writing

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and rights, including leases and tenancies in Singapore

Planning Act (Cap. 232): Controls the development and use of land and buildings in Singapore

Housing and Development Act (Cap. 129): Governs public housing (HDB) properties and related tenancy matters

Residential Property Act (Cap. 274): Regulates the purchase and rental of residential properties by foreign persons

Misrepresentation Act (Cap. 390): Provides remedies for misrepresentation in contracts, including tenancy agreements

Unfair Contract Terms Act (Cap. 396): Restricts the extent to which civil liability can be avoided through contract terms

COVID-19 (Temporary Measures) Act 2020: Temporary legislation affecting tenancy agreements during the pandemic period

Building Maintenance and Strata Management Act: Regulates management of strata-titled properties, relevant for condominium tenancies

State Lands Act: Governs the management and use of state lands, which may affect certain tenancy situations

Stamp Duties Act (Cap. 312): Requires proper stamping of tenancy agreements and determines applicable duty rates

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in tenancy agreements

Immigration Act: Relevant for tenancy agreements involving foreign tenants, affecting their legal status to rent

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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