Licence Rental Agreement Template for Singapore

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Key Requirements PROMPT example:

Licence Rental Agreement

"I need a Licence Rental Agreement for a co-working space in Singapore's CBD, granting flexible access to 10 desk spaces starting from March 2025, with monthly payment terms and the option to terminate with 30 days' notice."

Document background
The Licence Rental Agreement is commonly used in Singapore when parties seek to establish a flexible arrangement for property use without the formal obligations of a lease. This document type is particularly relevant when the property owner wants to retain significant control over the property while granting usage rights to another party. The agreement typically includes terms for duration, payment, permitted use, and termination rights, all structured within Singapore's legal framework. It's especially useful for short-term arrangements, shared spaces, or situations where traditional lease agreements might be too rigid or formal.
Suggested Sections

1. Parties: Identification and details of the licensor and licensee

2. Background: Context of the agreement and property details

3. Definitions: Key terms used throughout the agreement

4. Grant of Licence: Terms of the licence grant and permitted use

5. Licence Period: Duration and renewal terms

6. Licence Fee: Payment terms and schedule

7. Obligations of Licensee: Responsibilities and restrictions on the licensee

8. Termination: Conditions for ending the agreement

Optional Sections

1. Security Deposit: Terms for security deposit, when required by licensor

2. Utilities and Services: Responsibility for utilities and service charges when not included in licence fee

3. Maintenance and Repairs: Responsibilities for upkeep when specific maintenance obligations need to be defined

4. Insurance: Insurance requirements when specific coverage is required

Suggested Schedules

1. Schedule 1 - Property Details: Detailed description of licensed premises

2. Schedule 2 - Inventory List: List of furniture and fittings included in licence

3. Schedule 3 - House Rules: Building or property specific rules and regulations

4. Appendix A - Floor Plan: Layout and dimensions of licensed premises

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

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships and obligations, including requirements for valid contracts in Singapore

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and interests in land, including specific provisions relating to leases and licenses

Planning Act (Cap. 232): Controls zoning requirements and permitted use of properties in Singapore

Building Control Act (Cap. 29): Regulates building safety, maintenance requirements, and structural standards

Building Maintenance and Strata Management Act: Governs management and maintenance of strata-titled properties and common property

Fire Safety Act: Stipulates fire safety requirements and emergency exit regulations for properties

Environmental Public Health Act: Sets standards for health and sanitation requirements in properties

Stamp Duties Act: Determines stamp duty obligations and requirements for rental agreements

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data of contracting parties

COVID-19 (Temporary Measures) Act 2020: Provides temporary measures affecting rental agreements during the COVID-19 period

State Lands Act: Governs matters relating to state lands and their usage in rental arrangements

URA Regulations: Urban Redevelopment Authority guidelines and requirements for property usage and development

BCA Guidelines: Building and Construction Authority standards for building safety and maintenance

SLA Requirements: Singapore Land Authority regulations regarding land ownership and usage

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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