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The Online Rental Lease Agreement has become increasingly important in Singapore's digitalized property market, offering a convenient and efficient way to formalize rental arrangements. This document type emerged from the need to modernize traditional lease agreements while maintaining compliance with Singapore's legal framework. It incorporates all standard lease provisions while adding specific clauses for electronic execution and digital payment systems. The agreement is designed to protect both landlord and tenant interests while ensuring compliance with Singapore's Electronic Transactions Act and property laws. It's particularly relevant in today's context where remote transactions are becoming the norm.
