Document background
The Perpetual Lease Deed is a crucial legal instrument in Singapore's property landscape, typically used when parties seek to establish long-term property rights without transferring freehold ownership. This document is particularly relevant for commercial, industrial, or residential properties where permanent occupation rights are desired while maintaining the original ownership structure. The deed encompasses comprehensive terms regarding property usage, maintenance responsibilities, payment obligations, and compliance with Singapore's property laws. It provides a robust framework for managing perpetual leasehold arrangements while ensuring adherence to local regulatory requirements and protecting both parties' interests.
