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Termination Of Lease Template
I need a Termination Of Lease Template for my HDB flat in Singapore, where my tenant has requested early termination for March 2025, and I want to ensure proper documentation of property restoration and utility account transfers.
1. Parties: Details of landlord and tenant, including full legal names, addresses, and registration numbers if companies
2. Background: Reference to original lease agreement date, property details, and reason for termination
3. Definitions: Key terms used in the termination agreement including 'Termination Date', 'Property', 'Original Lease'
4. Termination Date: Specific date when lease will terminate and confirmation of notice period compliance
5. Security Deposit: Arrangements and timeline for return of security deposit, less any permitted deductions
6. Property Handover: Conditions and procedures for returning the property, including keys and access cards
7. Governing Law: Specification that agreement is governed by Singapore law
1. Early Termination Fee: Calculation and payment terms for early termination penalty, if applicable
2. Outstanding Payments: Details of any pending rent, utility payments, or other charges to be settled
3. Reinstatement Works: Requirements for property restoration to original condition, if modifications were made
4. Utilities Transfer: Process for termination or transfer of utility accounts
5. Release and Waiver: Mutual release from future claims related to the lease
1. Schedule 1 - Property Inspection Checklist: Detailed checklist for property condition assessment prior to handover
2. Schedule 2 - Utility Accounts List: List of all utility accounts to be terminated or transferred
3. Schedule 3 - Outstanding Payments Schedule: Itemized list of any pending payments or deductions from security deposit
4. Appendix A - Original Lease Agreement: Copy of the original lease agreement being terminated
5. Appendix B - Property Photographs: Current photographs of property condition for reference during handover
Authors
Landlord
Tenant
Premises
Original Lease
Termination Date
Security Deposit
Property Inspection
Handover Date
Outstanding Payments
Reinstatement Works
Utilities
Property Agent
Early Termination Fee
Working Day
Notice Period
Keys and Access Devices
Common Property
Fixtures and Fittings
Inventory List
Effective Date
Governing Law
Party/Parties
Security Deposit Return
Property Handover
Outstanding Payments
Utility Accounts
Keys Return
Property Inspection
Reinstatement Works
Early Termination Fee
Release of Obligations
Property Condition
Final Settlement
Indemnification
Notice Requirements
Governing Law
Dispute Resolution
Confidentiality
Entire Agreement
Severability
Force Majeure
Assignment
Representations and Warranties
Costs and Expenses
Waiver
Amendments
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