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Termination Of Sublease Agreement
"I need a Termination Of Sublease Agreement for my retail space in Singapore's Orchard Road area, where my sublessee has requested early termination effective March 1, 2025, and we need to include specific provisions about the removal of shop fittings and signage."
1. Parties: Identification of all parties involved including original lessor, lessee/sublessor, and sublessee
2. Background: Details of original lease and sublease agreements, including dates and key terms
3. Definitions: Key terms used throughout the agreement
4. Termination Date: Specific date when sublease will terminate
5. Mutual Release: Release of parties from obligations under sublease
6. Return of Security Deposit: Terms for return of security deposit
7. Property Surrender: Conditions for returning property
8. Governing Law: Specification of Singapore law as governing law
1. Outstanding Payments: Section detailing settlement of any remaining rent or charges, used when there are pending payments to be addressed
2. Property Inspection: Section covering arrangements for final inspection and condition assessment of the property
3. Utilities Transfer: Section addressing process for transferring or terminating utilities accounts and services
4. Key Return: Section detailing procedure for returning keys, access cards, and other access devices
1. Schedule 1 - Original Lease Agreement: Copy of the original lease agreement referenced in the termination
2. Schedule 2 - Original Sublease Agreement: Copy of the sublease agreement being terminated
3. Schedule 3 - Property Inventory: Detailed list of fixtures and fittings to be checked during property surrender
4. Schedule 4 - Outstanding Payments Schedule: Itemized list of any remaining payments or adjustments to be made between parties
Authors
Original Lease
Sublease
Original Lessor
Sublessor
Sublessee
Premises
Termination Date
Security Deposit
Rent
Property
Effective Date
Outstanding Payments
Utilities
Common Areas
Fixtures and Fittings
Permitted Use
Business Day
Singapore Dollars
Applicable Law
Party
Parties
Handover Date
Inventory List
Keys and Access Devices
Governing Law
Notices
Working Day
Interpretation
Termination
Surrender of Premises
Security Deposit
Outstanding Payments
Utilities and Services
Property Condition
Release and Discharge
Representations and Warranties
Property Inspection
Keys and Access
Assignment
Notices
Confidentiality
Governing Law
Dispute Resolution
Entire Agreement
Severability
Costs and Expenses
Force Majeure
Waiver
Third Party Rights
Counterparts
Time of Essence
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