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Commercial Lease Termination Letter Template for Singapore

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Key Requirements PROMPT example:

Commercial Lease Termination Letter

"I need a Commercial Lease Termination Letter for our Singapore retail store at Orchard Gateway, as we're downsizing operations and need to terminate our lease early, with the termination date set for March 1, 2025."

Document background
A Commercial Lease Termination Letter is a crucial document in Singapore's commercial property sector, used when a tenant wishes to formally end their lease agreement. This document must adhere to Singapore's legal framework and typically requires specific notice periods as outlined in the original lease agreement. The letter serves multiple purposes: it provides formal notification, establishes a clear termination date, addresses security deposit arrangements, and outlines any property reinstatement requirements. It's essential for maintaining clear communication and legal compliance in commercial property relationships.
Suggested Sections

1. Sender and Recipient Details: Full names, addresses, and contact information of both landlord and tenant

2. Property Details: Complete address and description of leased premises including unit number, building name, and postal code

3. Lease Reference: Reference to original lease agreement including date of execution and reference number

4. Termination Notice: Clear statement of intention to terminate and specific termination date

5. Notice Period Confirmation: Confirmation that the notice period complies with lease terms and applicable laws

Optional Sections

1. Termination Reason: Statement explaining the reason for termination, if required or beneficial to state

2. Security Deposit: Details regarding the return of security deposit and any deductions

3. Outstanding Payments: Statement of any pending rental payments or other financial obligations

4. Reinstatement Requirements: Specific requirements for restoring the property to its original condition

5. Handover Arrangements: Proposed date and process for property inspection and key handover

Suggested Schedules

1. Original Lease Agreement: Copy of the original lease agreement being terminated

2. Property Condition Report: Current condition assessment of the premises with photographs if applicable

3. Payment Statement: Statement of accounts showing any outstanding amounts or confirmation of payments up to date

4. Handover Checklist: Detailed list of items to be completed before property vacation and key handover

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions




















Clauses




















Industries

Civil Law Act: Primary legislation (Cap. 43) governing contractual relationships and civil obligations in Singapore

Conveyancing and Law of Property Act: Primary legislation (Cap. 61) governing property transactions and leases in Singapore

Land Titles Act: Primary legislation (Cap. 157) governing registered land and property interests in Singapore

Building Control Act: Regulatory framework (Cap. 29) governing building works and safety requirements

Planning Act: Regulatory framework (Cap. 232) governing land use and development control

COVID-19 (Temporary Measures) Act 2020: Temporary legislation providing relief measures for businesses affected by COVID-19, including lease-related provisions

Notice Period Requirements: Contractual and statutory requirements for minimum notice periods before lease termination

Service of Notice: Legal requirements for proper service and delivery of termination notice

Early Termination Conditions: Specific conditions and requirements for early termination as specified in the original lease agreement

Property Handover Protocol: Requirements and procedures for returning possession of the property to the landlord

Security Deposit Arrangements: Legal framework governing the return or forfeiture of security deposits

Rental Payment Obligations: Requirements for settlement of outstanding rental payments and other financial obligations

Reinstatement Obligations: Requirements for restoring the property to its original condition as specified in the lease

Contract Law Principles: Common law principles governing contract termination and enforcement

Landlord-Tenant Obligations: Common law principles governing the rights and duties of landlords and tenants

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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