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Commercial Property Tenancy Agreement
"I need a Commercial Property Tenancy Agreement for a retail space in Singapore's Orchard Road district, starting from March 1, 2025, with specific provisions for F&B operations and outdoor seating arrangements."
1. Parties: Identification and details of the landlord and tenant
2. Background: Context of the agreement and property details
3. Definitions: Key terms used throughout the agreement
4. Demise: Description of the premises being leased
5. Term: Duration of the lease
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Security Deposit: Amount and terms of the security deposit
8. Use of Premises: Permitted use and restrictions
9. Maintenance and Repairs: Responsibilities for property upkeep
10. Insurance: Required insurance coverage
11. Termination: Conditions for ending the lease
1. Option to Renew: Terms for lease renewal - used when parties agree to potential lease extension
2. Break Clause: Early termination provisions - used when early termination might be needed
3. Fit-out Works: Terms for tenant improvements - used when premises require modification
4. Service Charge: Additional charges for building services - used in multi-tenant buildings
5. Subletting/Assignment: Rights to transfer the lease - used if subletting might be permitted
1. Floor Plan: Detailed plan of the leased premises
2. Inventory: List of fixtures and fittings
3. Building Rules: Regulations for use of the building
4. Fit-out Guidelines: Specifications for permitted alterations
5. Service Charge Schedule: Breakdown of additional charges
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