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Commercial Tenancy Agreement
"I need a Commercial Tenancy Agreement for a retail space in Singapore's Orchard Road area, approximately 2,000 square feet, with a 3-year lease term starting from March 1, 2025, including an option to renew for two additional years and specific provisions for F&B operations."
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 including commencement and expiry dates
6. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
7. Security Deposit: Amount, terms and conditions of the security deposit
8. Permitted Use: Allowed uses of the premises
9. Maintenance and Repairs: Responsibilities for maintenance and repairs
10. Insurance: Required insurance coverage and responsibilities
11. Termination: Conditions and procedures for ending the lease
1. Option to Renew: Terms for lease renewal - include when parties agree to potential lease extension
2. Fit-out Works: Terms regarding renovation and modification of premises - include when tenant requires renovation or modification
3. Break Clause: Early termination provisions - include when early termination possibility is agreed
4. Service Charge: Additional charges for building services - include for premises in managed buildings
1. Floor Plan: Detailed plan of the leased premises
2. Inventory List: List of fixtures and fittings included in the lease
3. House Rules: Building regulations and guidelines
4. Fit-out Guidelines: Technical specifications for renovation works
5. Service Charge Schedule: Breakdown of service charges and calculations
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