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Termination Of Land Lease Agreement Template for Singapore

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Key Requirements PROMPT example:

Termination Of Land Lease Agreement

"I need a Termination Of Land Lease Agreement for an industrial warehouse in Singapore, with an early termination date of March 1, 2025, including specific provisions for the removal of manufacturing equipment and settlement of utility deposits."

Document background
The Termination Of Land Lease Agreement is essential when parties wish to formally end their lease arrangement in Singapore, whether by mutual consent or under specific circumstances provided in the original lease. This document ensures compliance with Singapore's property laws and regulations, including the Land Titles Act and Conveyancing and Law of Property Act. It covers crucial elements such as termination date, settlement of accounts, property handover procedures, and mutual releases, providing legal certainty and protection for all parties involved.
Suggested Sections

1. Parties: Details of lessor and lessee

2. Background: Information about original lease and reasons for termination

3. Definitions: Key terms used in the agreement

4. Termination Date: Specific date when lease terminates

5. Mutual Release: Release of parties from obligations under original lease

6. Property Handover: Conditions for returning the property

7. Settlement of Accounts: Financial settlements between parties

8. Execution: Signing provisions

Optional Sections

1. Compensation: Terms of any compensation payable when early termination requires compensation

2. Surviving Obligations: Obligations that continue after termination, used when certain obligations need to survive termination

3. Confidentiality: Confidentiality obligations when parties wish to keep terms confidential

4. Dispute Resolution: Process for resolving disputes when specific dispute resolution mechanisms are required

Suggested Schedules

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

2. Property Details: Legal description of the property

3. Inventory List: List of fixtures and fittings to be returned/removed

4. Settlement Statement: Detailed breakdown of financial settlements

5. Handover Checklist: Checklist for property inspection and 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

Land Titles Act (Chapter 157): Primary legislation governing land title registration in Singapore, including provisions for lease registration and termination. Essential for ensuring proper documentation and registration of lease termination.

Civil Law Act (Chapter 43): Provides the fundamental contract law framework in Singapore, including requirements for valid termination and available remedies for contracting parties.

Conveyancing and Law of Property Act (Chapter 61): Regulates property transactions in Singapore, including specific provisions about lease termination and notice requirements.

Planning Act (Chapter 232): Governs zoning and land use considerations, including any relevant planning permissions that might affect the lease termination.

Land Acquisition Act (Chapter 152): Relevant in cases where lease termination involves government acquisition of land.

Registration Requirements - SLA: Specific registration requirements and procedures maNDAted by the Singapore Land Authority for lease termination.

Stamp Duties Act (Chapter 312): Governs any applicable stamp duties that may be payable on termination documents.

Common Law Principles: Relevant common law principles regarding landlord-tenant relationships, contract termination, and property law that supplement statutory provisions.

URA Planning Guidelines: Planning guidelines issued by Urban Redevelopment Authority that may affect the termination of land lease agreements.

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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