Document background
The Commercial Lease Agreement is designed for situations in Singapore where commercial property owners wish to grant occupation rights without charging rent. This arrangement might be used during property development phases, for charitable purposes, or as part of larger commercial arrangements. The document complies with Singapore's property laws and commercial regulations, including the Civil Law Act and Land Titles Act. It covers all essential elements of a commercial lease while specifically excluding rental obligations. The agreement typically includes detailed provisions about property usage, maintenance, insurance, and compliance requirements, ensuring both parties understand their rights and obligations despite the absence of monetary consideration.
