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Company Let Tenancy Agreement
"Need a Company Let Tenancy Agreement for our tech startup leasing a 5,000 sq ft office space in Singapore's Central Business District, with specific provisions for 24/7 access and data center installation, starting March 2025."
1. Parties: Details of the landlord (company) and tenant (company), including registration numbers and registered addresses
2. Background: Context of the agreement and brief description of the property
3. Definitions: Key terms used throughout the agreement including interpretation clauses
4. Demise: Formal grant of the lease and term duration
5. Rent and Payment Terms: Rental amount, payment schedule, and method of payment
6. Security Deposit: Amount, terms of holding and return conditions
7. Tenant's Covenants: Primary obligations of the tenant including maintenance, permitted use, etc.
8. Landlord's Covenants: Primary obligations of the landlord
9. Insurance: Required insurance coverage and obligations
10. Termination: Conditions for early termination and process
1. Option to Renew: Terms for lease renewal - include when parties agree to potential extension of lease
2. Break Clause: Conditions for early termination - include when either party wants flexibility to end lease early
3. Fit-out Works: Terms regarding renovation and modification - include when premises require modification for tenant's use
4. Service Charge: Additional charges for building services - include for multi-tenant buildings with shared services
1. Schedule 1 - Property Description: Detailed description of premises including floor plans
2. Schedule 2 - Inventory: List of fixtures, fittings, and equipment included
3. Schedule 3 - Building Rules and Regulations: Specific rules governing use of premises and common areas
4. Schedule 4 - Permitted Use: Detailed description of authorized business activities
5. Schedule 5 - Condition Report: Documentation of property condition at lease start
6. Appendix A - Floor Plans: Detailed technical drawings of the premises
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