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Condo Lease Agreement Template for Singapore

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Key Requirements PROMPT example:

Condo Lease Agreement

"I need a Condo Lease Agreement for a furnished 3-bedroom unit in Singapore, with a diplomatic clause for my expatriate tenant and specific provisions for pet ownership, starting from March 2025 for a two-year term."

Document background
The Condo Lease Agreement is essential for residential property leasing in Singapore's robust real estate market. This document is used when a property owner wishes to lease their condominium unit to a tenant, whether local or foreign. It encompasses crucial elements such as rental terms, security deposits, maintenance obligations, and compliance with MCST regulations. The agreement must adhere to Singapore's property laws and regulations, including the Building Maintenance and Strata Management Act. It serves as a comprehensive legal framework protecting both landlord and tenant interests while ensuring compliance with condominium management rules.
Suggested Sections

1. Parties: Identification and details of landlord and tenant

2. Background: Context of the lease agreement and property details

3. Definitions: Key terms used tHRoughout the agreement

4. Property Description: Detailed description of the leased premises including address, unit number, and included areas

5. Term and Rent: Lease duration, rental amount, payment schedule and method

6. Security Deposit: Amount, payment terms and conditions for return of security deposit

7. Utilities and Maintenance: Responsibilities for utilities payment and property maintenance

8. Use of Property: Permitted use of property and restrictions

9. Obligations of the Landlord: Landlord's responsibilities and commitments

10. Obligations of the Tenant: Tenant's responsibilities and commitments

11. Insurance: Required insurance coverage and responsibilities

12. Default and Remedies: Consequences of breach and available remedies

13. Termination: Conditions and procedures for ending the lease

14. Notices: Method and addresses for formal communications

15. Governing Law: Applicable law and jurisdiction

Optional Sections

1. Option to Renew: Terms for lease renewal and extension procedures

2. Diplomatic Clause: Early termination rights for expatriates in case of job loss or relocation

3. Pet Clause: Terms and conditions regarding keeping pets in the property

4. En Bloc Sale Clause: Provisions in case of collective sale of the development

5. Subletting and Assignment: Terms regarding subletting or assigning the lease to third parties

6. Renovation and Alterations: Conditions for making changes to the property

Suggested Schedules

1. Schedule 1 - Inventory List: Detailed list of furniture, appliances and fittings included in the lease

2. Schedule 2 - House Rules: Condominium management rules and regulations

3. Schedule 3 - Property Condition Report: Detailed documentation of property condition at handover

4. Schedule 4 - Maintenance Schedule: Schedule of regular maintenance responsibilities

5. Schedule 5 - Floor Plan: Layout plan of the property

6. Schedule 6 - Special Conditions: Any additional terms or conditions agreed between parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions































Clauses






























Industries

Planning Act (Chapter 232): Primary legislation governing land use and property development in Singapore, affecting the legal usage of the condominium property

Building Maintenance and Strata Management Act (BMSMA): Regulates the management of strata-titled properties, including condominiums, and defines rights and responsibilities of owners and tenants

Residential Property Act: Controls residential property ownership and tenancy, particularly relevant for foreign tenants and landlords

Housing Developers Act: Regulates housing developers and protects homebuyers' interests, affecting the overall property framework

Building Control Act: Governs building construction and safety standards that must be maintained in residential properties

Civil Law Act (Chapter 43): Provides the basic framework for contract law in Singapore, including lease agreements

Conveyancing and Law of Property Act: Governs the transfer and leasing of property rights in Singapore

Land Titles Act: Regulates the registration and transfer of land titles, including strata titles for condominiums

COVID-19 (Temporary Measures) Act 2020: Temporary legislation affecting rental agreements during the pandemic period

URA Guidelines: Urban Redevelopment Authority guidelines affecting property usage and rental regulations

BCA Regulations: Building and Construction Authority regulations governing building maintenance and safety standards

Estate Agents Act: Regulates property agents and real estate transactions

MCST By-laws: Management Corporation Strata Title by-laws specific to the condominium development

Stamp Duties Act: Governs the stamping requirements and duties payable for tenancy agreements

Personal Data Protection Act: Regulates the collection, use, and disclosure of personal data in rental agreements

Immigration Act: Affects foreign tenants' eligibility to rent properties in Singapore

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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