Document background
The Exclusive Lease Agreement is a crucial document in Singapore's property market, used when a property owner wants to grant sole occupancy rights to a tenant. This contract type provides comprehensive protection for both landlord and tenant interests, outlining specific terms for property use, maintenance obligations, and payment terms. Under Singapore law, these agreements must comply with various regulations, including the Planning Act and Building Control Act, particularly important for both residential and commercial properties. The document is especially relevant in Singapore's dynamic real estate market, where clear documentation of leasing terms is essential for legal compliance and dispute prevention.
