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Joint Lease Agreement
"Need a Joint Lease Agreement for a 3-bedroom condo in Singapore's East Coast area, to be shared by four working professionals starting March 1, 2025, with specific provisions for utility cost sharing and a pet clause."
1. Parties: Identification and details of all landlords and tenants involved in the joint lease
2. Background: Context of the lease arrangement and property details
3. Definitions: Key terms used tHRoughout the agreement including interpretation provisions
4. Term of Lease: Duration of lease, commencement and end dates
5. Rent and Payment Terms: Rental amount, payment schedule, method and late payment provisions
6. Security Deposit: Amount, terms of holding and return conditions of the security deposit
7. Joint and Several Liability: Obligations and liabilities of multiple tenants under the lease
8. Use of Premises: Permitted use, restrictions and conditions for property usage
9. Maintenance and Repairs: Responsibilities of parties for property upkeep and repairs
10. Insurance: Insurance requirements for both landlord and tenants
11. Default and Remedies: Consequences of breach and available remedies
12. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Furnishings: Details of furnished items and their condition (include when property is let furnished)
2. Utilities: Responsibility for utility payments and accounts (include when utilities are not included in rent)
3. Pet Clause: Terms regarding keeping pets in the property (include when pets are allowed)
4. Break Clause: Early termination provisions and conditions (include when early termination is permitted)
5. Option to Renew: Terms for lease renewal (include when renewal option is offered)
6. Subletting: Conditions and restrictions for subletting (include when subletting may be permitted)
1. Schedule 1 - Property Inventory: Detailed list of furnishings, fixtures and their condition
2. Schedule 2 - House Rules: Specific rules for property use, maintenance and common areas
3. Schedule 3 - Property Photos: Photographic evidence of property condition at commencement
4. Schedule 4 - Utilities Reading: Initial meter readings for utilities at handover
5. Appendix A - Floor Plan: Layout and floor plan of the property
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