The Lease Agreement Expired Notice is a crucial document in Singapore's property management system, used when a lease term is coming to its natural end. This notice should be issued in accordance with Singapore's property laws and typically precedes the actual expiration date by the period specified in the original lease agreement. It serves multiple purposes: formally documenting the end of the tenancy, outlining the procedures for property vacation, detailing the requirements for property condition upon return, and explaining the process for security deposit return. The document helps ensure a smooth transition and protects both parties' interests under Singapore law.
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Key Requirements PROMPT example:
Lease Agreement Expired Notice
"I need to draft a Lease Agreement Expired Notice for my commercial tenant in Singapore who is renting a retail space, with the lease expiring on March 15, 2025, and I want to include specific requirements about removing their shop fittings and signage."
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1. Date and Reference: Current date and reference to original lease agreement details
2. Addressee Details: Tenant's full name and address of the leased property
3. Notice of Expiry: Formal statement confirming the lease expiration date and requirement to vacate
4. Vacation Requirements: Specific requirements for vacating the property, including date and time
5. Property Condition: Requirements for the condition in which the property must be returned
6. Closing and Signature: Formal closing, landlord's signature and contact information
1. Security Deposit Return: Details regarding the return of security deposit and any deductions
2. Outstanding Payments: Information about any pending payments or utility bills to be settled
3. Property Inspection Arrangements: Proposed date and time for final property inspection
4. Key Return Instructions: Specific instructions for returning keys and access devices
1. Property Inspection Checklist: Detailed checklist for final property condition assessment
2. Statement of Account: Summary of any outstanding payments or credits
3. Handover Form: Form for documenting the return of keys and property
4. Original Lease Agreement Reference: Copy or reference details of the original lease agreement
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