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Lot Lease Agreement
"Need a Lot Lease Agreement for a 2,000 square meter industrial property in Singapore's Jurong area, with a 5-year term starting March 1, 2025, including specific provisions for heavy machinery installation and 24/7 operational access."
1. Parties: Identification of lessor and lessee with full legal details
2. Background: Context of the lease arrangement and property details
3. Definitions: Key terms used tHRoughout the agreement
4. Property Description: Detailed description of the lot including bouNDAries and measurements
5. Lease Term: Duration of lease and commencement date
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Use of Property: Permitted uses and restrictions
8. Maintenance and Repairs: Responsibilities for property upkeep
9. Termination: Conditions for ending the lease
1. Option to Renew: Terms for lease renewal when parties want to include possibility of extension
2. Subletting Provisions: Terms regarding subletting rights when subletting might be permitted
3. Alterations and Improvements: Rules for modifying the property, typically included for commercial or long-term leases
4. Force Majeure: Provisions for unforeseen circumstances when specific risks need to be addressed
1. Schedule 1: Property Plans: Detailed plans and drawings of the lot
2. Schedule 2: Inventory: List of fixtures and fittings included in lease
3. Schedule 3: Service Charges: Breakdown of additional charges and maintenance fees
4. Appendix A: Property Title Documents: Copies of relevant title documents
5. Appendix B: Building Rules: Building or estate regulations if applicable
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