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Partial Assignment Of Lease
"I need a Partial Assignment of Lease for transferring 60% of my commercial office space in Singapore's Central Business District to a tech startup, with the assignment to take effect from March 1, 2025, and including specific provisions for shared meeting rooms and common facilities."
1. Parties: Details of assignor, assignee, and original landlord
2. Background: Details of original lease and reason for partial assignment
3. Definitions: Key terms used throughout the document
4. Subject Matter of Assignment: Specific portion of lease being assigned
5. Consideration: Payment or other consideration for the assignment
6. Effective Date: When the assignment takes effect
7. Covenants and Warranties: Promises and guarantees by assignor regarding the lease
8. Execution Clause: Formal signing section
1. Conditions Precedent: Conditions that must be met before assignment becomes effective
2. Security Deposit Arrangements: Handling of existing security deposits
3. Service Charge Provisions: Allocation of service charges between assignor and assignee
1. Original Lease: Copy of the original lease agreement
2. Property Plans: Plans showing the portion of property being assigned
3. Landlord's Consent: Written consent from landlord for the assignment
4. Condition Report: Current condition of the assigned portion
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