A Renewal Of Tenancy Agreement is used when both landlord and tenant wish to continue their rental relationship beyond the original lease term. This document, governed by Singapore law, preserves the essential elements of the original agreement while allowing for necessary updates to terms such as rental amount, duration, and conditions. It ensures compliance with Singapore's property regulations, including specific requirements for HDB properties where applicable. The renewal agreement simplifies the process compared to creating a new lease while maintaining legal protection for all parties.
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1. Parties: Details of landlord and tenant, including identification and contact information
2. Background: Reference to original tenancy agreement and intention to renew
3. Definitions: Key terms used in the agreement
4. Term of Renewal: Duration of the renewed tenancy period
5. Rent and Payment Terms: Rental amount, payment schedule, and method
6. Security Deposit: Terms regarding the security deposit, including amount and conditions for return
7. Utilities and Outgoings: Responsibility for payment of utilities, maintenance fees, and other charges
8. Maintenance and Repairs: Obligations for property maintenance and repair responsibilities
9. Use of Premises: Permitted use of the property and occupancy restrictions
10. Insurance: Requirements for insurance coverage
11. Termination: Conditions and procedures for termination of the agreement
12. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Diplomatic Clause: Early termination rights for expatriate tenants in case of job termination or relocation
2. Break Clause: Conditions under which either party may terminate the agreement before the end of the term
3. Option to Renew: Terms and conditions for further renewal of the tenancy
4. Subletting and Assignment: Provisions regarding subletting or assignment rights
5. Renovation and Alterations: Terms regarding permitted modifications to the property
1. Schedule 1: Inventory List: Updated list of furniture, fittings, and appliances provided with the property
2. Schedule 2: Property Condition Report: Detailed report on the current condition of the property at renewal
3. Schedule 3: House Rules: Updated rules and regulations for the use of the property and common areas
4. Appendix A: Original Tenancy Agreement: Copy of the original tenancy agreement being renewed
5. Appendix B: Photographs: Current photographs of the property condition at renewal
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