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Simple Lot Rental Agreement
"I need a Simple Lot Rental Agreement for a vacant industrial lot in Singapore, with a 24-month term starting March 2025, including specific provisions for heavy vehicle access and environmental compliance for chemical storage."
1. Parties: Identification and details of the landlord and tenant
2. Background: Context of the rental arrangement and property description
3. Definitions: Key terms used throughout the agreement
4. Rental Terms: Period of lease, rental amount, payment terms
5. Security Deposit: Amount, terms of holding and return
6. Permitted Use: Allowed activities and restrictions on lot usage
7. Maintenance and Repairs: Responsibilities for maintaining the lot
8. Termination: Conditions and process for ending the agreement
9. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Insurance: Optional section specifying insurance requirements and obligations
2. Environmental Compliance: Additional environmental obligations and restrictions for environmentally sensitive lots
3. Subletting: Terms and conditions for subletting the lot, if permitted
4. Force Majeure: Provisions for unforeseen circumstances or events beyond parties' control
1. Schedule 1 - Property Plan: Detailed plan showing lot boundaries and access points
2. Schedule 2 - Payment Schedule: Detailed breakdown of payment terms and dates
3. Schedule 3 - Condition Report: Documentation of lot condition at commencement of rental
4. Schedule 4 - Rules and Regulations: Specific rules and regulations applicable to the lot usage
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