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Sub Lease Agreement
"I need a Sub Lease Agreement for subletting my commercial office space in Singapore CBD to a tech startup, with a two-year term starting March 2025 and including provisions for early termination after the first year."
1. Parties: Identifies the head tenant (sub-lessor) and sub-tenant (sub-lessee)
2. Background: Details of the head lease and authority to sub-lease
3. Definitions: Key terms used throughout the agreement
4. Demise: Description of premises and term of sub-lease
5. Rent and Payment Terms: Rental amount, payment schedule, and method
6. Tenant Covenants: Sub-tenant's obligations and responsibilities
7. Landlord Covenants: Sub-lessor's obligations and responsibilities
8. Termination Provisions: Circumstances and process for ending the sub-lease
1. Security Deposit: Terms of security deposit, when required by the sub-lessor
2. Option to Renew: Terms for lease renewal if renewal option is being offered
3. Break Clause: Early termination provisions when early termination is permitted
4. Fit-out Works: Provisions for tenant improvements, typically for commercial properties requiring modifications
1. Schedule 1 - Property Details: Detailed description of the premises including floor plan
2. Schedule 2 - Inventory: List of furniture and fittings included in the lease
3. Schedule 3 - House Rules: Building or development specific regulations
4. Appendix A - Head Lease: Copy of the original lease agreement
5. Appendix B - Condition Report: Documentation of property condition at commencement
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