An Assignment Of Lease By Tenant is a crucial document in Singapore's property landscape when a tenant needs to transfer their lease to another party before the lease term expires. This typically occurs when a business is being sold, a tenant needs to relocate, or other circumstances require early termination of the lease. The document ensures compliance with Singapore property law, captures the landlord's consent, and clearly defines the transfer of rights, obligations, and liabilities between the parties. It includes specific provisions for security deposits, outstanding payments, and registration requirements under Singapore law.
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1. Parties: Identification of Assignor (current tenant), Assignee (new tenant), and Landlord
2. Background: Details of original lease and circumstances of assignment
3. Definitions: Key terms used throughout the document
4. Assignment: Core provisions transferring the lease from Assignor to Assignee
5. Consideration: Financial terms of the assignment
6. Landlord's Consent: Confirmation of landlord's approval of the assignment
7. Effective Date: When the assignment takes effect
8. Execution: Signing provisions and attestation
1. Security Deposit Transfer: Terms for transferring existing security deposit between Assignor and Assignee
2. Outstanding Obligations: Handling of any existing tenant obligations or liabilities
3. Conditions Precedent: Conditions that must be met before assignment becomes effective
4. Representations and Warranties: Additional assurances from parties regarding their capacity and authority
1. Schedule 1 - Original Lease: Copy of the original lease being assigned
2. Schedule 2 - Property Details: Detailed description of the leased property including address and specifications
3. Schedule 3 - Landlord's Consent Letter: Written consent from landlord approving the assignment
4. Schedule 4 - Inventory List: List of any fixtures, fittings, or furnishings included in the assignment
Relevant legal definitions
Agreement
Assignor
Assignee
Landlord
Property
Original Lease
Assignment Date
Completion Date
Effective Date
Security Deposit
Lease Term
Outstanding Obligations
Permitted Use
Rent
Service Charges
Assignment Consideration
Landlord's Consent
Completion
Parties
Working Day
Relevant Authority
Encumbrances
Fixtures and Fittings
Lease Covenants
Assignment Rights
Registration Requirements
Stamp Duty
Existing Tenancy Rights
Premises
Relevant Documents
Assignor
Assignee
Landlord
Property
Original Lease
Assignment Date
Completion Date
Effective Date
Security Deposit
Lease Term
Outstanding Obligations
Permitted Use
Rent
Service Charges
Assignment Consideration
Landlord's Consent
Completion
Parties
Working Day
Relevant Authority
Encumbrances
Fixtures and Fittings
Lease Covenants
Assignment Rights
Registration Requirements
Stamp Duty
Existing Tenancy Rights
Premises
Relevant Documents
Clauses
Assignment
Consideration
Landlord's Consent
Transfer of Rights and Obligations
Security Deposit
Outstanding Liabilities
Representations and Warranties
Conditions Precedent
Registration and Stamp Duty
Completion
Handover
Costs and Expenses
Further Assurance
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Assignment of Rights
Third Party Rights
Indemnification
Execution
Attestation
Amendments
Waiver
Successors and Assigns
Time of Essence
Counterparts
Consideration
Landlord's Consent
Transfer of Rights and Obligations
Security Deposit
Outstanding Liabilities
Representations and Warranties
Conditions Precedent
Registration and Stamp Duty
Completion
Handover
Costs and Expenses
Further Assurance
Notices
Entire Agreement
Severability
Governing Law
Dispute Resolution
Assignment of Rights
Third Party Rights
Indemnification
Execution
Attestation
Amendments
Waiver
Successors and Assigns
Time of Essence
Counterparts
Relevant Industries
Relevant Teams
Relevant Roles
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