The Commercial Lease Notice of Default is a crucial document in Singapore's commercial property landscape, typically issued when a tenant has failed to meet their obligations under a lease agreement. This formal notice must comply with Singapore's property laws and regulations, including the Conveyancing and Law of Property Act. The document is used to formally document the breach, provide the tenant with an opportunity to remedy the default, and establish a legal basis for potential future action. It should clearly state the specific default, reference relevant lease provisions, specify the cure period, and outline consequences of non-compliance. The notice serves as both a legal requirement and a practical tool in commercial property management.
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Key Requirements PROMPT example:
Commercial Lease Notice Of Default
"I need a Commercial Lease Notice of Default for our retail tenant who has failed to pay rent for three consecutive months and has breached building maintenance obligations; the notice should reference our lease agreement dated January 15, 2025, and specify a 14-day cure period."
1. Recipient Details: Full name and address of the tenant/lessee including registered office if a company
2. Lease Reference: Details of the original lease agreement including date, parties, and property address
3. Nature of Default: Clear and specific description of the breach or default being cited with reference to relevant lease clauses
4. Demand for Remedy: Clear statement of what actions are required to remedy the default
5. Cure Period: Specific timeframe given to remedy the default, with clear deadline date
6. Consequences: Statement of actions that will be taken if default is not remedied within the specified period
1. Payment History: Detailed breakdown of outstanding payments and payment history when default relates to unpaid rent or charges
2. Previous Notices: Reference to any previous notices, warnings or relevant correspondence regarding the default
3. Legal Authority: Citation of relevant legislation and lease provisions that support the notice of default
4. Without Prejudice: Statement reserving landlord's rights and remedies under the lease and at law
1. Schedule A - Payment Records: Detailed schedule of missed payments or payment history with dates and amounts
2. Schedule B - Photographic Evidence: Photos or documentation evidencing physical breach or property condition if applicable
3. Schedule C - Correspondence Log: Chronological record of all relevant previous communications regarding the default
4. Schedule D - Lease Extract: Copy of relevant sections of the lease agreement being relied upon
Authors
Relevant legal definitions
Lease Agreement
Premises
Default
Cure Period
Tenant
Landlord
Commencement Date
Effective Date
Notice Period
Rental Payments
Security Deposit
Business Day
Property Manager
Building
Common Areas
Event of Default
Permitted Use
Lease Term
Remedial Action
Outstanding Amount
Interest Rate
Operating Expenses
Service Charges
Default Notice
Applicable Law
Working Hours
Premises
Default
Cure Period
Tenant
Landlord
Commencement Date
Effective Date
Notice Period
Rental Payments
Security Deposit
Business Day
Property Manager
Building
Common Areas
Event of Default
Permitted Use
Lease Term
Remedial Action
Outstanding Amount
Interest Rate
Operating Expenses
Service Charges
Default Notice
Applicable Law
Working Hours
Clauses
Identification of Parties
Lease Reference
Default Description
Payment Terms
Notice Period
Cure Provisions
Remedial Actions
Consequences of Default
Rights Reserved
Legal Authority
Time Limits
Service of Notice
Governing Law
Property Details
Breach Specifics
Compliance Requirements
Remedy Process
Default Interest
Security Deposit
Termination Rights
Legal Costs
Further Action
Lease Reference
Default Description
Payment Terms
Notice Period
Cure Provisions
Remedial Actions
Consequences of Default
Rights Reserved
Legal Authority
Time Limits
Service of Notice
Governing Law
Property Details
Breach Specifics
Compliance Requirements
Remedy Process
Default Interest
Security Deposit
Termination Rights
Legal Costs
Further Action
Relevant Industries
Relevant Teams
Relevant Roles
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