The Lease & License Agreement is a fundamental document in Singapore property law, used to formalize the relationship between property owners and occupants. It serves as both a lease granting possession rights and a license defining permitted usage. This document is essential for protecting both parties' interests, ensuring compliance with Singapore property regulations, and clearly defining responsibilities, payment terms, and usage restrictions. It must conform to Singapore's Civil Law Act, Conveyancing and Law of Property Act, and other relevant legislation.
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1. Parties: Identification and details of the lessor and lessee
2. Background: Context and purpose of the lease agreement
3. Definitions: Key terms used throughout the agreement
4. Demise: Details of the property being leased
5. Term and Rent: Duration of lease and payment terms
6. Tenant's Covenants: Obligations of the tenant
7. Landlord's Covenants: Obligations of the landlord
8. Insurance: Insurance requirements and obligations
9. Termination: Conditions for ending the lease
1. Option to Renew: Terms for lease renewal - include when parties want the possibility of lease extension
2. Break Clause: Early termination provisions - include when early termination flexibility is desired
3. Service Charge: Additional charges for building services - include for commercial properties with shared facilities
4. Alterations and Improvements: Rights to modify the property - include when tenant may need to make changes to the property
1. Schedule 1: Property Description: Detailed description of the leased premises
2. Schedule 2: Inventory: List of fixtures, fittings, and furniture included
3. Schedule 3: Building Rules: Specific rules and regulations for the property
4. Schedule 4: Service Charges: Breakdown of service charges and calculations
5. Schedule 5: Plans: Floor plans and location maps
Relevant legal definitions
Agreement
Building
Business Day
Commencement Date
Common Areas
Deposit
Expiry Date
Fitting Out Works
Force Majeure
Interest Rate
Land
Landlord
Lease Term
Licensed Area
Permitted Use
Premises
Property
Rent
Security Deposit
Service Charge
Services
Tenant
Term
Utilities
Working Hours
Building Rules
Building Systems
Gross Floor Area
Net Lettable Area
Operating Expenses
Option to Renew
Planning Permission
Rental Period
Stamp Duty
Structural Elements
Tenant's Improvements
Trade Fixtures
Vacation Date
Yield Up
Building
Business Day
Commencement Date
Common Areas
Deposit
Expiry Date
Fitting Out Works
Force Majeure
Interest Rate
Land
Landlord
Lease Term
Licensed Area
Permitted Use
Premises
Property
Rent
Security Deposit
Service Charge
Services
Tenant
Term
Utilities
Working Hours
Building Rules
Building Systems
Gross Floor Area
Net Lettable Area
Operating Expenses
Option to Renew
Planning Permission
Rental Period
Stamp Duty
Structural Elements
Tenant's Improvements
Trade Fixtures
Vacation Date
Yield Up
Clauses
Demise
Term and Possession
Rent and Payment
Security Deposit
Permitted Use
Utilities and Services
Maintenance and Repair
Alterations and Improvements
Insurance
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Common Areas
Service Charge
Default and Remedies
Termination
Force Majeure
Quiet Enjoyment
Access Rights
Health and Safety
Environmental Compliance
Indemnification
Property Tax
Signs and Advertising
Building Rules
Option to Renew
Break Clause
Yield Up
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Confidentiality
Registration
Stamp Duty
Term and Possession
Rent and Payment
Security Deposit
Permitted Use
Utilities and Services
Maintenance and Repair
Alterations and Improvements
Insurance
Assignment and Subletting
Landlord's Covenants
Tenant's Covenants
Common Areas
Service Charge
Default and Remedies
Termination
Force Majeure
Quiet Enjoyment
Access Rights
Health and Safety
Environmental Compliance
Indemnification
Property Tax
Signs and Advertising
Building Rules
Option to Renew
Break Clause
Yield Up
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Confidentiality
Registration
Stamp Duty
Relevant Industries
Relevant Teams
Relevant Roles
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