Lease License for Singapore

Lease License Template for Singapore

A Lease License agreement under Singapore law is a legal document that grants permission to use a property without creating a formal landlord-tenant relationship. It combines elements of both a lease and a license, providing more flexibility than a traditional lease while maintaining certain controls for the property owner. The document is governed by Singapore's Civil Law Act and Property Law Act, incorporating specific local requirements for property use, maintenance, and obligations of both parties.

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What is a Lease License?

The Lease License is commonly used in Singapore when parties require a flexible arrangement for property use that falls short of a full tenancy. This document type is particularly useful for short-term arrangements, shared spaces, or situations where the property owner wants to maintain significant control over the property. The agreement outlines terms of use, duration, fees, maintenance responsibilities, and termination conditions, while complying with Singapore's property and contract laws. The Lease License provides a balance between the security of a lease and the flexibility of a license.

What sections should be included in a Lease License?

1. Parties: Identification and details of the licensor and licensee

2. Background: Context and purpose of the license agreement

3. Definitions: Key terms used throughout the agreement

4. Grant of License: Specific terms of the license being granted

5. Term and Termination: Duration of license and termination conditions

6. License Fee: Payment terms and conditions

7. Use of Licensed Area: Permitted use and restrictions

8. Maintenance and Repairs: Responsibilities for upkeep

9. Insurance and Liability: Insurance requirements and liability allocation

10. Governing Law: Applicable law and jurisdiction

What sections are optional to include in a Lease License?

1. Security Deposit: Terms for security deposit if required - include when security deposit is required from licensee

2. Utilities and Services: Provisions for utilities and additional services - include when utilities are not included in license fee

3. Assignment and Sublicensing: Rights to transfer or sublicense - include when transfer rights need to be addressed

4. Alterations and Improvements: Rights and restrictions regarding modifications - include when modifications to premises may be needed

What schedules should be included in a Lease License?

1. Schedule 1 - Property Description: Detailed description of licensed premises including floor plans

2. Schedule 2 - License Fee Schedule: Breakdown of fees and payment schedule

3. Schedule 3 - House Rules: Building regulations and conduct rules

4. Schedule 4 - Inventory List: List of furniture/equipment if furnished

5. Schedule 5 - Maintenance Schedule: Regular maintenance responsibilities and schedule

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

License Agreement

Sector

IP

Cost

Free to use
Clauses
Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships and obligations, including provisions about contract formalities in Singapore

Property Law Act (Cap. 242): Regulates property rights and interests in Singapore, with specific provisions relating to leases and licenses

Planning Act (Cap. 232): Controls land use and development in Singapore, relevant for determining permitted use of property

Building Control Act (Cap. 29): Contains regulations about building safety and maintenance, crucial for premises-related obligations

Registration of Deeds Act (Cap. 269): Outlines requirements for registration of certain property documents in Singapore

Stamp Duties Act (Cap. 312): Specifies requirements for stamp duty payment on lease documents

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data of parties involved in the agreement

COVID-19 (Temporary Measures) Act 2020: Temporary legislation that may affect certain lease/license obligations in Singapore

Property Tax Act (Cap. 254): Relevant for commercial properties, governing property taxation matters

Fire Safety Act (Cap. 109A): Specifies fire safety requirements, particularly important for commercial properties

Housing Development Control and Licensing Act: Applies to residential properties, regulating housing development and licensing

Residential Property Act: Governs the purchase and ownership of residential properties in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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