Post Occupancy Agreement Template for Singapore

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Key Requirements PROMPT example:

Post Occupancy Agreement

"I need a Post Occupancy Agreement for a condo in Singapore where the seller needs to stay in the property for 3 months after completion in March 2025, with a monthly occupancy fee of SGD 3,000 and provisions for early termination."

Document background

The Post Occupancy Agreement is essential in Singapore real estate transactions where sellers require additional time to vacate the property after sale completion. This document provides legal protection for both buyers and sellers during this transition period, addressing crucial aspects such as occupancy duration, fees, maintenance responsibilities, and liability allocation. It must comply with Singapore's property laws, including the Residential Property Act and Civil Law Act, and is particularly relevant when sellers need time to arrange alternative accommodation or complete their new property purchase.

Suggested Sections

1. Parties: Identifies and defines all parties to the agreement including the current owner/seller and occupant

2. Background: Explains context of the post-occupancy arrangement, including reference to the main sale transaction

3. Definitions: Defines key terms used throughout the agreement including Property, Occupancy Period, Occupancy Fee, etc.

4. Term of Occupancy: Specifies the duration of the post-occupancy period and any conditions for extension or early termination

5. Payment Terms: Details occupancy fees, deposits, utilities payments and other financial obligations

6. Property Condition: Outlines requirements for maintaining property condition and responsibilities for repairs

7. Utilities and Services: Specifies responsibility for utilities, maintenance services and other ongoing costs

8. Insurance Requirements: Details required insurance coverage during the occupancy period

9. Access Rights: Defines rights of new owner to access property during occupancy period

10. Handover Provisions: Specifies conditions and process for final property handover

Optional Sections

1. Property Modifications: Required if occupant needs to make temporary modifications during occupancy period

2. Early Termination Rights: Additional provisions for early termination scenarios beyond standard terms

3. Pet Provisions: Special conditions relating to keeping pets during occupancy period

4. Force Majeure: Provisions dealing with unforeseen circumstances affecting the occupancy

5. Special Conditions: Any unique requirements specific to the property or circumstances

Suggested Schedules

1. Property Inventory: Detailed list of fixtures, fittings, and contents included during occupancy

2. Condition Report: Documented state of property at commencement of post-occupancy period

3. Payment Schedule: Breakdown of occupancy fees, deposits, and payment dates

4. House Rules: Specific rules and regulations governing use of property during occupancy

5. Handover Protocol: Detailed procedures and checklist for final property handover

6. Utility Transfer Form: Forms and procedures for managing utility accounts during occupancy

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Property Development
Legal Services
Property Management

Relevant Teams

Legal
Real Estate
Operations
Compliance
Property Management

Relevant Roles

Property Manager
Real Estate Agent
Legal Counsel
Contract Manager
Transaction Manager

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Let's create your Post Occupancy Agreement

Authors

Alex Denne

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