The Deed of Sublease is a crucial document used in Singapore when a tenant wishes to lease out all or part of their leased premises to another party. This formal legal instrument ensures compliance with Singapore's property laws and regulations while protecting the interests of all parties involved. The deed typically includes detailed terms about the property, rental payments, maintenance obligations, and restrictions on use. It must be properly executed as a deed to be legally binding and may require registration with relevant authorities depending on the lease term.
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Key Requirements PROMPT example:
Deed Of Sublease
"I need a Deed of Sublease for subletting my commercial office space in Singapore CBD to a tech company, with a 2-year term starting March 1, 2025, including provisions for shared meeting rooms and an option to renew."
1. Parties: Details of head tenant (sublessor) and subtenant (sublessee)
2. Background: Details of head lease and authority to sublease
3. Definitions: Key terms used tHRoughout the deed
4. Demise: The actual grant of the sublease and its term
5. Rent and Payment Terms: Rental amount, payment schedule, and method
6. Tenant Covenants: Obligations of the subtenant
7. Landlord Covenants: Obligations of the sublessor
8. Termination Provisions: Circumstances and process for ending the sublease
1. Security Deposit: Terms of security deposit and conditions for its return
2. Option to Renew: Terms and conditions for renewal of the sublease
3. Break Clause: Provisions for early termination of the sublease
4. Service Charge: Terms relating to additional charges for services provided
1. Schedule 1 - Property Description: Detailed description of subleased premises including bouNDAries and specifications
2. Schedule 2 - Head Lease: Copy or summary of relevant head lease terms
3. Schedule 3 - Inventory: List of fixtures, fittings, and furnishings included in the sublease
4. Schedule 4 - Building Rules: Building rules and regulations applicable to the property
5. Appendix A - Floor Plans: Detailed plans showing the subleased area and common areas
6. Appendix B - Head Landlord's Consent: Written consent from head landlord authorizing the sublease
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