The Notice of Non-Renewal of Lease is a crucial document in Singapore's property rental market that provides formal notification of a party's intention to terminate the lease relationship at the end of the current term. This notice must be provided within the timeframe specified in the original lease agreement and comply with Singapore's property laws. It typically includes essential information such as property details, lease reference numbers, termination date, and handover requirements. The document protects both parties by providing clear documentation of the intention not to renew and allowing sufficient time for both parties to make necessary arrangements.
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Key Requirements PROMPT example:
Notice Of Non Renewal Of Lease
"I need to draft a Notice of Non Renewal of Lease for my commercial property at 123 Orchard Road, which needs to be delivered to my tenant by March 1, 2025, as I plan to sell the property after the current lease expires."
1. Property Details: Full address and identification of the leased premises
2. Lease Reference: Details of the existing lease agreement including date of commencement
3. Notice Statement: Clear statement of intention not to renew the lease
4. Termination Date: Specific date when the lease will end
5. Handover Requirements: Instructions for property inspection and key return
1. Deposit Return: Information about security deposit return process and relevant conditions
2. Outstanding Payments: Reference to any pending payments, utility bills, or financial obligations
3. Forwarding Address: New contact details and address for future correspondence
1. Original Lease Agreement: Copy of the existing lease agreement attached for reference
2. Property Condition Report: Documentation of current property condition for deposit return purposes
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