The Early Occupancy Agreement Lease Addendum is a crucial document in Singapore's property leasing landscape, typically used when tenants need to access premises before the main lease term begins. This might be necessary for renovation works, equipment installation, or early stock movement. The document addresses the gap between physical occupation and lease commencement, clearly defining rights, responsibilities, and liabilities during this interim period. It must comply with Singapore's property laws and regulations, including the Planning Act and Civil Law Act, while protecting both parties' interests through specific terms regarding insurance, payments, and property use.
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1. 1. Parties: Details of landlord and tenant, including full legal names and addresses
2. 2. Background: Reference to main lease agreement and circumstances necessitating early occupancy
3. 3. Definitions: Key terms used in the agreement including 'Early Occupancy Period', 'Premises'
4. 4. Early Occupancy Terms: Specific dates, conditions, and terms of early occupancy
5. 5. Payment Terms: Early occupancy fees, pro-rata rent, utilities, and other charges
6. 6. Obligations During Early Occupancy: Responsibilities of both parties during the early occupancy period
7. 7. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for dispute resolution
1. Insurance Requirements: Additional insurance coverage required during early occupancy period - include when standard lease insurance doesn't cover early occupancy period
2. Renovation/Fitting Out Works: Terms regarding any renovation or fitting out during early occupancy - include when tenant needs to conduct works before formal lease start
3. Early Termination: Conditions for early termination of the early occupancy arrangement - include when parties want flexibility to end early occupancy
1. Schedule 1: Inventory List: Detailed list of furniture/fixtures present during early occupancy
2. Schedule 2: Condition Report: Documentation of property condition at start of early occupancy
3. Schedule 3: Payment Schedule: Breakdown of all payments due during early occupancy period
4. Appendix A: Property Plans: Floor plans and relevant property drawings
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