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Ground Lease Agreement Template for Singapore

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Key Requirements PROMPT example:

Ground Lease Agreement

"I need a Ground Lease Agreement for a 30-year lease of a 2-hectare industrial plot in Singapore, where the tenant will construct and operate a manufacturing facility, with development to commence by March 2025."

What is a Ground Lease Agreement?

A Ground Lease Agreement is commonly used in Singapore when a landowner wishes to retain ownership of their property while allowing a tenant to develop and use the land for an extended period. This arrangement is particularly relevant in Singapore's land-scarce environment and is subject to strict regulatory oversight. The agreement typically spans several decades and must comply with Singapore's property laws and development regulations. It includes comprehensive terms covering development rights, permitted uses, rent structures, and maintenance obligations, making it a crucial document for major property developments in Singapore.

What sections should be included in a Ground Lease Agreement?

1. Parties: Identifies and defines the lessor and lessee

2. Background: Provides context and purpose of the ground lease

3. Definitions: Defines key terms used throughout the agreement

4. Demise and Term: Specifies the property being leased and duration of lease

5. Rent and Payment Terms: Details rent amount, payment schedule, and review mechanisms

6. Permitted Use: Specifies allowed uses of the land

7. Development Rights and Obligations: Outlines construction and development requirements

8. Maintenance and Repair: Details maintenance responsibilities

9. Insurance Requirements: Specifies required insurance coverage

10. Assignment and Subletting: Details transfer and sublease rights

What sections are optional to include in a Ground Lease Agreement?

1. Break Clause: Early termination provisions - used when parties want flexibility to end lease early

2. Extension Options: Terms for extending lease period - used when parties want to include renewal options

3. Environmental Provisions: Environmental compliance requirements - used for environmentally sensitive properties

4. Development Milestones: Specific development timeline requirements - used when development is required within specific timeframes

What schedules should be included in a Ground Lease Agreement?

1. Property Plan: Detailed plan showing the leased property boundaries

2. Rent Schedule: Detailed breakdown of rent payments and review dates

3. Permitted Use Schedule: Detailed list of permitted uses and restrictions

4. Development Plans: Approved plans for development of the property

5. Service Charge Schedule: Breakdown of service charges and maintenance costs

6. Insurance Requirements: Detailed insurance specifications

Authors

Alex Denne

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

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Industries

Land Titles Act (Chapter 157): Primary legislation governing land registration and title system in Singapore, including regulation of interests in land and registration requirements for property transactions

State Lands Act (Chapter 314): Controls management of state lands and lease arrangements, particularly relevant for ground leases involving state-owned property

Planning Act (Chapter 232): Regulates land use, development control, and zoning requirements that affect permitted uses of leased land

Building Control Act (Chapter 29): Establishes building and construction requirements, including structural and safety standards for development on leased land

Conveyancing and Law of Property Act (Chapter 61): Sets out general property law principles and fundamental lease requirements and obligations

Environmental Protection and Management Act: Outlines environmental compliance requirements and pollution control measures for land use

Fire Safety Act: Specifies fire safety requirements and standards for buildings and structures on leased land

Property Tax Act: Establishes tax obligations and requirements for leased properties

Stamp Duties Act: Governs registration and stamp duty requirements for lease documents

Registration of Deeds Act: Sets out requirements and procedures for registration of lease documents and other property instruments

Singapore Land Authority (SLA): Key regulatory body overseeing land administration and property transactions in Singapore

Urban Redevelopment Authority (URA): Regulatory body responsible for land use planning and conservation guidelines

Building and Construction Authority (BCA): Regulatory body overseeing building and construction standards and regulations

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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