The Studio Rental Agreement is essential for formalizing the lease of specialized spaces in Singapore. This document is typically used when renting purpose-built or converted spaces for activities such as photography, dance, music, art, or fitness. The agreement ensures compliance with Singapore's property regulations while protecting both parties' interests through clear terms on usage, maintenance, and liability. It addresses unique considerations for studio spaces, including equipment use, noise restrictions, and specific safety requirements.
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1. Parties: Identification and details of landlord and tenant
2. Background: Context of the rental arrangement
3. Definitions: Key terms used throughout the agreement
4. Premises: Detailed description of the studio space
5. Term: Duration of rental and renewal options
6. Rent and Payment Terms: Rental amount, payment schedule, and method
7. Security Deposit: Amount, terms, and conditions for return
8. Use of Premises: Permitted activities and restrictions
9. Maintenance and Repairs: Responsibilities of each party
10. Termination: Conditions and process for ending agreement
1. Utilities and Services: Responsibility for utilities, when separately metered
2. Insurance: Required insurance coverage and obligations of each party
3. Subletting: Rights and restrictions regarding subletting of the premises
4. Alterations: Rights and restrictions regarding modifications to the premises
1. Schedule 1 - Floor Plan: Detailed plan of the studio space
2. Schedule 2 - Inventory List: List of fixtures, fittings, and equipment provided
3. Schedule 3 - House Rules: Building or facility specific rules and regulations
4. Schedule 4 - Condition Report: Initial condition of premises and equipment
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