Ready to use legal template
Drafted by experienced lawyers
Compliant with Singapore law
Ready to use legal template
Drafted by lawyers
Compliant with Singapore law
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Learn more about Sublease Agreement in Singapore
A sublease is when a tenant, who holds the lease, rents all or part of his or her accommodation to another person in exchange for the payment of rent. The sublease agreement is essential to formalize the relationship between the tenant and the subletter, thus securing the sublease. Indeed, concluding a sublease agreement is essential to protect the property and transfer the responsibility to the subtenant in case of damage and to ensure the payment of the rent. For all subtenants, a sublease agreement is often an excellent way to supplement the terms of their lease in a way that suits their individual needs.
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What is a sublease agreement?
A sublease agreement is an agreement that allows a tenant to re-rent a space that they are currently leasing. This agreement is usually signed between the original tenant and a new tenant. Often, the sublease agreement follows the terms and conditions of the lease agreement between the landlord and the tenant, except that the original tenant is a third party to the agreement. Before a tenant begins the sublease process, the underlying lease agreement must be reviewed to ensure that the sublease is permissible, and the landlord’s permission must be secured.
What legal protection do I get with a sublease agreement?
Our document allows you to prevent against different risks and insures you against the dangers of subletting. By downloading the contract you will benefit from :
➤ Protection in case of late payment of rent by your sub-tenant with a penalty clause |
➤ Payment of a security deposit to protect you against any deterioration |
➤ The payment of the property's charges by the sub-tenant |
➤ The respect of the terms and conditions of the initial rental agreement between the tenant and the owner |