Lease Agreement - Domestic / Residential Property

Lessee

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Description:

This is a Lease of residential property with options on rent free period, early termination and termination by the Lessee in case of transfer / cessation of employment (Diplomatic / Break Clause). A lease is generally over 3 years and in the form of a deed. This is drafted in favour of the Lessee.

The Lessor hereby agrees to lease the Premises and the furniture, fixtures, fittings and equipment therein (as per Schedule, if any) in clean and tenantable condition to the Lessee for residential purposes.

The above Premises is hereby leased for a term of x years, commencing on a specified date. The Lessee & the Lessor must complete above lease of first x> years. Any advance termination before the fixed x years should be compensated by the Lessee and the Lessor to the total remaining sum of the rented to the Lessee and the Lessor.)

On expiry of this lease, the Lessor has the right to take back the Premises in full, and the Lessee must deliver vacant possession of the Premises on the date of expiry. If the Lessee wishes to extend the lease, The Lessee shall have the priority to renew the lease and is required to give written notice to the Lessor two months prior to the expiry of this lease, the revised rental should be negotiated between the two parties. The Lessor has the right to lease to a third party if they cannot agree on rental or other terms one month prior to expiry.

Provided the Lessee shall have paid the Rent and other outgoings on the days and in the manner herein provided and observe and perform the terms and conditions herein contained and on the Lessee's part to be observed and performed, the Lessee shall peacefully hold and enjoy the Premises during the Term of Lease without any interruption by the Lessor.

How to use this Document?

This Lease of residental property template shall be carefully read by the Lessee and the Lessor.

Both parties should sign and return a copy, and once signed, both parties should get a copy. To avoid any future disputes, both parties may wish to have their signatures witnessed.

The rent, term of the lease, deposit and other charges, and also the responsibilities of the Lessee and Lessor should all be clearly stated in the agreement.

If either party wishes to amend the agreement in the future, both parties should agree to do so, and the original agreement and amendments should be recorded in writing and signed by both parties.

How to Tailor the Document for Your Need?

1. Click the “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.

2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.

3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.

4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

Document Type:

Deed /poa / authorisation / agency / escrow

Category:

Personal > Property > Tenancy, Lease & Rental Agreement

 
Keywords:

tenancy

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lease

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residential

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premises

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rent

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landlord

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rental

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home

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domestic

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rental

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leases

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real property lease

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leased real estate

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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.