THIS LEASE is entered into on 03 May 2024

Between

(1)            PARTY_1_NAME whose address is at PARTY_1_ADDRESS_SINGLE_LINE (the "Lessor")

(2)            PARTY_2_NAME whose address is at PARTY_2_ADDRESS_SINGLE_LINE (the "Lessee")

Whereas

The Lessor shall let and the Lessee shall take the Premises for the Term of Lease (as defined below) with details as more particularly described in the Schedule and both parties agree to observe and perform the terms and conditions as follows: 

1. Lease 

The Lessor hereby agrees to lease ADDRESS (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 purpose. The total area is AREA.

2. Term of Lease

2.1 The above Premises is hereby leased for a term of TERM years, commencing on COMMENCEMENT_DATE and expiring on END_DATE.

2.2 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.

3. Rent

3.1 The rent is CURRENCY RENT on a PERIOD basis, the rent includes Furniture and Electrical Appliances, and other items and fees as listed in the Schedule.

3.2 The Lessee should pay the charges of water, electricity, gas, telephone and other outgoings payable in respect of Premises from the beginning of the term of Lease.

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