Propnex Tenancy Agreement Template Exclusive Link -
This piece is written to reflect market best practices in Singapore, balancing landlord and tenant interests while ensuring legal clarity.
Commission: Under an exclusive agreement, the client agrees to pay a commission to PropNex if a transaction is completed, even if the client finds the other party themselves during the exclusivity period. 3. Essential Clauses in the Template propnex tenancy agreement template exclusive
1. THE LANDLORD
Name(s) (as per NRIC): []
NRIC No.: []
Address: [_______]
(“Landlord”) – includes assigns and successors This piece is written to reflect market best
- Tenant shall not sublet or assign without prior written consent of Landlord and Agent.
Parties Involved: Full names and identification details of the Landlord and Tenant, as well as the authorized PropNex salesperson. Tenant shall not sublet or assign without prior
- By Tenant: Not less than [2] months’ written notice before expiry, or payment of [2] months’ rent in lieu.
- By Landlord: Not less than [2] months’ written notice before expiry, or payment of [2] months’ rent in lieu.
- Immediate termination (breach): If either party breaches a material term (e.g., non-payment of rent for [7] days after notice, illegal use, severe damage), the non-breaching party may terminate immediately without compensation.
- The Standard Template: Often silent or defaults to landlord responsibility.
- The PropNex Exclusive: Includes specific clauses regarding quarterly servicing obligations for the tenant. It shifts the responsibility of preventative maintenance to the occupant, ensuring the landlord isn’t paying for negligence.