Propnex Tenancy Agreement Template

Your tenancy agreement is your primary asset protection. Do not settle for a standard form that provides minimal protection.

Sarah had just renovated her condo and was nervous about finding a reliable tenant. She engaged a agent who immediately utilized the PropNex real estate platform to list the property and manage viewings. propnex tenancy agreement template

Essential for foreign tenants, the allows a tenant to terminate the lease prematurely without severe financial penalties under specific conditions. In the PropNex template, this usually requires: Your tenancy agreement is your primary asset protection

| Issue | Suggestion | |-------|-------------| | | Often requires tenant to service A/C every 3 months and provide receipts. This is enforceable. If missing from your copy, clarify. | | Early termination penalty | Typically forfeits security deposit if tenant leaves without a diplomatic clause trigger. Negotiate a fixed penalty (e.g., 1 month’s rent) instead. | | Renewal option | Template may say “renewable by mutual agreement” – that gives neither party certainty. Ask for a right of first refusal or a fixed renewal rent formula. | | Quiet enjoyment | Standard, but does not restrict landlord from showing the property to future tenants in the last 2 months of lease. That is common – agree on advance notice (e.g., 24 hours). | She engaged a agent who immediately utilized the

Ensuring the property is fit for habitation, paying property taxes, maintaining structural integrity, and allowing the tenant "quiet enjoyment" of the space.

Any (like diplomatic or pet clauses) you need to customize

A PropNex TA is drafted to strictly align with Singapore law. When executing the agreement, both parties must ensure compliance with the following: Stamp Duty Requirements