Ensure the contract clearly differentiates between "fair wear and tear" (natural aging of the property) and actual damage caused by negligence.

: The specific duration of the tenancy, including the official start and end dates. Rental Details

Generic templates found online often heavily favor either the landlord or the tenant. PropNex maintains a balanced framework to ensure smooth dispute resolutions.

Outlines strict notice periods (usually 2 months) for both termination and renewal, ensuring legal compliance. Why an "Exclusive" Template Matters

While it is a template, it allows for flexibility in areas like rental amount, lease term, and specific maintenance requirements.

: This is a separate contract where a landlord or tenant engages a PropNex salesperson on an exclusive basis for a set period.

Singapore’s rental regulations change. PropNex regularly updates its templates to reflect the latest Women’s Charter provisions, privacy laws (PDPA), and taxing frameworks (IRAS).

Do not use a template found on Google Drive or a file-sharing site. In Singapore, using an outdated PropNex template (e.g., pre-2019) misses crucial updates regarding aircon servicing penalties and Covid-19 force majeure clauses.

The agreement specifies the amount of the security deposit, how it is held, and the precise conditions under which it can be deducted. It details the process for returning the deposit after the lease ends, ensuring compliance with local laws. Non-refundable fees, such as professional cleaning or pet fees, are also disclosed to avoid misunderstandings. 3. Maintenance and Repair Responsibilities