Propnex Tenancy Agreement Template Exclusive
Full names, NRIC/Passport numbers, and contact details of both the landlord and the tenant.
When we talk about the PropNex tenancy agreement template, we are referring to documents used by the network of PropNex agents. Given the agency's market position, these templates are generally well-aligned with current industry standards. However, it is crucial to note that while PropNex provides the template structure, the final contract is between the landlord and tenant. As a GST-registered entity, PropNex is authorised to charge and collect GST on its services, which clients should clarify with their salesperson.
Every PropNex template prominently features a powerful disclaimer. For the "Private Condo/Apartment" template, it states: "This is a general document which may not be appropriate for use in all cases. When in doubt, please seek legal advice." This is reinforced by a clause releasing PropNex from liability for any changes or amendments made to the standard form. It states that the landlord and tenant agree not to hold PropNex Realty Pte Ltd liable for any changes or deletions made to the standard form that were agreed upon by both parties prior to signing. propnex tenancy agreement template exclusive
A robust tenancy agreement addresses wear and tear versus damages:
Usually set between S$150 and S$200 per item. Full names, NRIC/Passport numbers, and contact details of
: Standard for many Singapore agreements, allowing expatriate tenants to terminate early if they are transferred out of the country. Maintenance & Repairs
The PropNex agent populates the agency’s template with specific terms negotiated in the LOI. However, it is crucial to note that while
This Agreement shall be governed by and construed in accordance with the laws of Singapore.
A duly signed Inventory List (Annex A) attached hereto forms part of this Agreement. The Tenant acknowledges receipt of the Premises in good, clean, and habitable condition with all listed items functioning. The Tenant shall return the Premises in similar condition (fair wear and tear excepted).
If you are handed a PropNex Exclusive template to sign, you must scrutinize these specific sections. Whether you are a landlord or a tenant, ignorance of these clauses is expensive.