Closely tied to the Diplomatic Clause, this states that if the tenant terminates the lease early using the diplomatic clause, they must refund the landlord a pro-rated share of the agent’s commission. Minor Repair Clause
| Responsibility | Party | |----------------|-------| | Major structural repairs, aircon servicing (once every [3] months), electrical wiring, plumbing, water heater, built-in appliances (fridge, washer, oven) | | | Minor repairs (light bulbs, fuses, normal wear and tear), daily cleaning, pest control (unless infestation due to structural issue), replacement of batteries, light tubes | Tenant |
Specifies the amount (usually one or two months' rent) to be held against damages and the conditions for its return. 3. Obligations of the Tenant propnex tenancy agreement template exclusive
A 30-day period during which the tenant can report existing defects to the landlord for repair. Why Choose the PropNex Exclusive Template?
The owner can appoint multiple agents from different agencies. The agent who successfully closes the deal gets the commission. Benefits of Signing a PropNex Exclusive Agreement Closely tied to the Diplomatic Clause, this states
A PropNex-compliant tenancy agreement typically includes these core sections to ensure a conflict-free experience:
in preparing this agreement.
The owner appoints only one PropNex agent to market, view, and negotiate the property. Under CEA regulations, this exclusivity lasts for a maximum of 3 months but can be renewed.
If you want a hands-off approach and maximum marketing exposure, an exclusive agreement guarantees a committed agent who handles everything from staging to paperwork. Obligations of the Tenant A 30-day period during
Securing a rental property is a significant step, whether you are a landlord looking to protect your investment or a tenant seeking a fair and stable living arrangement. In the bustling real estate market of Singapore, having a robust tenancy agreement is crucial. PropNex, as a leading real estate agency, provides an exclusive tenancy agreement template designed to streamline the leasing process and offer maximum protection to all parties involved.