Propnex Tenancy Agreement Template Exclusive -

The PropNex Exclusive Tenancy Agreement (formally known as the Exclusive Estate Agency Agreement for the Lease of Residential Property) is a specialized contract used when a landlord or tenant appoints PropNex as their sole representative for a property transaction in Singapore. Key Components of the Exclusive Agreement

Exclusive Right to Market: The landlord agrees not to appoint other agents during the validity period (usually up to 3 months). propnex tenancy agreement template exclusive

If you are looking for the "exclusive" contract that binds a client to PropNex for a specific period, you should refer to the CEA Prescribed Estate Agency Agreements. The PropNex Exclusive Tenancy Agreement (formally known as

  • Tenant responsible for minor upkeep and promptly notifying landlord of defects.
  • Landlord responsible for structural repairs and major appliances unless damage caused by Tenant.

6.8 Access for Inspection
The Landlord (or PropNex agent) may inspect the Premises upon [48] hours’ written notice, at reasonable hours (9am–6pm), except in emergency. Tenant responsible for minor upkeep and promptly notifying

5. EXCLUSIVE AGENCY
The Landlord appoints PropNex Realty Pte Ltd (UEN: 200312683W) as the sole and exclusive agent for this tenancy. The Landlord shall not appoint any other agent or directly negotiate with any tenant during the agency period ( [_______] months from the date hereof).

Part 5: What Tenants Must Negotiate Before Signing

While the PropNex exclusive template is generally fair, it is inherently biased toward the landlord (since PropNex represents the landlord in most cases, unless the tenant engaged a separate buyer’s agent). Therefore, tenants should request amendments to the "exclusive" clauses.

  • Security: Clauses that allow for immediate lawful remedies if the property is used for illegal activities (crucial for protecting the asset's reputation).
  • Insurance: Explicitly defines who bears the risk for personal property damage, shifting liability away from the landlord during unforeseen events.
  • Repairs: Defines a "De Minimis" amount (e.g., the first $100-$200 of minor repairs) as the tenant’s responsibility. This stops the midnight phone calls for a blown lightbulb or a loose hinge.