| Feature | PropNex | CEA (public) template | Lawyer‑drafted | |---------|--------|----------------------|----------------| | Fairness | High | High | Depends on who pays | | Readability | Good | Very simple | Legalistic | | Diplomatic clause | Usually yes | No | Yes, if requested | | Repair threshold | Yes (customizable) | No | Yes | | Industry acceptance | Very high (Singapore) | Medium (rarely used) | High (but costly) |
The start and end dates of the lease, often including an option to renew with a notice period.
Using the template, they quickly filled in the essential "nuts and bolts": The Parties: Sarah as the Landlord and as the Tenant The Premises: The exact address and unit number of the condo. The Lease Term: A fixed 24-month duration, starting from the move-in date. Rent & Deposits: