Security Deposit Return Letter Template for Singapore

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Key Requirements PROMPT example:

Security Deposit Return Letter

"Need a Security Deposit Return Letter for my commercial property tenant in Singapore, returning $5,000 with deductions for minor repairs and outstanding utility bills, following lease termination on March 15, 2025."

Document background

The Security Deposit Return Letter is a crucial document in Singapore's property rental ecosystem, used when a lease agreement comes to an end and the security deposit needs to be returned to the tenant. This document serves multiple purposes: it provides written confirmation of the deposit return, details any deductions made, and helps prevent future disputes. In Singapore, where property rental transactions are strictly regulated, this letter ensures compliance with local landlord-tenant laws and provides a clear audit trail for both parties. The letter typically includes reference to the original lease, property details, inspection outcomes, and specific payment arrangements.

Suggested Sections

1. Date: Current date of the letter

2. Recipient Details: Full name and address of the tenant

3. Property Reference: Address and details of the rental property

4. Lease Period Reference: Start and end dates of the tenancy

5. Deposit Amount: Original security deposit amount paid

6. Return Amount: Final amount being returned after any deductions

7. Payment Method: Details of how the deposit will be returned

Optional Sections

1. Deduction Details: Itemized list of any deductions made, used when there are deductions from the deposit

2. Property Inspection Reference: Details of final inspection, used when relevant to deductions

3. Outstanding Utilities: Reference to utility bills settlement, used when relevant

Suggested Schedules

1. Inspection Report: Final property condition report if relevant

2. Deduction Receipts: Copies of receipts for any repairs or cleaning if deductions were made

3. Bank Transfer Details: Form for tenant to provide bank details if payment is by transfer

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Property Identification
Lease Reference
Initial Deposit Amount
Deduction Details
Return Amount Calculation
Payment Method
Bank Details
Property Condition
Inspection Reference
Utility Settlement
Release of Obligations
Final Settlement
Acknowledgment
Time Frame
Contact Details

Relevant Industries

Real Estate
Residential Housing
Commercial Property
Industrial Property

Relevant Teams

Real Estate Operations
Finance
Legal
Administration
Property Management

Relevant Roles

Property Manager
Leasing Manager
Real Estate Agent
Facilities Manager
Account Manager

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Let's create your Security Deposit Return Letter

Authors

Alex Denne

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