Termination Of Lease Form Template for Singapore

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Key Requirements PROMPT example:

Termination Of Lease Form

"I need a Termination of Lease Form for my tHRee-bedroom residential property in Singapore, where the tenant has requested early termination due to overseas job relocation, with the termination date set for March 15, 2025."

Document background
The Termination of Lease Form is essential in Singapore's property market when either party wishes to end a tenancy agreement. This document is used to formally document the termination process, ensuring compliance with local property laws and protecting both parties' interests. It typically includes key information such as termination date, notice period confirmation, property handover requirements, and financial settlement terms. The form is particularly important in Singapore's structured legal environment, where property transactions are strictly regulated and formal documentation is required for legal validity.
Suggested Sections

1. Property Details: Full address and description of the leased property including unit number, postal code, and property type

2. Parties' Information: Complete details of landlord and tenant including names, identification numbers, contact information and addresses

3. Original Lease Reference: Reference to original lease agreement including date of execution and lease term

4. Termination Date: Specified date when the lease will be terminated and handover will occur

5. Notice Period Confirmation: Confirmation that required notice period has been given as per original lease terms and applicable laws

6. Security Deposit Terms: Details of security deposit refund process including timeline and conditions for refund

7. Signatures: Execution block for both parties to sign, date and include witness signatures if required

Optional Sections

1. Outstanding Payments: Section detailing any pending rent, utility payments or other charges that need to be settled before termination

2. Property Condition Requirements: Specific conditions for property handover including repairs, restoration or cleaning requirements

3. Early Termination Penalties: Details of any applicable penalties or compensation for early termination of the lease

Suggested Schedules

1. Schedule 1 - Property Inventory List: Detailed inventory of fixtures, fittings and furnishings to be checked during handover inspection

2. Schedule 2 - Utility Accounts List: Comprehensive list of utility accounts to be transferred or terminated with account numbers

3. Schedule 3 - Handover Checklist: Detailed checklist for property inspection, key return and final meter readings

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

Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships and obligations between parties in Singapore, including lease agreements

Conveyancing and Law of Property Act (Cap. 61): Legislation governing property transactions and leases, including requirements for valid lease termination

Landlord and Tenant (Shops) Act: Specific legislation governing commercial property leases and their termination requirements

Planning Act (Cap. 232): Legislation governing property usage and zoning requirements that may affect lease termination conditions

Control of Rent Act: Legislation governing rent control and related tenant protections where applicable

Notice Period Requirements: Statutory and contractual requirements for minimum notice periods when terminating a lease

Security Deposit Regulations: Legal requirements governing the refund of security deposits and allowable deductions

Property Handover Requirements: Legal standards and conditions for property handover upon lease termination

Building Maintenance and Strata Management Act: Regulations affecting lease termination in strata-titled properties

Stamp Duties Act: Tax implications and stamp duty considerations related to lease termination

COVID-19 (Temporary Measures) Act 2020: Temporary legislation affecting lease termination rights and procedures during the pandemic period

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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