The Tenant Termination Of Lease Agreement Template is designed for use in Singapore when either party wishes to formally end a rental agreement before or at its natural conclusion. This document ensures compliance with Singapore's property laws, including the Residential Property Act and relevant HDB regulations where applicable. It covers essential elements such as termination date, security deposit handling, property condition requirements, and mutual release of obligations. The agreement provides legal protection for both parties and creates a clear record of the termination terms.
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Key Requirements PROMPT example:
Tenant Termination Of Lease Agreement Template
I need a Tenant Termination Of Lease Agreement Template for my Singapore HDB flat, where the tenant has requested early termination effective March 15, 2025, and we need to include specific clauses about utility transfer and renovation works completed during the tenancy.
1. Parties: Details of landlord and tenant including full names, identification numbers, and registered addresses
2. Background: Reference to original lease agreement, date of original agreement, and reason for termination
3. Definitions: Key terms used in the agreement including Property, Termination Date, Security Deposit, etc.
4. Termination Date: Specific date when lease will terminate and handover procedures
5. Security Deposit: Terms for return of security deposit, timeline, and permissible deductions
6. Property Condition: Requirements for property condition upon handover, including fair wear and tear provisions
7. Mutual Release: Release of obligations post-termination and mutual discharge of liabilities
1. HDB Compliance: Special provisions for HDB properties including minimum occupation period and specific termination requirements
2. Utilities Transfer: Process and timeline for transferring utility accounts back to landlord or new tenant
3. Outstanding Payments: Settlement terms for any pending rental, utility payments or other charges
1. Schedule 1: Property Inventory: Detailed list of items and their condition in the property at termination
2. Schedule 2: Outstanding Payments: Itemized list of any pending payments or adjustments between parties
3. Appendix A: Property Inspection Report: Detailed documentation of property condition with photographs at termination
4. Appendix B: Original Lease Agreement: Copy of the original lease agreement being terminated
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