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Periodic Lease Termination for Singapore

Periodic Lease Termination Template for Singapore

A Periodic Lease Termination document is a formal legal instrument used in Singapore to end a periodic tenancy agreement. It must comply with Singapore's property laws and includes specific notice periods based on the rental payment cycle. The document outlines the termination date, property handover conditions, and obligations of both parties during the notice period. It serves as official documentation of the intention to end the tenancy and protects both parties' rights under Singapore law.

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What is a Periodic Lease Termination?

The Periodic Lease Termination document is essential when either a landlord or tenant wishes to end a periodic tenancy in Singapore. This document type is specifically designed to comply with Singapore's property legislation and ensures proper notice is given according to the payment cycle (typically monthly). The document must include key elements such as clear identification of parties, property details, termination date, and handover requirements. When executing a Periodic Lease Termination, parties must adhere to minimum notice periods: one month for monthly tenancies and one week for weekly tenancies. This formal documentation helps prevent disputes and ensures compliance with local property laws.

What sections should be included in a Periodic Lease Termination?

1. Date and Parties: Identification of landlord and tenant with their full legal names, addresses and contact details, along with the property address

2. Notice of Termination: Formal statement declaring the intention to terminate the periodic tenancy, citing relevant legal provisions under Singapore law

3. Termination Date: Specific date when the tenancy will end, ensuring compliance with statutory notice periods under Singapore tenancy laws

4. Property Details: Complete description of the rental property including unit number, floor area, and any included fixtures and fittings

5. Handover Requirements: Detailed conditions for returning the property, including cleaning requirements and restoration obligations

What sections are optional to include in a Periodic Lease Termination?

1. Security Deposit Return: Terms and timeline for security deposit refund, including deductions for damages or outstanding payments

2. Outstanding Payments: Section detailing any remaining rent, utility bills, or other payments that need to be settled before termination

3. Early Termination Fees: Details of any applicable penalties or fees if termination occurs before any agreed minimum period

What schedules should be included in a Periodic Lease Termination?

1. Schedule A - Inventory List: Comprehensive list of fixtures, fittings, and furnishings to be returned in original condition

2. Schedule B - Property Condition Report: Detailed report documenting the current state of the property and any repairs required before handover

3. Schedule C - Utility Accounts: List of all utility accounts and services that need to be terminated or transferred, including account numbers

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

Jurisdiction

Singapore

Publisher

Genie AI

Cost

Free to use

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