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.
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Key Requirements PROMPT example:
Periodic Lease Termination
"I need a Periodic Lease Termination document for a three-bedroom apartment in Singapore's East Coast area, with termination effective March 15, 2025, including specific provisions for the return of fixtures and fittings installed during the tenancy."
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
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
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
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