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Release From Tenancy Agreement Template for Singapore

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Key Requirements PROMPT example:

Release From Tenancy Agreement

"I need a Release From Tenancy Agreement to formally end my tenant's lease of a commercial property in Singapore three months early, with special provisions for the return of a renovated office space and settlement of outstanding utility bills by March 2025."

What is a Release From Tenancy Agreement?

A Release From Tenancy Agreement is essential when parties wish to terminate a lease before its natural expiration. This document, governed by Singapore law, provides a formal framework for early termination while protecting both parties' interests. It typically becomes necessary when tenants need to relocate unexpectedly, when landlords require early possession, or when both parties mutually agree to end the tenancy. The agreement includes critical elements such as the effective date of termination, handling of security deposits, outstanding obligations, and property handover conditions, all while ensuring compliance with Singapore's property laws and regulations.

What sections should be included in a Release From Tenancy Agreement?

1. Parties: Identification of landlord and tenant with full legal names and addresses

2. Background: Context of original tenancy agreement and circumstances leading to early release

3. Definitions: Key terms used in the agreement including 'Property', 'Original Agreement', 'Release Date'

4. Release Terms: Core terms of mutual release from obligations under the original tenancy agreement

5. Security Deposit: Terms for the return or forfeiture of security deposit and timeline

6. Handover Arrangements: Specific requirements for property inspection and key handover

7. Mutual Release and Waiver: Mutual release from all claims and obligations under the original agreement

8. Governing Law: Specification that agreement is governed by Singapore law

9. Execution: Signature blocks and execution provisions

What sections are optional to include in a Release From Tenancy Agreement?

1. Outstanding Payments: Details of any pending payments including utilities, maintenance fees, or other charges

2. Property Condition: Specific requirements for repair, restoration, or maintenance of the property

3. Third Party Obligations: Provisions relating to other parties such as guarantors or property agents

4. Confidentiality: Terms regarding confidentiality of the release agreement and its terms

5. Survival Clauses: Specification of which obligations survive termination of the tenancy

What schedules should be included in a Release From Tenancy Agreement?

1. Schedule 1 - Original Tenancy Agreement: Copy of the original tenancy agreement being terminated

2. Schedule 2 - Property Inspection Report: Detailed report of property condition at time of release

3. Schedule 3 - Outstanding Payments Schedule: Itemized list of any outstanding payments or settlements required

4. Schedule 4 - Handover Checklist: Checklist of items to be returned including keys, access cards, and facilities passes

Authors

Alex Denne

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

Relevant legal definitions































Clauses

























Industries

Residential Tenancies Act: Cap. 288A - Primary legislation governing residential tenancy matters in Singapore

Civil Law Act: Cap. 43 - Fundamental legislation governing contractual relationships and obligations in Singapore

Common Law Contract Principles: Principles derived from case law governing contract formation, execution, and termination

Conveyancing and Law of Property Act: Cap. 61 - Legislation governing property transactions and related matters

CEA Guidelines: Council for Estate Agencies regulatory guidelines for property transactions and agency matters

HDB Regulations: Housing & Development Board specific rules and regulations for public housing tenancy matters

Building Control Act: Legislation governing building maintenance and safety standards relevant to property handover

Stamp Duties Act: Legislation governing proper documentation and stamp duty requirements for tenancy agreements

Covid-19 (Temporary Measures) Act 2020: Temporary legislation providing relief measures for tenancy matters during COVID-19 period

Personal Data Protection Act 2012: Legislation governing the collection, use, and disclosure of personal data in legal documents

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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