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Deposit Rental Agreement Template for Singapore

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Key Requirements PROMPT example:

Deposit Rental Agreement

"I need a Deposit Rental Agreement for a 2-bedroom condominium in Singapore, with a security deposit of 2 months' rent and specific clauses about pet damage, as the tenant has two cats moving in from March 2025."

Document background
The Deposit Rental Agreement is essential in Singapore's property rental market to protect both landlord and tenant interests. This document, governed by Singapore law, establishes clear terms for security deposit management, typically amounting to one or two months' rent. It sets out conditions for deposit return, permissible deductions, and dispute resolution procedures, ensuring compliance with local property regulations and the Civil Law Act. The agreement is particularly important given Singapore's active rental market and strict property regulations.
Suggested Sections

1. Parties: Details of landlord and tenant, including full legal names, identification numbers, and addresses

2. Background: Context of the rental agreement and purpose of the security deposit

3. Definitions: Key terms used in the agreement including 'Security Deposit', 'Property', 'Lease Term', etc.

4. Property Details: Full description and address of rental property including unit number and postal code

5. Deposit Amount: Specific amount of security deposit and payment terms including payment method

6. Duration: Term of deposit holding and conditions for extension

7. Return Conditions: Terms and timeline for deposit return, including inspection requirements

8. Deductions: Comprehensive list of permitted deductions from deposit and process for disputes

Optional Sections

1. Special Conditions: Additional terms specific to the property or parties, such as special maintenance requirements or unique circumstances

2. Interest: Terms regarding any interest accrued on the deposit and how it will be handled

3. Third Party Rights: Rights and obligations of guarantors or other involved parties

Suggested Schedules

1. Schedule 1: Property Inventory: Detailed list of furniture, fittings, and appliances included in the property

2. Schedule 2: Property Condition Report: Comprehensive documentation of property condition at the start of tenancy, including photographs

3. Appendix A: Payment Schedule: Detailed breakdown of payment dates, amounts, and methods for deposit and rent

4. Appendix B: House Rules: Specific rules and regulations for the property including maintenance responsibilities

Authors

Alex Denne

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

Relevant legal definitions




















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Industries

Civil Law Act (Chapter 43): Primary legislation governing contractual relationships and obligations between parties in Singapore, providing the fundamental legal framework for rental agreements

Residential Property Act (Chapter 274): Regulates the ownership and occupation of residential properties in Singapore, including restrictions on foreign ownership and rental arrangements

Planning Act (Chapter 232): Controls the development and use of land and buildings, ensuring proper zoning and usage compliance for rental properties

Landlord and Tenant (Security of Tenure) Act: Defines the rights and obligations of landlords and tenants, including security of tenure provisions and proper termination procedures

Housing and Development Act: Governs public housing (HDB) properties, including rental regulations and restrictions for HDB flats

Security Deposit Guidelines (CEA): Guidelines established by the Council for Estate Agencies regarding the collection, handling, and return of security deposits

Stamp Duties Act: Regulates the payment of stamp duties on tenancy agreements and related documents, ensuring legal validity of the agreement

HDB Regulations: Specific rules and guidelines for renting HDB properties, including ethnic quotas and minimum occupation periods

URA Guidelines: Urban Redevelopment Authority guidelines governing property usage, minimum rental periods, and property development regulations

IRAS Requirements: Tax-related obligations and requirements for landlords and tenants, including rental income declaration and tax payment procedures

Good Faith Deposit Requirements: Regulations regarding the collection and handling of good faith deposits during the rental process

Security Deposit Limitations: Guidelines on maximum security deposit amounts, typically capped at one month's rent per year of lease

Notice Period Requirements: mandatory notice periods for termination of tenancy and related procedures

Foreign Tenant Regulations: Special requirements and considerations for rental agreements involving foreign tenants, including visa status verification

COVID-19 Regulations: Temporary measures and guidelines related to rental agreements during the COVID-19 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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