Document background
A Lease Release is essential when parties wish to formally terminate their lease agreement before its natural expiration or to document the end of a lease term. Under Singapore law, this document provides legal certainty by clearly documenting the termination of obligations and rights under the original lease. The Lease Release should address key aspects such as the return of security deposits, settlement of outstanding amounts, and confirmation that both parties are released from future obligations. It must comply with Singapore's property laws and registration requirements, particularly when dealing with registered leases.
