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A Release From A Lease Agreement is essential when parties wish to terminate their lease arrangement before the originally agreed end date. This document is particularly relevant in Singapore's dynamic property market, where circumstances may require early termination of residential or commercial leases. The agreement ensures compliance with Singapore's property laws while protecting both landlord and tenant interests. It typically includes provisions for security deposit return, outstanding payment settlement, property condition requirements, and mutual release from future obligations. This document is crucial for maintaining clear records and preventing future disputes.
