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Release Of Rental Agreement Form Template for Singapore

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Key Requirements PROMPT example:

Release Of Rental Agreement Form

"Need a Release Of Rental Agreement Form for my Singapore HDB flat as tenant is relocating overseas, with early termination scheduled for March 15, 2025, and specific conditions for the return of the $3,000 security deposit."

Document background
The Release Of Rental Agreement Form is a crucial document in Singapore's property rental sector, used when parties mutually agree to terminate a tenancy before its natural conclusion. This document ensures compliance with Singapore's property laws while protecting both landlord and tenant interests. It addresses key aspects such as security deposit refunds, property condition requirements, and outstanding financial obligations. The form is particularly important in Singapore's dynamic rental market, where early terminations may occur due to various circumstances such as relocation or change in financial situations.
Suggested Sections

1. Date and Parties: Identification of landlord and tenant, including full legal names and addresses

2. Background: Reference to original tenancy agreement and reason for release

3. Definitions: Key terms used in the release agreement

4. Release Terms: Specific conditions of the release from tenancy obligations

5. Security Deposit: Terms for return of security deposit

6. Mutual Release: Both parties releasing each other from future claims

7. Execution: Signature blocks and witnessing requirements

Optional Sections

1. Property Inspection: Details of final inspection process and specific property condition requirements

2. Outstanding Payments: Settlement of any remaining utilities or other charges

3. Key Handover: Process for returning keys and access devices

4. HDB Specific Clauses: Additional requirements for HDB properties

Suggested Schedules

1. Schedule 1 - Property Inspection Report: Documented condition of property at release

2. Schedule 2 - Outstanding Payment Schedule: List of any remaining payments or settlements

3. Appendix A - Original Tenancy Agreement: Copy of the original agreement being released

4. Appendix B - Handover Checklist: List of items to be checked during final handover

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




















Clauses




















Industries

Civil Law Act (Cap. 43): Primary legislation governing civil law matters including contract law principles and landlord-tenant relationships in Singapore

Landlord and Tenant Act: Specific legislation governing the relationship between landlords and tenants for shops, hotels and residential properties in Singapore

Planning Act (Cap. 232): Legislation governing property usage and zoning requirements that may affect rental properties

Housing and Development Act: Specific regulations governing HDB properties and their rental arrangements

Contract Act Principles: Legal principles governing the termination of agreements and contractual obligations

Security Deposit Regulations: Rules governing the handling and return of security deposits in rental agreements

Notice Period Requirements: Mandatory notice periods for termination of rental agreements under Singapore law

Property Handover Requirements: Legal requirements for property condition assessment and handover procedures

Utility Settlement Guidelines: Requirements for settling utility bills and transferring utility accounts during rental termination

HDB Rental Guidelines: Specific rules and requirements for rental termination in HDB properties

URA Guidelines: Urban Redevelopment Authority guidelines affecting private residential property rentals

Commercial Tenancy Regulations: Specific regulations governing the termination of commercial property leases

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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