Download Rent Release Form - Singapore

Rent Release Form for Singapore

Rent Release Form Template for Singapore

A Rent Release Form under Singapore law is a legal document that formally terminates a rental agreement between landlord and tenant, releasing both parties from their ongoing obligations under the lease. The document addresses the return of security deposits, confirms the property's condition, settles any outstanding payments, and provides mutual releases from future claims. It complies with Singapore's property and contract laws, including the Conveyancing and Law of Property Act.

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What is a Rent Release Form?

The Rent Release Form is essential when formally concluding a rental arrangement in Singapore. This document is typically used when a lease is ending either at its natural conclusion or through mutual agreement. It protects both landlord and tenant by clearly documenting the termination terms, property condition, security deposit settlement, and mutual releases. The form ensures compliance with Singapore property laws and provides clear evidence of the proper conclusion of the landlord-tenant relationship.

What sections should be included in a Rent Release Form?

1. Date and Parties: Identification of landlord, tenant, and property details

2. Release Statement: Clear statement of mutual release from lease obligations

3. Security Deposit: Details of deposit return or deductions

4. Property Condition: Confirmation of property condition and any damage assessment

5. Keys Return: Confirmation of return of all keys and access devices

What sections are optional to include in a Rent Release Form?

1. Outstanding Payments: Section addressing settlement of any remaining rent or utility payments

2. Reinstatement Works: Section detailing any required restoration work to be completed

3. Forwarding Address: Section for new contact details for former tenant for future correspondence

What schedules should be included in a Rent Release Form?

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

2. Schedule 2 - Utility Bills Settlement: Final readings and payment confirmations for utilities

3. Schedule 3 - Photographic Evidence: Photos documenting property condition at time of release

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

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Free to use

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Residential Real Estate
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Real Estate
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Property Manager
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What is a Rent Release Form?

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What schedules should be included in a Rent Release Form?

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