Document background
The Termination Of Storage Agreement is used when parties wish to formally end their storage arrangement in Singapore. It's particularly important when significant goods are involved or when there's a need to clearly document the return of stored items and settlement of accounts. The document addresses key aspects required under Singapore law, including termination dates, payment settlements, and liability releases. It can be used for various storage situations, from commercial warehousing to personal storage units, and ensures compliance with relevant Singapore legislation including the Contract Act and Warehousemen's Liens Act.
