Are you searching for a rental agreement Singapore sample? Look no further! A rental agreement is a legal document that outlines the terms and conditions of a rental agreement between a landlord and a tenant. It is essential to have a written rental agreement to avoid any misunderstandings or disputes that may arise during the tenancy.
To help you get started, we have put together a comprehensive rental agreement Singapore sample that you can use as a template for your rental agreement.
The rental agreement is between the landlord, [name of the landlord], and the tenant, [name of the tenant].
The property that is being rented is located at [full address including unit number], Singapore.
Term of Tenancy:
The term of the tenancy will begin on [start date] and will end on [end date]. The tenancy will automatically renew for another period of [duration of renewal (e.g., 6 months)] unless the tenant gives notice of termination at least [notice period (e.g., 2 months)] before the end of the then-current tenancy period.
The monthly rent for the property is [amount in SGD]. The rent is due on the [due date (e.g., 1st of each month)]. Late payment will result in a late fee of [late fee in SGD]. The rent should be paid by [method of payment (e.g., bank transfer, cheque)]. If the rent is not paid within [grace period (e.g., 5 days)] of the due date, the landlord may terminate the lease.
The tenant will pay a security deposit of [amount in SGD] to the landlord. The security deposit will be used to cover any unpaid rent, damages or any other expenses the tenant may owe the landlord at the end of the tenancy. The security deposit will be refunded to the tenant within [timeframe (e.g., 14 days)] after the tenancy ends, provided that the property is returned to the landlord in the same condition as at the start of the tenancy.
Maintenance and Repairs:
The tenant is responsible for maintaining the property and its fixtures and fittings during the tenancy. Any repairs or maintenance required due to damage caused by the tenant`s negligence or failure to report issues will be charged to the tenant. The landlord will be responsible for any major repairs that are needed due to normal wear and tear.
Either party may terminate the tenancy by giving [notice period (e.g., 2 months)] notice in writing. The notice must be given before the end of the tenancy period. If the tenant terminates the lease early, the tenant will be responsible for paying rent until the end of the notice period or until a new tenant is found and has moved in, whichever comes first.
Having a rental agreement is essential to protect both the landlord and the tenant. It ensures that both parties understand their rights and responsibilities during the tenancy. We hope that our rental agreement Singapore sample helps you to create your own rental agreement and have a successful tenancy.