The Termination Of Rental Agreement Form is a crucial document in Singapore's property rental ecosystem, designed to facilitate the proper conclusion of tenancy arrangements. This document becomes necessary when either party wishes to end the rental agreement, whether at the natural end of the lease term or through early termination. It incorporates requirements from Singapore's Residential Tenancies Act and Civil Law Act, ensuring all necessary aspects of the termination are properly documented, including notice periods, property condition assessments, and financial settlements. The form serves as official documentation of the agreed termination terms and helps prevent future disputes.
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1. Parties: Details of landlord and tenant, including full legal names and addresses
2. Background: Reference to original lease agreement and reason for termination
3. Definitions: Key terms used in the termination agreement
4. Termination Date: Specific date when the tenancy will end
5. Property Details: Full address and description of the rental property
6. Handover Procedures: Process for returning keys and inspecting property condition
1. Early Termination Fee: Required if termination occurs before lease end date - includes calculation and payment terms
2. HDB Specific Provisions: Additional requirements and compliance matters for HDB properties
3. Utility Transfer: Procedures for utility account closure and transfer of accounts back to landlord
1. Property Condition Report: Documented state of property at termination including photographs and condition assessment
2. Inventory List: List of furniture/items to be returned/checked during handover
3. Outstanding Payments Schedule: List of any remaining payments or deductions from deposit
4. Handover Checklist: Detailed list of items to be checked during property handover including keys, access cards, etc.
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