The Rental Termination Form is a crucial legal document used in Singapore's property rental market to formalize the end of a tenancy agreement. This document becomes necessary when either party wishes to terminate the lease, whether at the end of the term or through early termination provisions. It includes essential details such as termination date, security deposit arrangements, utility account closures, and property handover specifications. The form ensures compliance with Singapore's rental laws and provides both parties with clear documentation of the termination terms and conditions.
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1. Property Identification: Full details of the rental property including address and property type
2. Parties Details: Complete identification of landlord and tenant including full names, identification numbers and contact details
3. Termination Declaration: Formal statement of termination including the effective date and reference to original tenancy agreement
4. Notice Period Confirmation: Statement confirming that required notice period has been given in accordance with the original lease terms
5. Security Deposit Arrangements: Details of security deposit return process, timeline, and any deductions if applicable
6. Handover Arrangements: Specific details about property handover process including date, time, and key return
7. Signatures: Space for both parties to sign and date the termination form
1. Early Termination Provisions: Details of penalties or compensation if termination occurs before the original lease end date
2. Utility Transfer Instructions: Procedures for closing or transferring utility accounts registered under tenant's name
3. Outstanding Payments: List of any pending payments, pro-rated rent, or utility bills to be settled
4. Property Reinstatement Requirements: Specific conditions for property restoration and repair obligations
1. Property Condition Report: Detailed documentation of property condition at time of termination notice
2. Handover Checklist: Itemized list of keys, access cards, and other items to be returned
3. Payment Settlement Schedule: Breakdown of final payments, deposit deductions, and refunds
4. Utility Readings Record: Final readings of utilities for account closure purposes
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