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Early termination. We have two year lease contract, but due to the need of bigger space we asked Agent for early termination, they agreed and we provided the date of our last stay. Understood that we will not be getting any from the deposit, but we assisted also on viewings and agent didn't come. Now agent visited and saying, we cannot terminate the contract unless new tenant comes in, and even if we move out we still need to pay rent until new tenant comes in.
TA says 'If the Tenant is in breach of any clause and /or terminates this tenancy prematurely, then the Tenant shall reimburse the Landlord commission paid to the Agency on a pro-rata basis for the remaining unfulfilled term. The Landlord has the right to deduct such reimbursement of the commission from the security deposit as stipulated by Clause 2 above. The Landlord is also entitled to compensation for losses incurred as a result of the early termination'... can you advise and confirm if we really cannot use this clause for early termination? And that we can move out without us being charged of any rent after moving out? Appreciate the advise.
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4 Answers

Hi, as the contract states, the landlord is entitled for compensation of losses incurred as a result of the early termination, which is the lost of rental during the period that you have moved out and the new tenant have yet to move in, which will mean that you are obligated to pay for the rental till a new tenant is found.

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Mani Subramanian Veeramani
Hello,

Thank you for reaching out with your question about early termination of your lease. Here are some points to consider based on the terms you shared:

- The clause in your Tenancy Agreement (TA) specifies that the tenant must reimburse the landlord for the commission paid to the agency on a pro-rata basis and compensate for any losses due to early termination.
- The TA doesn't clearly state that you can terminate the lease without a replacement tenant. It mentions compensation for losses, implying continued rent until a new tenant is found.
- It seems the agent has the right to require you to continue paying rent until a new tenant is secured, as this would be considered a loss to the landlord.

For a more definitive answer, I recommend consulting with a legal professional or a property expert who can review your TA in detail and provide personalized advice.

If you need further assistance with finding a new tenant quickly or understanding your rights and obligations better, feel free to reach out to me directly. I am here to help you navigate through this situation smoothly.

Thank you.

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Here are some things to consider:

Financial Repercussions: Moving out without following the proper termination process could lead to you being liable for rent until a new tenant is found, and potentially additional fees as outlined in the TA.
Security Deposit: The clause you mentioned suggests the landlord might deduct their commission and compensation from your security deposit for early termination.
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1
Here are some things to consider:

Financial Repercussions: Moving out without following the proper termination process could lead to you being liable for rent until a new tenant is found, and potentially additional fees as outlined in the TA.
Security Deposit: The clause you mentioned suggests the landlord might deduct their commission and compensation from your security deposit for early termination.

>>WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh >>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1

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