Asked by
We had a 2yr HDB rental contract that expired in May 2014. We entered into an extension contract with the owner for 18mths (max set by HDB) that expires in Nov 2015. We did not use any agent for the extension, the owner drafted the extension agreement and made the arrangements with us directly. Furthermore, we did not pay any agent fee on the initial 2yr contract as it was the owner who paid the agent.
However, we wish to preterminate the extension contract wef Dec 2014. Questions:
1. Is the deposit forfeited (we gave the owner 2mths' notice)?
2. Is the deposit forfeited if we manage to find replacement tenant for the duration of the rental agreement
3. Are we liable to pay agent commission fee for putting up the unit for rental?
3. Are we liable to pay rental for the remaining months of the contract?

Thanks in advance for answering the question.
0
1335 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

Dear tenant,

Without understanding the terms and conditions of your tenancy agreement, there is no way we can give any advise, and this is something why engaging te services of a professional salesperson can come in helpful in all rental transactions, even if it means to pay a service fees for the professional service, because you never know when you will require such advises (just like buying insurance). Any outcome from your situation will greatly depends on the tenancy agreement and your landlord.

Under these circumstances where legal consequences may arise, a lawyer may probably be the best person to advise you if landlord and yourself are unable to come to resolution.

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

Regards,

Geryl LIM
Real Estate Director
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

Home
Masters Of Real Estate
M.O.R.E Property Pte Ltd (L3010548F)
223 Mountbatten Road #01-01
Singapore 398008
P: +65-64448000 
F: +65-64448010 

M.O.R.E Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "MORE Landed7772" in Mobile Apps Store or Play Store now!

UK Hotel Investment opportunities from only £54k. Trusted brand name with 7% returns over 2 years at least and sound exit strategies. Low quantum hassle free investment programs for you. Find out more today! Read More
0
Evening,

As the TA was drafted by your landlord, the content might differ from the standard TA that most agencies are using. Without understanding the content, I doubt any agents or even lawyers will be able to advise you accordingly.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions