Tenancy Agreement Singapore In Chinese

As a general rule, unless the lease is otherwise required, there is no obligation for the lessor to offer concessions such as rent rebates or pandemic waivers, and the tenant remains bound by his obligation to pay the rent immediately under the tenancy agreement. Most leases contain a force majeure provision for circumstances in which unexpected external events prevent a party from exercising its obligations. In these circumstances, the party concerned may be entitled to an exemption, including the suspension of contractual obligations; excluding certain debts for non-performance or delay; and even termination of the contract in limited situations. Most commercial tenancy agreements do not offer prior concessions to the tenant, do not set a landlord`s obligations in situations such as the onset of an illness, or do not identify the party that bears the costs of complying with state rules. To cite a parallel example in Hong Kong, during the 2003 SARS outbreak, in the case of Li Ching Wing/Xuan Yi Xiong [2004] 1 HKLRD 754, the Tenant argued that the lease had been thwarted by an injunction to isolate the premises from the authorities, making it uninhabitable for 10 days. However, in light of the circumstances, the courts ruled that ten days of a 24-month tenancy agreement (in which the tenant was 13 months old) constituted an insignificant duration. The courts also found that while the occurrence of SARS may be considered an unpredictable event, such an event did not go so far as to radically alter the rights and obligations under the lease. The exercise of a force majeure clause in leases may involve a suspension of the rent or part of it or the right to terminate the lease in extreme cases. Nevertheless, all parties are stakeholders in the business ecosystem they share and it is wise for the lessor and tenant to work together to overcome these difficult times, as the costs and uncertainty associated with terminating a lease and acquiring a new tenant may be higher. It is therefore encouraging to see that Singapore`s commercial landlords recognize this commercial reality and that landlords and tenants are geared towards combating COVID-19.

(iii) Grace period – landlords may consider making concessions (as they appear to be doing at present) and be lenient with their tenants to give them time during the difficult times. This recognizes the reality that the imposition and termination of a lease in a down-market is a situation of loss of tickets for landlords and tenants. All the more so since he risks losing a tenant who was previously compliant for the duration of the lease and replacing it with an unknown party. The starting point is the legal obligation and rights of the parties between the lessor and the tenant in the tenancy agreement between the parties. Apart from the Good Faith deposit, the next amount the tenant would have to pay in advance would be the surety. This will be paid for when TA is signed, with the agreement of both parties on the terms set out below. The deposit is usually an increase in the monthly rent, and can be used to pay for the last month of stay. It can also be transferred from the Good Faith Deposit. Lawyer Wilbur Lua of Covenant Chambers said that leases generally do not grant landlords the common right to distribute their tenants at their discretion. As a general rule, a landlord can only evict his tenant if there is a substantial breach of contract, for example.B.

if the tenant does not pay his rent or has illegally sublet the unit. Lawyer Boon Teck of Wong Chambers said that in eviction cases on the basis of conditions that are not covered by the tenancy agreement, tenants can sue their landlords in the Small Claims Court or sue the landlords in state courts for a breach of the lease.