How long is a typical tenancy agreement?

How long is a typical tenancy agreement?

Most people in Singapore sign either a 1-year or 2-year lease. Whilst a 1-year lease gives you flexibility, a 2-year lease makes it easier to negotiate a better rental price and in most instances where your rental budget is over … Continued
What is a Letter of Intent?

What is a Letter of Intent?

The Letter of Intent in Singapore typically serves as an intermediary between viewing the property and negotiations, and formally signing the Tenancy Agreement. This is a non-binding agreement stating your interest to rent an apartment. This is generally accompanied by … Continued
What is a tenancy agreement? 

What is a tenancy agreement? 

A Tenancy Agreement is a formal letter to indicate the Landlord’s terms and conditions on letting out his property. You and your respective agents will have to sign it. Most Tenancy Agreements include clauses relating to the right and responsibilities … Continued
How do I protect my security deposit? 

How do I protect my security deposit? 

Sometimes called a damage deposit, the security deposit is a sum of money passed to your Landlord, usually when you sign your Tenancy Agreement. To protect your security deposit, follow these steps: Pay your rent on time and in full … Continued