Asked by TATA
As Landlord, is it reasonable to expect agent to return me the commission paid if Tenant do not fulfill the full term eg. 2 year lease?
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3 Answers
Hi Tata,
It really depends on what has been agreed upon between you and your agent.
In most cases of early termination of leases (or break lease), the tenant should bare the pro-rated amount of the broker's fees besides any other penalties that may be imposed by landlord.
Best Regards
Steven Chua
ERA
Mobile : 81883133 Read More
It really depends on what has been agreed upon between you and your agent.
In most cases of early termination of leases (or break lease), the tenant should bare the pro-rated amount of the broker's fees besides any other penalties that may be imposed by landlord.
Best Regards
Steven Chua
ERA
Mobile : 81883133 Read More
Hi TATA,
In usual cases for break lease, tenants will need to pay back to the landlord the commissions paid to the agent on a pro-rated basis where it is usually indicated in the tenancy agreement, however, there are also many cases where landlords allow the tenants to look for someone else to takeover lease subjected to landlord's approval.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 Read More
In usual cases for break lease, tenants will need to pay back to the landlord the commissions paid to the agent on a pro-rated basis where it is usually indicated in the tenancy agreement, however, there are also many cases where landlords allow the tenants to look for someone else to takeover lease subjected to landlord's approval.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 Read More
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r***@live.frRepliedThere is a clause regarding early termination, which is conditioned by finding another tenant to take the lease. Furthermore, the landlord accepted that solution. In that case, is the landlord allowed to ask me to pay agent fees ?
- Since there is no early termination or replacement clause in the tenancy agreement, landlord does not need to accept you to look for a replacement tenant even if you have a genuine reason to terminate your agreement early. In fact, the landlord even reserve the right to sue the tenant for the balance amount of rental that has not been consumed, for example if you have signed a 12 months lease but only stayed for 6 months, landlord can claim you for the balance 6 months that has not been consumed.
- Hello,
I had to break my lease early for work reason. However I found another tenant to take over the lease right after I leave. Is my agent (the renting company) allowed to ask me to pay agent fees (100$/month unfulfilled) ?
Regards - If there is no clause for premature termination of lease, then there should be no breaking of lease allowed, therefore the tenant need to pay whatever amount of rental that is not fulfilled in the tenancy agreement, but landlord will need to enforce this through proper legal channels. Commission paid is usually non-refundable unless you have an agreement for this with agent. If agent has failed in his or her duty as a salesperson to you, then you can officially lodge a complain with the authorities.
- if the agent did not this part to the landlord that usually tenant shld bear the commisson as this wasnt share to me at all.
In typical situations, when a tenant breaks a lease early, they are usually required to reimburse the landlord for the pro-rated portion of the agent’s commission. This provision is typically outlined in the tenancy agreement.
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----------------------------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 (65) 98 56 92 55 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!
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