1 Answer

Phua Choon Teck Sunny

Before accepting the Letter of Intent and deposit, the terms and condition in the Letter of intent must be understood and agreed to . Anything unsure must be clarified before accepting the deposit and the Letter of Intent. In most case, the Letter of Intent will state the terms and conditions subject to contract (Tennacy agreement) and the consequences if the tenancy agreement cannot be agreed upon by both parties within a stipulated period.

In your case, it is advisable to fall back to the terms and conditions in the Letter of intent in this situation.

All the best.

Sunny Phua
CEA Reg No. R031750D
M: 81685708
sunny.phua@orangetee.com Read More