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In 2 years of rental agreement with 2 months of deposit paid, after one year of termination how much deposit we loose?there is also an escape clause which says if we are transferred to other country (relocation) we escape from continuing to stay until 2 years.please answer.
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4 Answers

Evening,

The deposit is non-refundable should the tenant breaks lease before the contract is being fulfilled. The diplomatic clause doe allow the tenant to terminate the tenancy upon fulfilling the minimum required number of months without the need for compensation.

FYI
Mike Lim
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Dear Mrs Ranganathan Kousalya,

In most tenancy I have handled, suppose that you have rightfully triggered the diplomatic clause, there should be no compensation to landlord, except for reimbursement to landlord for the agent fees paid to his/her agent on a pro rated basis. Nevertheless, this could vary from different tenancy therefore do check with your legal representatives if you are unsure.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

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Robbie Chen Chee Howe
Hi,

If there is a diplomatic clause in place in the Tenancy Agreement, and you have fulfilled it, the Landlord is not supposed to confiscate your security deposit.

Do speak to the Landlord or your representative with regards to matters of your lease.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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GAN ENG JOO ONASSIS
Dear Ranganathan,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

If you broke the tenancy agreement before completion date. You will required to pay back the agent fee of Pro-rate basis. Nothing much will be received based on your case.

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