2 Answers

Hi Jason,

Simple analogy, if we sign a mobile phone plan with the service provider for a 2 year plans without exit terms, and we decide to terminate the plan after 1 year, by right we are supposed to compensate the telco for breaching the terms.

The issue here now will be if we decide not to pay the telco, how does the telco enforce the legal aspects of the contract?

The answer lies in engaging a lawyer to issue a legal letter where they are in a position to enforce legal agreement. I am assuming that the tenancy agreement has been sent for e-stamping therefore it will be in the landlord's interest to engage a legal professional for enforcement of the terms if landlord deems it is appropriate.

For some, the amount of legal fees involved in enforcement is bigger than the amount to be compensated, where landlords may find it not worthwhile to go after and instead focus on getting the premises ready for the next tenant.

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Regards,

Geryl LIM
Consultant - Director
Century 21
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www.geryllim.com
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