Can I get the security deposit back?
I made a contract for renting a condo - 2 years lease including "diplomatic clause" in April this year - S$2,500 monthly. But my employment pass expires in October and there is no chance to extend the EP. So I must leave Singapore after living in this condo for only 5 months. In this case,How much can I get the security deposit? Could you tell me an advice in detail ? I append the following two articles for your reference. (i) Notwithstanding the tenancy is for a term of 2 years it may be only determined after a period of 12 months if the tenant shall be required to leave Singapore permanently on a job transfer or if tenant's employment is terminated. (j) If this Agreement should be lawfully terminated before the expiry of the tenancy herein aforesaid,the Tenant shall refund to the landlord,pro rata,the commission paid by the Landlord to his real estate agent. The landlord shall be entitled to deduct such refund from the deposit held by the landlord.
Public Comments
- I think if you break the lease you dont get your security deposit back..
- I would suggest that you offer to pay for the advertising for a new tenant. They are not required to give you the security deposit back because it's considered a breach of the lease agreement. If you show a willingness to work with them and help them find a tenant, they might be willing to work with you so you can get your deposit back. I would talk to your landlord or the property management company and offer to work with them on finding a new replacement tenant. The level of ease or difficulty of finding a replacement depends on the rental market in your area. Also the person that controls the lease might be difficult to work with. I would suggest explaining the situation, and it might even take several times before they agree. Keep a cool head and try to negotiate a winning solution for both of you.
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