Leases – Singapore property for rent/ sale
The lease will either provide specific provisions regarding the responsibilities and rights of the lessee and lessor, or, through implied covenants. In general, by paying the negotiated fee to the lessor, the lessee (also called a tenant) has possession and use of the leased property to the exclusion of the lessor and all others except with the invitation of the tenant. Singapore property for rent/ sale.
The most common form of real property lease is a residential tenancy agreement between a landlord and a tenant. The relationship between the tenant and the landlord is called a tenancy, and the right to possession by the tenant is sometimes referred to as a leasehold interest. A lease is normally for a fixed period of time.
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