What are some of the common issues faced by landlords and tenants?

Reading Time: 4 minutesIt is the last month of tenancy – can the Tenant request that the Landlord deduct the rent from the Security Deposit? It is a common request that the Landlord may receive towards the end of the tenancy.  The Landlord must bear in mind that there are a variety of reasons for the collection of […]

enblocsales_asialawnetwork
Building a Sustainable Enbloc Sale Market: Keeping Expectations Realistic

Reading Time: 4 minutesAuthored by Kenneth Szeto and Benjamin Hong of Withers KhattarWong LLP Singapore was gripped with enbloc sale fever in the first half of 2018, a momentum that started gathering since early 2017, beginning with the Shunfu Ville transaction. The period witnessed the successful closing of several big ticket – near billion dollar – deals. We […]

What happens to property that is left out of a will (residuary property)?

Reading Time: 5 minutesWriting a will is vital to ensuring that a person’s property and assets are distributed according to his/her wishes upon death. However, there are times when specific property or assets may be inadvertently left out of one’s will. This may occur, for example, when the person making the will (the “testator”) had not specifically provided […]

commercial leases_asia law network
The Commerical Leasing Do’s and Dont’s in Australia

Reading Time: 3 minutesAlmost every business has at least one lease. Leasing is a major overhead often not very well understood by business tenants. Learn how to get more out of your lease from the below do’s and don’ts. Do’s of Commercial Leasing Do shop around It goes without saying that it is worthwhile to hunt around for […]

performance bonds_asia law network
Building and Construction: How Do Performance Bonds Work?

Reading Time: 4 minutesDid you know that performance bonds date all the way back to 2,750 BC? One might be surprised by the longevity of the performance bond, but this underlines its commercial usefulness, particularly in the context of building and construction. Although it may seem complicated and technical to most people at first blush, the performance bond […]

commercial leases vs retail leases_Asia Law Network
Commercial Leases vs Retail Leases in Australia

Reading Time: 3 minutesDo you know if your business has a commercial or a retail lease? Were you aware there is a difference between the two? If not, don’t stress. Many of our clients are in the same boat. A lease is an agreement that sets out the rights and obligations of the tenant and the landlord of […]

common terms in sale and purchase agreements_asia law network
Buying a Property in Singapore and unsure of terms?

Reading Time: 7 minutesSingapore has one of the highest home ownership rates globally (about 90% of the population). As such, most Singaporeans will be involved in at least one property transaction in their lifetime. Purchasing or selling a property for the first time can be a daunting experience, especially when one is confronted by the mountain of legal […]

Security of Payment Act: How to Claim Progress Payment for Work Done

Reading Time: 8 minutesIn 2005, the government introduced the Security of Payment Act (SOPA), in a bid to improve cash flow in the construction industry and provide an efficient and low-cost dispute resolution mechanism for payment disputes. This has had significant impacts on construction companies, particularly small and medium-sized companies that need to maintain their cash flow, but […]

A Guide to Sub-Contracts in the Building and Construction Industry

Reading Time: 4 minutesIn 2018, the construction demand in Singapore was projected to increase to up to $31 billion. This growth of the building and construction industry in Singapore is accompanied by an increasing complexity in the design and architecture of the buildings, such as the increasing emphasis on high-rise greenery coverage. This means that it is likely […]

buy or sell agreement_asia law network
What is a Buy or Sell Agreement?

Reading Time: 3 minutesA Buy/Sell Agreement (often called a Business Succession Agreement or Buyout Agreement) is a contract that allows for the future payout or sale of your business interests to your business partner(s) upon the occurrence of a trigger event. Typical trigger events include the death or disablement of one of the business partners. Buy/Sell Agreements are […]

HDB_Flat_Singapore (Neighbour_Dispute)
Tenancy Agreements: Common Terms And What They Mean

Reading Time: 7 minutesHave you, your friend, or family member ever had to rent an apartment in Singapore? If so, you would have had to sign a tenancy agreement. What is a tenancy agreement? It is a contract between a landlord and a tenant. What does this contract entail? In this contract, the landlord is essentially agreeing to […]