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Posts Tagged ‘rent’

Singapore Property Business In Singapore , Singapore Real Estate

November 9th, 2009 No comments

Singapore is a place where property is very precious but there are some places where you can find cheap places in decent localities. It could be for anything- personal, business, organization, etc. Property is valuable everywhere and whatever a person does in his life his main goal is to buy a place for his future.If you are looking forward to buy a place in Singapore then you must concentrate on various aspects

Real estate business in Singapore is thriving and every day people are buying huge acres of land by making the Singapore property compared to golden land. Yes, this is true that many of the people who want to do business are looking for places far from the city.

If you notice, then you can find industries, factories, etc out of the city limits.The only reason is to boost real estate business in Singapore and to look forward for better options in business dealings and therefore, many property agents in Singapore have great business depending on the property value and the place.

Singapore property is reaching heights and its touching skies.The population of the world is increasing every day by making things damned.Therefore, if you really are serious and looking forward to get a property in Singapore, do not wait because you have to get something in your life.

Imagine you and your space with your family! Use the directory and start fishing for Singapore Property Agents and contact one of the units to obtain a good place in Singapore. There are many people who want to do business, but wait and reduce property taxes. You can also down to business. It is not mandatory to buy a condominium in Singapore.

This is the time of recession and is considered as one of the best times in terms of Singapore property dealing.This is because the rates are down currently and if you wait for more, then the rates will hit back and your dreams will become unfulfilled dreams.

Therefore, contact any of the property agents in Singapore to get a piece of property in Singapore. This is really very important for you to plan and decide as quickly as possible and do not let any of these properties go out of your hand forever.

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Benefits Of A Tenancy Agreement

August 31st, 2009 No comments

A Tenancy Agreement can be defined as an agreement or a treaty between two parties i.e. the tenant and the landlord. It is a contract, which allows the tenants to occupy the property or a house, and authorises the landlords to receive rent for letting their property.

The contract is signed as a legal formality and is a proof of the tenancy, in order to avoid any disputes between the parties after the property has been occupied. The tenancy agreement can be both oral and written. However, it is advised to have it written, since the oral agreement results in many arguments and clashes, as it cannot be verified. As a written document, the contract is more authentic as a proof of the consent. In case of problems, you can easily approach to the authorities with the agreement.

The contract for the tenancy should follow certain guidelines. It should be designed as per the rules imposed in a country. It will not be any good if it does not focus on all the legal formalities. Both parties are eligible for certain benefits, if they design the agreement as per the law of the country and are accountable as well in case of violation.

Each point of the tenancy contract should be clearly mentioned separately in points to avoid any misunderstanding in the future, which in the end will be signed by both parties, proving their consent. A third person, who acts as a guarantor should be present at the time of the agreement, since he will be responsible for making sure that every month’s rent is being paid as per the defined time line and due dates. The starting and ending date of the tenancy should be clearly mentioned in the contract as well.

The payment that the tenant has to submit to the owner, has to be stated in both words, as well as numbers next to the agreed due date for the payments. The owner of the property will then give a written testimonial about the security deposit that he has the right to keep till the tenure of the tenancy. Even the amount of the security deposit has to be in words as well as in numbers.

The way through which the owner will receive his monthly payment, should be clearly mentioned in the agreement. The owner can either agree to receive payments directly, by cheque or cash, or any other way upon which they agree. If the payment is to be done through a third person, it has to be mentioned too in order to have a documented proof of all details.

Other important details and points, such as the tenant being responsible for paying all utility bills on time, paying for the reconnection of any certain facility, if it is disconnected etc. are must to be mentioned in the agreement. The agreement will also contain the point stating the tenant’s duty to maintain the house in a good condition and not using it for any illegal purposes. Another point will be stated about the owner of the property to be responsible for paying all the refurbishment and repairing charges, the property’s insurance and the taxes.

The tenancy contract proves to be a record of all mutual agreements decided by both parties, and hence, they are bound to abide by it in order to avoid any disputes.

James Harrison is a real estate expert and has written many books on this subject, to know more about leftbank apartments please visit his recommended websites