Document background
The Sublease Termination agreement is essential when parties wish to formally end their sublease arrangement in Singapore before its natural expiration. This document is particularly relevant when circumstances require early termination, such as business restructuring, relocation, or mutual agreement to end the arrangement. It addresses crucial elements including property handover, security deposit refund, outstanding payments, and compliance with Singapore property laws. The agreement ensures proper documentation of the termination process and helps prevent future disputes by clearly defining each party's rights and obligations during the termination process.
