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chrisxian
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by chrisxian » Mon, 11 May 2020 9:01 pm
Hi, can I inquire regarding my friend. He lost his job and can’t afford to pay the remaining rent for his studio unit. He plans to run away from the rental. Would this be a reason for him to be blacklisted from Singapore? and would this also cause a problem if he later on wants to get a Certificate of Cleaeance/ Police Clearance?
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PNGMK
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by PNGMK » Mon, 11 May 2020 9:05 pm
No, no.
He may end up with some sort of court judgement but this is unlikely. Even if he does it's a civil court judgement and unlikely to be successfully executed overseas unless it's a lot of money (>$10,000 at a guess).
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or
http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
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chrisxian
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by chrisxian » Mon, 11 May 2020 9:14 pm
Bases on his story, he is left with three months. If the 1 month deposit would be deducted he would be just owing 2 months worth.
Any idea on the worst thing that could happen to him if he decides to go back to SG?
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x9200
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by x9200 » Mon, 11 May 2020 9:27 pm
chrisxian wrote: ↑Mon, 11 May 2020 9:14 pm
Bases on his story, he is left with three months. If the 1 month deposit would be deducted he would be just owing 2 months worth.
Any idea on the worst thing that could happen to him if he decides to go back to SG?
He may have to pay all what he owns, plus compensation, plus legal costs, plus interests.
There is also a chance he may be chased in his own country, although for a few thousands I guess it's pretty unlikely, even with selling the debt to some debt collectors.
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PNGMK
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by PNGMK » Mon, 11 May 2020 10:59 pm
There have been rare instances of Landlords pursuing debt overseas. Personally I think it's unlikely. I think this is going to be a common story for the next six months.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or
http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
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x9200
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by x9200 » Tue, 12 May 2020 12:31 pm
PNGMK wrote: ↑Mon, 11 May 2020 10:59 pm
I think this is going to be a common story for the next six months.
I think so too, and I wonder how the courts (if it gets to this stage) will see the cases. If someone has still good 6-12 or more months to go. With the current economy and hiring situation it may be very difficult for the LLs to find a new tenant. For the OP with only 3 months left, no major difference though.
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PNGMK
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by PNGMK » Tue, 12 May 2020 1:56 pm
Remember some LL's are getting mortgage releif until Dec under MSA rules.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or
http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
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tt1973
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by tt1973 » Fri, 15 May 2020 8:56 pm
Why not advise your friend to negotiate with the Landlord about vast reduction in rental?
In this unprecedented time, Landlord must have factored in the difficulty in procuring new Tenant and may agree to the deduction.
Keep us updated, it will be interesting to see what it leads to.
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therat
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by therat » Sat, 16 May 2020 11:52 am
PNGMK wrote: ↑Tue, 12 May 2020 1:56 pm
Remember some LL's are getting mortgage releif until Dec under MSA rules.
I think this is fr commercial and industrial lease.
I google, not able to find anything mentioned about residential relief
https://www.straitstimes.com/politics/c ... y-pandemic
https://www.gov.sg/article/temporary-re ... bligations
Edit
I found this
What types of contracts are covered by the COVID-19 Act?
In this article, we specifically look at how the COVID-19 Act applies to the following contracts which landlords had entered into before 25 March 2020:
Leases or licences of non-residential immovable
property. Such contracts include leases of office premises, retail shops and industrial and warehouse spaces but
exclude residential property; and
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x9200
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by x9200 » Sat, 16 May 2020 12:36 pm
therat wrote: ↑Sat, 16 May 2020 11:52 am
PNGMK wrote: ↑Tue, 12 May 2020 1:56 pm
Remember some LL's are getting mortgage releif until Dec under MSA rules.
I think this is fr commercial and industrial lease.
I google, not able to find anything mentioned about residential relief
https://www.straitstimes.com/politics/c ... y-pandemic
https://www.gov.sg/article/temporary-re ... bligations
Edit
I found this
What types of contracts are covered by the COVID-19 Act?
In this article, we specifically look at how the COVID-19 Act applies to the following contracts which landlords had entered into before 25 March 2020:
Leases or licences of non-residential immovable
property. Such contracts include leases of office premises, retail shops and industrial and warehouse spaces but
exclude residential property; and
By the way: if you think that the clear regulations are going to stop the office/shop space LLs to at least attempt to scr*ew their tenants think twice. I wonder if the property tax relief for the LLs is unconditional or they have to document they provided some relief to the tenants?
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