Lease Duration

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ComingSoon
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Lease Duration

Post by ComingSoon » Thu, 17 Jan 2013 4:57 pm

Hi,
We have a 2 year EP, but won't actually move to Singapore until 2 months have expired on our EP. Is it possible to ask the LL to do a 10 month or 22 month 1st lease, with subsequent ones as the traditional 12 or 24 months? Are issues like this common?

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beppi
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Post by beppi » Thu, 17 Jan 2013 10:48 pm

It is possible, but unusual to have contract durations other than multiples of 12 full months. You might have to persuade the landlord to agree to this - e.g. by offering a higher rent in exchange.
You are unlikely, though, to find such flexibility and goodwill through a property agent - so better search on your own!

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Saint
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Post by Saint » Fri, 18 Jan 2013 9:26 am

Sign a 2 year lease and use the Diplomatic Clause to leave after 22 months

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