Tag: deposit

ministry of law property buyers developers deposits covid-19

New Covid-19 law protects deposits paid by property buyers to developers

On 13 May 2020, the Singapore Ministry of Law (MinLaw) has put in place further legal provisions to protect eligible property buyers from penalties that arise from being unable to fulfil legally-binding contracts amid the Covid-19 pandemic. The Covid-19 (Temporary Measures) Act, which these provisions fall under, now includes two additional contracts (i) Option to…

security deposit cover

Foreign tenant’s security deposit withheld by landlord – is there any truth to this?

For the month of October 2017,  99.co is collaborating with Asia Law Network to bring great property-related legal content to readers written by Asia Law Network Premium Lawyers. In the third topic of the series, we bring you a few different views pertaining to the subject of the withholding of a foreign tenant’s security deposit by the landlord. Fact or…

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