What happens if your lease does not include these clauses or if you are in a difficult situation to terminate your lease before it expires? What options do you have then? The basic principle of Dutch lease law is that the tenant must be considered a “weaker party”. Often, legislation concerning leases is mandatory and the parties, especially the owners, cannot deviate from this legislation by agreement. The mandatory nature of this law is clearly reflected in the rules on how to terminate a tenant`s lease. Some landlords are understandably reluctant to include a diplomatic clause in Thailand unless they are convinced that they can easily replace the tenant. Many apartment buildings have close ties to multinationals in exchange for the inclusion of a diplomatic clause. Owners of a single property are also less enthusiastic as they worry about the sudden loss of income. This is where 1D Property can help. We can sometimes convince the owner of quality clients looking for a home in Bangkok because of our constant flow. Compensation is a promise by X to pay for any losses that Y may incur as a result of X`s actions. This most often occurs in leases in the form of a promise by the tenant to compensate the landlord for any loss the landlord may suffer as a result of the tenant`s actions. For example, if the landlord is subject to penalties for violations of applicable laws or regulations because the tenant has incorrectly installed or performed certain work, the tenant must pay the landlord the amount that the landlord has punished.
This is often the last point mentioned above, where disputes arise. Once the lease is signed and approved, the lease can only be terminated if the landlord or tenant indicates this in advance and reasonably in advance. The notice period corresponds to the duration of the rental period and the frequency of payment of the rent. In the case of rentals in which rent is paid monthly, the reasonable notice period should be one month. In most cases, one month is the minimum notice period. Leases are distorted in favor of the owner in order to ensure a secure income for the entire rental period. This is misconduct propagated by agencies. Each TA should be able to be terminated after sufficient notice. A landlord who earns income from an investment property does not have a moral right to receive income from a tenant for the unused rental period as long as there is sufficient notice. […] the deposit, and the owner reserves the right to additional compensation.
ー stackedhomes.com/editorial/diplomatic-clause-singapore/ […] However, this clause only allows premature termination of the lease if the tenant must permanently leave the country for work or if the tenant is evicted from Singapore or is not allowed to stay in Singapore and the supporting documents must be presented to the landlord. .