Early Termination of Tenancy

Terminate your tenancy agreement early - how as a tenant can you terminate early

There are cases where you will have to terminate your agreement earlier than expected. Whether due to work relocation or personal reasons, we understand that it can’t be helped.

As a tenant on SPEEDHOME, you must fulfil these conditions when early termination occurs. Here’s a checklist for easy reference.

You must:

1. Give your landlord and SPEEDHOME 2 months’ notice before termination date.
2. You must pay 50% of one month rent as penalty fee if early termination is done within the first half of the original term; OR
3. You must pay 25% of one month rent as penalty fee if early termination is done beyond the second half of the original term.

For example: 

  • If you terminate early on the 1st to 6th month or first 50% of the tenancy period, you must pay 50% of one month rent as penalty fee; OR
  • If you terminate early on the 7th to 11th month or remaining 50% of the tenancy period, you must pay 25% of one month rent as penalty fee.

4. Arrange handover of keys upon moving out.

What If My Landlord Wants To Terminate The Tenancy?

SPEEDHOME’s tenancy agreement lasts for a full year. You must inform SPEEDHOME immediately at 0187777650. Landlord will be liable for any cost if they violate the terms of agreement.

What if everything goes well & my landlord is wonderful? Click here to know how a full tenancy should end.

Need more info? Give us a call at 0187777650. You can also email us at [email protected] and we’ll get back to you about how we can arrange the best rental experience right here at SPEEDHOME.

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