Singapore Expats

Search found 6 matches

by kapilsamant
Wed, 27 Jan 2021 8:19 pm
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

Re: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement

For those interested, here is how we concluded this on 08 August of 2019 LL or LL's Agency's Legal counsel (we never spoke to LL) threatened to sue if we didn't pay them a total of 15K. We had to lawyer up in response. We incurred ~1.2k in the Lawyer's fees. Our Lawyer negotiated that the LL keep 1-...
by kapilsamant
Sat, 13 Jul 2019 3:58 pm
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

Re: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement

Remember: the LL is negotiating. This is a negotiation. Update as of 12th July, It's been: 15 days since we paid LOI money (1 Month rent) 12 days since we signed TA 11 days since we requested TA termination by forfeiting LOI money (all or partial) 8 days since we asked for a meeting with LL via LL'...
by kapilsamant
Fri, 12 Jul 2019 6:54 am
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

Re: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement

I struggle to see what unforseen situation prevents you from moving in if you're still in Singapore and still employed. My wife have lived in a 1 bedroom studio for past 3 years. We were looking at this 2 bedroom because of her plans of continuing to stay in Singapore and become employed soon. Whil...
by kapilsamant
Sat, 06 Jul 2019 5:32 pm
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

Re: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement

We paid LOI (3050$), signed Tenancy Agreement (TA), but due to an unforeseen change in our situation, we need to back out of TA. Eight weeks left to the commencement date of the tenancy. The sequence of events: LOI DATE: Thursday 27 June 6:30 PM LOI Payment: Thursday 27 June 6:30 PM (via pay order)...
by kapilsamant
Sat, 06 Jul 2019 5:24 pm
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

Re: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement

Thank you for your response. An important question here - are you staying in Singapore on longer or leaving? Staying. If you're leaving I'd make that clear to the agent and continue to offer a reasonable settlement until you leave. After that the chances of the LL or his agent recovering funds are v...
by kapilsamant
Sat, 06 Jul 2019 12:28 am
Forum: Property Talk, Housing & Rental
Topic: URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date
Replies: 13
Views: 13452

URGENT! Signed LOI, Paid LOI Deposit, Signed TA, Need to back out in <24hrs. 8 wks left to the tenancy commencement date

We paid LOI (3050$), signed Tenancy Agreement (TA), but due to an unforeseen change in our situation, we need to back out of TA. Eight weeks left to the commencement date of the tenancy. The sequence of events: LOI DATE: Thursday 27 June 6:30 PM LOI Payment: Thursday 27 June 6:30 PM (via pay order) ...

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