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Relief available for small landlords and firms renting equipment, vehicles

Published Thu, Dec 10, 2020 · 09:50 PM

Singapore

LEASES with terms of less than five years are among the contracts eligible for renegotiation under the Ministry of Law's Re-Align Framework.

But relief is also available for small landlords that fear financial hardship from the termination of leases.

These landlords can get compensation - with the amount to be determined by a ministry-appointed assessor - if tenants' leases are t…

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