Tenant Obligations

Mar 16, 2025 ... The biggest risk of leasehold ownership is that when the lease expires, you no longer own the property. You might have spent years paying for ... Jul 26, 2018 ... When the lease expires then the tenant no longer has a leasehold interest. The only reason the location (Hawaii) would have any bearing would be ... If the lease does expire, the arrangement continues. The landlord might may serve a prescribed notice proposing an assured periodic tenancy in return for a ... Once the lease ends, the improvements generally belong to the landlord, unless otherwise specified in the agreement. If the tenant can take them, they must ... Upon expiry of the 99-year lease, the HDB flat will be returned to the landowner, which is HDB. Then HDB will, in turn, surrender the land to the State. Feb 7, 2024 ... Landlord or tenant in a commercial lease? What happens when it expires depends on whether your rental agreement is protected or contracted ... Dec 24, 2023 ... The lease agreement specifies what happens to improvements when the lease expires. Leasehold Improvements Examples in Retail and Business. Ownership of the house eventually reverts to the College when the lease ends. Leasehold vs. Traditional Land Purchase: ○ Leasehold: You own the house but lease ... Jun 27, 2022 ... Lease top-up. Here, the property owners apply to the SLA to top their lease back up to 99 years again, with the payment of a land premium. So ... If your leasehold contract expires within 5 years, you do not need to do anything. You will receive an offer from the municipality between 2 to 3 years before ...