Getting a writ of summons and reading that someone wants to take you to court is definitely stressful. Whether you win or lose, going through a trial would not only affect you but your loved ones as well.
So, what is the best next step in your situation? Here is some essential information to help you decide.
What to Do If You Receive a Writ of Summons Read More »
Whether you’re signing off on a simple tenancy agreement or a multi-million dollar joint venture agreement, contracts are part and parcel of life and business.
Many disputes and problems can be avoided if you read your contracts properly, with a keen eye for detail and some knowledge of legal terminology. Of course, the best thing to do would be to approach a lawyer to review a contract you are about to enter into. Lawyers are familiar with contract law and have developed a keen understanding of various types of clauses and how to draft them, even challenge them. Lawyers may also negotiate for amendments to terms and conditions in the contract which are not favourable to you.
Key Terms of a Contract Read More »
The law dictates that when parties have already put the terms and conditions of the contract down in writing, they should be able to rely on and be protected by the written contract. Some verbal remark, often forgotten or given contradictory interpretations by parties, should not be allowed to detract from commercial certainty.
Nevertheless, there are two main exceptions – when the term or promise was mistakenly left out of the contract and when the term or promise was intended to be part of the contract but was somehow left out of it.
Enforcing A Verbal Agreement in Singapore Read More »
The most common breach of tenancy agreements is the late or non-payment of rent.
The tenancy agreement normally allows the Landlord to re-enter the premises and terminate the tenancy upon non-payment for a stipulated number of months/days. The agreement also typically allows the Landlord to forfeit the deposit.
In addition to the above, the Landlord may sue the tenant in the civil courts of Singapore to claim his or her dues. This typically takes three forms.
What If You Tenant Doesn’t Pay Rent? Read More »
Have you lent a sum of money to a friend or relative through an IOU but have yet to receive the money-back? Or have you provided a business service or goods to a client, and they have yet to make the payment. You have asked and asked, but all to no avail. What will you do next? This article will aim to help you out if you are ever in this situation.
How to Recovery Debts in Singapore Read More »