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Leasing Terms - Tenancy AgreementThis is a thread in the Starting a Retail Business forums.Hello fellow retail entrepreneurs I am now into my 3rd month of my 6 month lease agreement for the rental ... |
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Junior Member
![]() Join Date: Feb 2009
Location: Singapore
Posts: 7
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Hello fellow retail entrepreneurs
I am now into my 3rd month of my 6 month lease agreement for the rental of a kiosk space in a major shopping mall. Business is %$&#% and I wanted to terminate my contract earlier but I was told to either: 1) find another vendor to to replace me; 2) pay up the balance (siao!) It was not stated in the contract that I need to pay up the balance and neither was there any mention of having to find a replacement. In fact, there wasn't any mention of the terms that I can terminate the agreement. What is your experience with this kind of thing? Any help deeply appreciated.... Thanks! |
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