Can You Win A Dispute With Condo MCST In Singapore?
Subsidiary proprietors or home-owners of condominiums are no strangers to the fact that there are numerous condominium by-laws to abide by. For those unfamiliar, briefly, by-laws are stipulations prescribed under Schedule 2 of Building Maintenance (Strata Management) Regulations 2005 under the BMSMA and additional by-laws may be made, or amended, pursuant to a special resolution by the Management Corporation (“MC”).
What It Means To Breach A Contract In Singapore
A well-drafted contract can often prevent or resolve a dispute before the parties take their dispute to court. But when both parties cannot resolve their issues, and resort to litigation, it is important to understand the rules governing the breach of contract claim.
While some breaches are avoidable with detailed negotiations and well-drafted document, others are not. Poorly drafted documents and oral contracts frequently lead to disputes. It is always in your best interest to draft clear and comprehensive written contracts.
Can I Sue On An Oral Agreement
In Singapore, an agreement which is achieved by signing a contract is the norm and so too, the standard practice worldwide. You know that you are legally bound by the terms and conditions stated on the contract.
The Difference Between Loan Agreement And A Settlement Agreement
An agreement basically means a negotiated and legally binding arrangement between parties for a course of action.
There are many forms of agreements such as Non-Disclosure Agreement, Settlement Agreement, Contract, Memorandum of Understanding, Loan Agreement or Grant just to name a few.
In this scenario, let us take a look at the differences between loan and settlement agreement.
When Can Someone Terminate A Contract?
A contract is a legal document that binds at least two parties to one another and requires them to meet certain obligations detailed in that contract. In some instances, a contract may be terminated making it void from any legal binding. Often, the contract may be prematurely terminated by parties involved.
Generally, for an aggrieved person to have a right to terminate a contract, the offending party must have breached a term of the contract that is considered a condition as opposed to a warranty.
Legal Advice Can Save You Money And Your Business
A Cost Effective Way To Avoid Risks When Signing Business Contracts For Singapore businesses, engaging a lawyer is always a good idea especially if a matter involves a substantial amount of money or involves substantial risks. For example, if you are about to enter into a large contract it may cost you far less to engage a lawyer to draft/review […]
What To Do When You Receive Writ Of Summons
Writ Of Summons Issued By Singapore Court If you have received a Writ of Summons issued by a Singapore Court where you are named as the defendant, it means that a suit has been commenced against you by the plaintiff. A Writ of Summons is usually served together with a Statement of Claim. The Statement of […]
Why You Need A Civil Litigation Lawyer In Singapore
Before we get into the direct answer whether or not you need a Civil Litigation Lawyer, let us explain the term what does civil litigation means here in Singapore. What Is Civil Litigation?