Singapore legislation

Clause 91

of Land Titles Bill

Clause 91

Surrender of leases

(1)

A lease of registered land may be surrendered —

(a)

by an instrument of surrender in the approved form; or

(b)

by operation of law.

(2)

A surrender shall be registered by the entry of a memorial on the relevant folio.

(3)

Registration of the surrender (whether consequent upon merger or otherwise) of a lease which is subject to a sublease shall not extinguish the sublease, but the Registrar shall enter a memorial of registration of the sublease on the relevant folio, and the estate evidenced by that folio shall, to the extent and for the purpose of preserving such incidents and obligations as would otherwise have subsisted, be deemed to be the reversion expectant on the sublease.

(4)

An instrument of surrender shall be executed by the lessee and by any mortgagee or chargee of the term and shall be accepted by the proprietor and by any mortgagee or chargee of the reversion.

(5)

A proprietor seeking registration of a surrender by operation of law shall apply in writing to the Registrar and shall support his application by such evidence as the Registrar may reasonably require.