Examples of Agreement for Lease in a sentence
If the applicant rejects the booked flat before he/ she signs the Agreement for Lease, his/ her application will be cancelled and applicants will forfeit the option fee.
If the applicant rejects the booked flat after he/ she signs the Agreement for Lease, his/ her application will be cancelled and applicants will forfeit a sum equivalent to 5% of the purchase price of the flat.
Applicants will not be granted a mortgage loan from HDB for their purchase of the HDB flats if they do not have a valid HLE letter by the time they exercise the Option to Purchase (by signing the Agreement for Lease).
If the applicant rejects the booked flat before he/ she signs the Agreement for Lease, his/ her application will be cancelled and the option fee forfeited.
I have booked an HDB flat and have signed the Agreement for Lease.