LOWER MOVE-IN COSTS

Keep your savings. Rently handles the deposit.

Product Terms Summary

Last updated: 26 March 2026

Note: Product names are provisional and subject to change. The terms below apply regardless of the name under which this product is marketed.

This summary forms part of and should be read alongside the Rently Pte. Ltd. Terms and Conditions (last updated 26 March 2026), available at https://rently.sg/terms.

These product terms (“Product Terms”) form part of and are subject to the Master Terms of Service. In the event of any conflict between these Product Terms and the Master Terms of Service, these Product Terms shall prevail.

IMPORTANT: Please read this summary carefully before activating this product. It contains binding financial obligations including a commitment tied to the duration of your tenancy.

What is Lower Move-In Costs?

Lower Move-In Costs is an optional add-on through which Rently, using its own funds, pays your security deposit or other upfront move-in costs directly to your Landlord. The specific amount, and the repayment schedule applicable to you, will be disclosed to you before you activate this product.

Rently is not a deposit holder and has no liability in connection with your deposit after it has been paid to your Landlord. At the end of your tenancy, the return or forfeiture of your deposit is a matter solely between you and your Landlord. Rently has no obligation to pursue, recover, or account for any deposit on your behalf.

Disbursement to Landlord

Upon activation and approval, Rently will pay your deposit to your Landlord on the date you specify. Rently will act in good faith on the date and Landlord bank account details you provide.

You are solely responsible for the accuracy of the Landlord bank account details and the disbursement date you provide. Any delay or misdirection arising from incorrect, incomplete, or outdated details you supply is your responsibility. Rently will not be liable for any consequences arising from acting in good faith on the information you provide, except to the extent that any loss arises from Rently's own fraud or gross negligence.

Rently's Right to Rescind Before Disbursement

Approval of this product does not constitute a binding commitment by Rently to disburse until the payment has actually been made to your Landlord. Rently reserves the right to rescind its approval and withdraw from this product at any time before the first disbursement is made, including where Rently's risk assessment changes, information provided is found to be inaccurate, or for any other reason Rently considers appropriate. Rently will notify you promptly if it exercises this right.

Once Rently has made the first disbursement to your Landlord, this right to rescind ceases and the full commitment period applies.

Your Repayment Obligation

When Rently pays your deposit to your Landlord, you agree to reimburse Rently the full amount paid, plus applicable fees, in accordance with the repayment schedule disclosed at activation. Repayments are collected automatically from your designated payment method.

• Your repayment obligation to Rently is separate from and independent of your obligations to your Landlord under your Tenancy Agreement.
• You remain solely responsible for all obligations to your Landlord, including rent and property-related obligations.

Commitment Period

This product is tied to the full duration of your Tenancy Agreement. You cannot unilaterally cancel it. Cancellation is solely at Rently's discretion.

By activating this product, you are committing to maintain it until your Tenancy Agreement ends. This is not a month-to-month arrangement.

If You Break Your Lease Early

If your Tenancy Agreement ends early for any reason, the full outstanding balance owed to Rently under this product becomes immediately due and payable. Early termination of your tenancy does not reduce or extinguish your repayment obligation to Rently.

This applies regardless of the reason your tenancy ends — including disputes with your Landlord, relocation, or any other circumstance.

Late Payments

If any payment to Rently is not made on the due date, an administrative late payment fee of S$5 per day will apply for each day the amount remains outstanding, up to a maximum of S$150 per late payment incident. Fees are not compounded and do not constitute interest. Once the cap is reached, Rently's remedy is suspension and collection rather than continued accrual. Rently may pursue collection through legal means if amounts remain unpaid.

Cancellation by Rently

Rently may only cancel this product for cause — for example, where you are in material breach of the Rently Terms and Conditions, you have failed to make payments, or fraudulent activity is suspected. Rently will not cancel this product arbitrarily where your account is otherwise in good standing, as Rently recognises this product is tied to the term of your Tenancy Agreement. In all cases, Rently will provide written notice, and all outstanding amounts become immediately due and payable upon cancellation.

Can You Exit Early?

You cannot cancel this product unilaterally through the Platform. However, if you wish to exit this product before your Tenancy Agreement ends, you may contact Rently at support@rently.sg. Rently will consider the request and, if agreed, exit will only take effect once the full outstanding balance owed to Rently — including all remaining fees — has been settled in full. Rently is not obligated to agree to an early exit.

Full terms governing Lower Move-In Costs are set out in Section 8 of the Rently Pte. Ltd. Terms and Conditions (last updated 26 March 2026), available at https://rently.sg/terms.

ACKNOWLEDGEMENT

By ticking the box in the Rently app and proceeding, I confirm that:

1. I have read and understood this Product Terms Summary and the full Rently Terms and Conditions.
2. I confirm that the Landlord bank account details and disbursement date I have provided are accurate. I accept sole responsibility for any delay or misdirection arising from incorrect details.
3. I understand that this product is tied to the full term of my Tenancy Agreement and cannot be cancelled by me.
4. I understand that if I break my lease early, the full outstanding balance owed to Rently remains immediately due and payable.
5. I understand that Rently is not responsible for my deposit after it has been paid to my Landlord, and that any deposit return at end of tenancy is between me and my Landlord.
6. I agree to be bound by these terms.