A verbal tenancy agreement is a type of lease agreement that is made verbally between a landlord and tenant. In Singapore, it is not recommended to make verbal tenancy agreements as there are legal implications that can arise from not having a written agreement in place.

The first issue with a verbal tenancy agreement is that it can be difficult to prove the terms of the agreement without written documentation. If a dispute arises between the landlord and tenant about the terms of the lease, it can be challenging to enforce the agreement without any written evidence to support the claims.

Furthermore, a verbal tenancy agreement can be risky for both the landlord and tenant as it does not provide clear guidelines for rent payments, maintenance responsibilities, and termination of the lease. It is always best to have a written agreement in place to avoid any confusion or misunderstandings.

In Singapore, the government has implemented various regulations to protect both landlords and tenants. The regulations stipulate that any tenancy agreement lasting more than three years should be in writing and registered with the Singapore Land Authority. This regulation aims to safeguard both parties by providing a clear and concise document outlining the terms and conditions of the lease.

In conclusion, while it may seem convenient to make a verbal agreement, it is always advisable to have a written tenancy agreement in place. Verbal agreements can lead to complications, misunderstandings, and legal disputes. Both landlords and tenants should ensure that all agreements are documented in writing and registered with the Singapore Land Authority to avoid any potential legal consequences.