Addendum To Deed Of Sale Template for Singapore

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Key Requirements PROMPT example:

Addendum To Deed Of Sale

"I need an Addendum to Deed of Sale to modify the payment schedule and increase the purchase price by 15% for our commercial property transaction in Singapore, with the changes to take effect from March 1, 2025."

Document background
An Addendum To Deed of Sale is utilized when parties need to modify terms of an existing sale agreement without creating an entirely new deed. Common in Singapore's property and commercial transactions, this document typically addresses changes in price, payment terms, delivery conditions, or property specifications. It must conform to Singapore's strict requirements for deed execution and may require registration with relevant authorities. The addendum ensures continuity of the original transaction while incorporating necessary modifications, making it essential for maintaining legal clarity and protecting parties' interests.
Suggested Sections

1. Parties: Details of the original parties to the Deed of Sale and any new parties

2. Background: Reference to original Deed of Sale and reason for addendum

3. Definitions: Key terms used in the addendum, including reference to original definitions

4. Amendments: Specific changes being made to the original deed

5. Confirmation: Confirmation that all other terms remain unchanged

6. Execution: Signature blocks and attestation requirements

Optional Sections

1. Additional Terms: New terms being added to the original deed - use when introducing new provisions not covered in original deed

2. Consideration: Details of any additional payment or consideration - use when the amendment involves price changes or additional payments

3. Conditions Precedent: New conditions that must be met - use when adding new requirements before amendments take effect

Suggested Schedules

1. Schedule of Amendments: Detailed list of specific amendments to original deed

2. Modified Plans or Drawings: Updated plans if property boundaries or specifications change

3. Payment Schedule: Updated payment terms if consideration is modified

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Sale of Goods Act (Chapter 393): Primary legislation governing the sale and transfer of goods in Singapore, defining contractual obligations, rights, and remedies between buyers and sellers

Contract Law (Chapter 53B): Fundamental legislation governing formation, validity, and enforcement of contracts in Singapore, including principles of offer, acceptance, and consideration

Conveyancing and Law of Property Act (Chapter 61): Legislation governing the transfer of property rights and interests, including requirements for property transactions and legal formalities

Registration of Deeds Act (Chapter 269): Law governing the registration of deeds and instruments affecting land in Singapore, ensuring proper recording of property transactions

Land Titles Act (Chapter 157): Legislation establishing and governing Singapore's land registration system, particularly for properties under the land titles system

Residential Property Act (Chapter 274): Law restricting and regulating foreign ownership of residential property in Singapore

Housing and Development Act: Legislation governing public housing (HDB properties) in Singapore, including rules for sale, purchase, and transfer of HDB flats

Consumer Protection (Fair Trading) Act: Law protecting consumers against unfair practices and ensuring fair trading standards in commercial transactions

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Legislation ensuring accurate product descriptions and maintaining safety standards in consumer goods

Stamp Duties Act (Chapter 312): Law governing the imposition of stamp duties on instruments and documents, including property transactions

Property Tax Act: Legislation governing the taxation of properties in Singapore, including rates, assessment, and collection procedures

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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