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Agreement Between Buyer And Seller Of Property
"I need an Agreement Between Buyer And Seller Of Property for a 3-bedroom HDB flat in Singapore, with completion date set for March 2025, including specific provisions for existing tenant arrangements and en bloc potential."
1. Parties: Details of the buyer and seller, including full legal names and addresses
2. Background: Context of the sale and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Details: Full description of the property including address, title details, and boundaries
5. Purchase Price: Amount and payment terms, including deposit arrangements
6. Conditions Precedent: Conditions that must be satisfied before completion
7. Completion: Timeline, process and requirements for completion of sale
8. Seller's Warranties: Representations and warranties given by the seller regarding the property
9. Buyer's Warranties: Representations and warranties given by the buyer regarding capacity to purchase
10. Default and Termination: Consequences of breach and termination rights
11. General Provisions: Standard contractual provisions including notices, governing law, and dispute resolution
1. Financing Conditions: Terms related to mortgage financing and loan approval requirements
2. En Bloc Provisions: Specific terms for collective sales agreements
3. Tenancy Provisions: Terms regarding existing tenants and lease arrangements
4. GST Provisions: Special provisions regarding Goods and Services Tax if applicable
5. Foreign Ownership Provisions: Additional requirements if buyer is a foreign person or entity
1. Schedule 1 - Property Details: Detailed property description, including floor plan and boundaries
2. Schedule 2 - Inventory List: List of fixtures, fittings and chattels included in the sale
3. Schedule 3 - Title Documents: Copies of relevant property ownership documents and searches
4. Schedule 4 - Payment Schedule: Detailed breakdown of payment timeline and installments
5. Schedule 5 - Completion Requirements: List of documents and items to be delivered at completion
Authors
Property
Purchase Price
Completion Date
Deposit
Balance Purchase Price
Title Documents
Completion Documents
Working Day
Business Day
Encumbrances
Fixtures and Fittings
Land
Building
Strata Title
Certificate of Title
Existing Tenancy
Defects
Vacant Possession
Party/Parties
Seller's Solicitors
Buyer's Solicitors
Property Tax
Stamp Duty
GST
Option to Purchase
Notice
Regulatory Authority
Prescribed Rate
Default Interest
Force Majeure
Material Adverse Change
Warranties
Representations
Permitted Use
Law
Singapore Dollar
Title Search
Caveat
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Property Description
Title and Ownership
Representations and Warranties
Completion
Vacant Possession
Property Inspection
Defects
Existing Tenancies
Fixtures and Fittings
Property Tax and Outgoings
Insurance
Risk and Property Maintenance
Stamp Duty
Default
Termination
Force Majeure
Assignment
Notices
Costs and Expenses
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendment
Third Party Rights
Time of Essence
Further Assurance
Counterparts
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