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Agreement Letter For Selling A Property
"I need an Agreement Letter For Selling A Property for my 3-bedroom condominium in Singapore, which includes special provisions for existing tenants who have a lease until March 2025 and includes all current furniture in the sale."
1. Parties: Details of seller and purchaser, including full names, identification numbers, and addresses
2. Background: Context of the sale and brief property details, including the intention to sell/purchase
3. Definitions: Key terms used in the agreement including Property, Purchase Price, Completion Date, etc.
4. Property Details: Comprehensive description of the property being sold, including address, lot number, and strata title details if applicable
5. Purchase Price: Agreed purchase price, payment terms, deposit requirements, and balance payment schedule
6. Completion: Timeline and requirements for completion, including handover procedures and key collection
1. Conditions Precedent: Specific conditions that must be met before completion, such as bank loan approval or sale of existing property
2. Property Inspection: Terms for property viewing and inspection prior to completion, including defect reporting process
3. Tenant Rights: Details of existing tenancy agreements and handling of tenant deposits if property is currently tenanted
4. GST Provisions: Specific provisions relating to Goods and Services Tax where applicable
1. Schedule 1 - Property Floor Plan: Detailed layout of the property including measurements and boundaries
2. Schedule 2 - Title Documents: Copies of relevant title documents and land registry information
3. Schedule 3 - Inventory List: Detailed list of fixtures, fittings, and furnishings included in the sale
4. Schedule 4 - Outstanding Payments: Schedule of any pending payments, mortgages, or encumbrances affecting the property
5. Schedule 5 - Proof of Ownership: Documents proving seller's ownership and right to sell the property
Authors
Property
Seller
Purchaser
Completion Date
Completion
Purchase Price
Deposit
Balance Purchase Price
Property Documents
Title Documents
Fixtures and Fittings
Encumbrances
Option to Purchase
Business Day
Conveyancing
GST
Stamp Duty
Certificate of Title
Legal Requisitions
Vacant Possession
Force Majeure
Defects
Schedule
Effective Date
Parties
Working Day
Bank
Payment Terms
Permitted Use
Purchase Price
Payment Terms
Completion
Title and Ownership
Representations and Warranties
Property Condition
Vacant Possession
Encumbrances
Due Diligence
Default and Remedies
Risk and Insurance
Fixtures and Fittings
Inspection Rights
Stamp Duty
Legal Costs
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Time of Essence
Property Tax
Utilities and Maintenance
Existing Tenancies
Confidentiality
Amendment
Termination
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