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Builder Buyer Agreement
"I need a Builder Buyer Agreement for a luxury residential property development in Singapore, with specific provisions for sustainable materials and Green Mark certification requirements, planned to commence construction in March 2025."
1. Parties: Identifies and defines the builder and buyer with full legal details
2. Background: Context of the agreement and brief description of the construction project
3. Definitions: Key terms used throughout the agreement
4. Scope of Works: Detailed description of construction works to be performed
5. Contract Price and Payment Terms: Construction cost, payment schedule, and payment conditions
6. Construction Timeline: Project schedule, milestones, and completion dates
7. Builder's Obligations: Responsibilities and commitments of the builder
8. Buyer's Obligations: Responsibilities and commitments of the buyer
9. Warranties and Defects Liability: Quality guarantees and defect rectification obligations
10. Termination: Conditions and procedures for contract termination
11. Dispute Resolution: Procedures for resolving disputes between parties
12. Governing Law: Specification of Singapore law as governing law and jurisdiction
1. Variations: Procedures for handling changes to scope of work (recommended for complex projects where changes are likely)
2. Green Building Requirements: Specific environmental and sustainability requirements (when project requires Green Mark certification)
3. Financing Arrangements: Details of any external financing or progressive payment schemes (when external financing is involved)
4. Force Majeure: Provisions for unforeseen circumstances and their handling (recommended for longer-term projects)
5. Intellectual Property Rights: Provisions regarding ownership of designs and technical documents (when custom designs are involved)
1. Schedule 1 - Detailed Specifications: Technical specifications, materials, and quality standards
2. Schedule 2 - Plans and Drawings: Architectural and engineering drawings
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment milestones
4. Schedule 4 - Construction Timeline: Detailed project schedule with milestones
5. Appendix A - Permits and Approvals: Copies of relevant building permits and regulatory approvals
6. Appendix B - Insurance Certificates: Required insurance documentation
7. Appendix C - Quality Standards: Detailed quality benchmarks and CONQUAS requirements
Authors
Approved Plans
Architect
Building Works
Builder
Buyer
Certificate of Completion
Commencement Date
Completion Date
Construction Documents
Contract Price
Contract Sum
Defects
Defects Liability Period
Drawings
Force Majeure
Materials
Practical Completion
Project
Project Site
Property
Quality Standards
Scope of Works
Services
Specifications
Subcontractor
Substantial Completion
Temporary Works
Variations
Works
Scope of Works
Contract Price
Payment Terms
Construction Timeline
Builder's Obligations
Buyer's Obligations
Quality Standards
Materials and Workmanship
Variations
Warranties
Defects Liability
Insurance
Indemnification
Force Majeure
Termination
Dispute Resolution
Health and Safety
Environmental Compliance
Site Access and Security
Permits and Approvals
Subcontracting
Assignment
Confidentiality
Intellectual Property
Notices
Liability Limitations
Governing Law
Entire Agreement
Severability
Time of Essence
Progress Reports
Testing and Inspection
Handover and Completion
Liquidated Damages
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