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Buy Sell Agreement For A House
"I need a Buy Sell Agreement For A House to purchase a 3-bedroom HDB flat in Singapore from a private seller, with completion scheduled for March 2025, including specific clauses about renovation works in progress."
1. Parties: Details of the buyer and seller, including full legal names and identification
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including address and land title particulars
5. Purchase Price: Agreed purchase price and payment terms
6. Completion: Terms and timing of completion of the sale
7. Warranties: Seller's warranties regarding the property
1. Financing Conditions: Required if buyer needs mortgage financing - includes conditions precedent related to obtaining bank loans
2. HDB Approval: Conditions related to HDB approval - required for HDB properties including resale requirements
3. Foreign Ownership Approval: Requirements for foreign buyer approval under the Residential Property Act
1. Property Schedule: Detailed description of the property including floor plan and boundaries
2. Inventory List: List of fixtures and fittings included in the sale
3. Title Documents: Copies of relevant title documents and certificates
4. Payment Schedule: Detailed breakdown of payment terms and timelines
Authors
Property
Purchase Price
Completion Date
Completion
Deposit
Balance Purchase Price
Business Day
Title Deeds
Encumbrances
Parties
Seller
Buyer
Fixtures and Fittings
Option to Purchase
Certificate of Title
Conveyancing
Vacant Possession
Sale and Purchase
Warranties
Stamp Duty
Additional Buyer's Stamp Duty (ABSD)
Property Tax
Legal Requisitions
Defects
Title Search
Strata Title
Share Value
Management Corporation
Common Property
Subsidiary Proprietor
Lease Term
Caveat
HDB
Sale and Purchase
Purchase Price
Payment Terms
Property Description
Conditions Precedent
Completion
Vacant Possession
Title and Transfer
Representations and Warranties
Seller's Covenants
Buyer's Covenants
Property Condition
Fixtures and Fittings
Defects
Property Tax
Stamp Duty
Legal Costs
Risk and Insurance
Default
Termination
Assignment
Notices
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Amendments
Third Party Rights
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