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Commercial Real Estate Purchase And Sale Agreement
"I need a Commercial Real Estate Purchase And Sale Agreement for acquiring a 5-story office building in Singapore's Central Business District, with existing tenants and completion scheduled for March 2025; the property is GST-registered and we need specific environmental warranties due to the building's age."
1. Parties: Identifies the seller and purchaser with full legal names and registration details
2. Background: Recitals explaining the context of the sale and basic property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, boundaries, and floor area
5. Purchase Price: Agreement on price and payment terms including deposit arrangements
6. Conditions Precedent: Conditions that must be satisfied before completion
7. Due Diligence: Buyer's inspection rights and due diligence process
8. Seller's Warranties: Standard warranties regarding title, property condition, and encumbrances
9. Completion: Completion date, process, and requirements
10. Default: Consequences of default by either party
1. Tenancies: Details of existing tenancies and their treatment in the sale process
2. GST Provisions: GST treatment of the sale and related obligations
3. Property Management: Interim management arrangements during the sale process
4. Development Conditions: Specific development requirements or restrictions applicable to the property
5. Environmental Provisions: Environmental warranties, indemnities, and compliance requirements
1. Property Schedule: Detailed property information including floor plans and specifications
2. Title Documents: Copies of title documents and encumbrances
3. Existing Tenancies Schedule: List of existing tenancies and lease terms
4. Inventory Schedule: List of fixtures and fittings included in sale
5. Planning Permissions: Relevant planning permissions and certificates
6. Form of Transfer: Standard transfer document to be executed at completion
7. Due Diligence Checklist: List of documents to be provided for due diligence
Authors
Applicable Laws
Apportionment Date
Balance Purchase Price
Business Day
Completion
Completion Date
Conditions Precedent
Deposit
Due Diligence Period
Encumbrances
Environmental Laws
Existing Tenancies
Floor Area
GST
Land
Legal Requisitions
Liability
Loss
Material Adverse Change
Parties
Permitted Use
Planning Permission
Property
Property Tax
Purchase Price
Purchaser
Purchaser's Solicitors
Relevant Authority
Seller
Seller's Solicitors
Singapore Dollar
SGD
Stamp Duty
Tenants
Title Deeds
Transfer
URA
Utilities
Valuation
Warranties
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Conditions Precedent
Due Diligence
Title and Ownership
Property Inspection
Representations and Warranties
Environmental Matters
Existing Tenancies
Property Management
Tax Matters
GST
Stamp Duty
Insurance
Risk and Property
Completion
Post-Completion Obligations
Default
Termination
Force Majeure
Notices
Assignment
Confidentiality
Costs and Expenses
Entire Agreement
Severability
Waiver
Variation
Third Party Rights
Governing Law
Dispute Resolution
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