Document background
The Condominium Purchase Agreement is essential for any transaction involving the sale of strata-titled residential properties in Singapore. This document is used when parties have agreed to the sale and purchase of a condominium unit and need to formalize the terms in accordance with Singapore law. It captures crucial details including property specifications, payment terms, completion timeline, and both parties' obligations. The agreement must comply with various Singapore regulations, including the Building Maintenance and Strata Management Act, and may require additional provisions for foreign buyers under the Residential Property Act.
