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Contract For Buying A House
"I need a Contract For Buying A House for a private condominium purchase in Singapore, where I'm a foreign buyer acquiring a property valued at SGD 2.5 million, with completion scheduled for March 2025."
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: Amount and payment terms including deposit arrangements
6. Completion: Timeline and procedures for completing the transaction
7. Warranties: Standard warranties from seller regarding property title and condition
1. Financing Conditions: Required if purchase is subject to mortgage approval - used when buyer requires bank financing
2. HDB Approval: Conditions related to HDB approval - required for HDB properties only
3. Foreign Ownership Approval: Requirements for foreign buyer approval - required when buyer is foreign national
1. Property Floor Plan: Detailed floor plan of the property
2. Inventory List: List of fixtures and fittings included in sale
3. Title Search: Recent title search results
4. Property Tax Records: Recent property tax statements
5. Maintenance Fee Schedule: For condominiums or properties with maintenance fees
Authors
Property
Purchase Price
Completion Date
Deposit
Balance Purchase Price
Completion
Title Deeds
Property Tax
Stamp Duty
Additional Buyer's Stamp Duty (ABSD)
Seller's Stamp Duty (SSD)
Fixtures and Fittings
Business Day
Certificate of Title
Conveyancing
Defects
Encumbrances
Option to Purchase
HDB
Parties
Seller
Buyer
Legal Representative
Vacant Possession
Title Search
Valuation Report
Common Property
Share Value
Strata Title
Maintenance Charges
Sinking Fund
Management Corporation
Property Agent
Force Majeure
Notice
Working Day
Requisitions
Representations and Warranties
Purchase Price
Payment Terms
Deposit
Completion
Title and Ownership
Seller's Warranties
Vacant Possession
Property Condition
Defects
Representations
Inspection Rights
Due Diligence
Default
Remedies
Force Majeure
Termination
Property Tax
Stamp Duty
Maintenance Charges
Assignment
Insurance
Notices
Governing Law
Dispute Resolution
Time of Essence
Entire Agreement
Severability
Amendments
Registration
Regulatory Compliance
Foreign Ownership
HDB Compliance
Joint Ownership
Common Property
Encumbrances
Legal Costs
Agency
Fixtures and Fittings
Property Management
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