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Deed Of Conditional Sale Of Land
"I need a Deed of Conditional Sale of Land for a commercial property purchase in Singapore, where completion is conditional upon obtaining URA approval for change of use from industrial to commercial, with completion targeted for March 2025."
1. Parties: Details of vendor and purchaser, including full legal names and addresses
2. Background: Context of the sale, including property description and title details
3. Definitions: Key terms used tHRoughout the deed
4. Property Description: Detailed description of the land being sold, including bouNDAries and title particulars
5. Purchase Price: Agreed price and payment terms
6. Conditions Precedent: Conditions that must be fulfilled before completion
7. Completion: Terms and process for completion of the sale
8. Vendor's Warranties: Standard warranties regarding title and property condition
9. Execution: Formal execution requirements for the deed
1. Foreign Ownership Approval: Required if purchaser is foreign - includes provisions relating to obtaining necessary approvals under the Residential Property Act
2. Development Conditions: Specific conditions related to property development, including URA requirements and building restrictions
3. Tenancy Provisions: Details of existing tenancies and provisions for handling ongoing leases
4. Planning Permission: Requirements for obtaining planning permission and related conditions
1. Property Schedule: Detailed property particulars including lot number, title details, and land area
2. Title Documents: Copies of relevant title documents and certificates of title
3. Plan of Property: Survey plan or approved drawings of the property showing bouNDAries and dimensions
4. Payment Schedule: Detailed breakdown of payment terms, installments and payment milestones
5. Existing Encumbrances: List of existing encumbrances, mortgages, or other charges affecting the property
6. Completion Requirements: Checklist of documents and requirements needed for completion of the sale
Authors
Balance Purchase Price
Business Day
Completion
Completion Date
Conditions Precedent
Consideration
Deposit
Encumbrances
Event of Default
Existing Tenancies
Land
Land Title
Legal Requisitions
Option Fee
Parties
Payment Schedule
Planning Permission
Property
Purchase Price
Purchaser
Relevant Authority
SLA
Stamp Duty
Title Deeds
Transaction Documents
URA
Vacant Possession
Vendor
Vendor's Solicitors
Warranties
Conditions Precedent
Title and Ownership
Property Description
Representations and Warranties
Completion
Deposit
Due Diligence
Encumbrances
Vacant Possession
Property Condition
Legal Requisitions
Planning and Development
Stamp Duty
Default and Termination
Assignment
Time of Essence
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Costs and Expenses
Further Assurance
Third Party Rights
Amendments
Counterparts
Registration
Confidentiality
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