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Deed Of Sale Agreement Of Immovable Property
"I need a Deed of Sale Agreement of Immovable Property for a Singapore residential property sale between a foreign buyer and local seller, with completion scheduled for March 2025, that includes specific provisions for ABSD and existing tenant arrangements."
1. Parties: Details of vendor and purchaser including full names, identification numbers, and addresses
2. Background: Context of the sale and brief property overview including title details and transaction rationale
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Sale and Purchase: Core terms of the transaction including purchase price, payment schedule, and deposit details
5. Property Details: Comprehensive description of the property including lot number, floor area, boundaries, and included fixtures
6. Completion: Terms and timing of completion, including completion date, venue, and documentation requirements
7. Warranties: Seller's warranties regarding property title, condition, encumbrances, and compliance with laws
8. Title and Transfer: Procedures for title transfer and registration with relevant authorities
9. Stamp Duty: Provisions regarding payment of stamp duty and other applicable taxes
10. Default and Remedies: Consequences of default by either party and available remedies
1. HDB Compliance: Special provisions for HDB properties including ethnic quota compliance and resale requirements
2. Foreign Ownership: Additional requirements and restrictions for foreign buyers under the Residential Property Act
3. Tenancy Provisions: Terms relating to existing tenancies including assignment or termination of lease agreements
4. Renovation and Alterations: Details of approved renovation works or pending alterations to the property
5. En Bloc Provisions: Terms relating to ongoing or potential en bloc sale proceedings
1. Property Schedule: Detailed property specifications, floor plans, and boundary plans
2. Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale
3. Title Documents: Copies of title deeds, strata title (if applicable), and other relevant property documents
4. Payment Schedule: Detailed breakdown of payment terms including deposit, progressive payments, and completion payment
5. Existing Tenancy Documents: Copies of current tenancy agreements and related correspondence
6. Property Tax and Maintenance Records: Recent property tax bills, maintenance fee statements, and utility bills
Authors
Property
Purchase Price
Completion Date
Completion
Deposit
Balance Purchase Price
Title Deeds
Encumbrances
Fixtures and Fittings
Vacant Possession
Business Day
Certificate of Title
Legal Requisitions
Parties
Vendor/Seller
Purchaser/Buyer
Stamp Duty
Additional Buyer's Stamp Duty (ABSD)
Seller's Stamp Duty (SSD)
Law
Land
Building
Option to Purchase
Sale and Purchase Agreement
Caveat
Title Search
Defects
Lease/Tenancy
Warranties
Force Majeure
Notices
GST
Land Registry
Strata Title
Payment Terms
Property Description
Title and Ownership
Conditions Precedent
Completion
Representations and Warranties
Vacant Possession
Property Condition
Encumbrances
Legal Requisitions
Risk and Insurance
Fixtures and Fittings
Existing Tenancies
Stamp Duty
Default and Remedies
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Costs and Expenses
Time of Essence
Further Assurance
Joint and Several Liability
Amendments
Registration
Inspection Rights
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