Document background
The Deed of Sale Installment Payment is commonly used in Singapore when parties wish to structure the purchase of significant assets through periodic payments rather than a single payment. This arrangement is particularly valuable when buyers require payment flexibility or sellers prefer a structured payment approach. The document must comply with Singapore's strict requirements for deed execution and typically includes detailed payment schedules, property descriptions, transfer conditions, and default provisions. It serves as a crucial tool for protecting both parties' interests while ensuring legal enforceability under Singapore law.
