Deed Of Sale With Special Power Of Attorney Template for Singapore

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Key Requirements PROMPT example:

Deed Of Sale With Special Power Of Attorney

"Need a Deed of Sale with Special Power of Attorney for my Singapore property sale to a foreign buyer, where my sister will be appointed as attorney-in-fact to handle all post-completion matters as I'm relocating to Australia in March 2025."

Document background
The Deed of Sale With Special Power of Attorney is a specialized legal instrument used in Singapore property transactions where one party requires representation tHRough an attorney-in-fact. This document is particularly valuable when sellers or buyers cannot be physically present for various aspects of the transaction, or when ongoing matters need to be handled by a representative. It combines the essential elements of a property sale agreement with the delegation of specific legal powers, ensuring compliance with Singapore's strict property and agency laws. The document is commonly used in both residential and commercial property transactions, especially in cases involving overseas parties or complex, multi-stage transactions.
Suggested Sections

1. Parties: Details of the seller and purchaser, including full legal names and addresses

2. Background: Context of the sale and brief description of the property being transferred

3. Definitions: Key terms used tHRoughout the document

4. Property Description: Detailed description of the property including lot number, bouNDAries, and specifications

5. Sale Consideration: Purchase price and payment terms

6. Power of Attorney Provisions: Scope of powers granted to the attorney-in-fact

7. Execution: Signing requirements and witness provisions

Optional Sections

1. Conditions Precedent: Conditions that must be met before completion - used when there are specific requirements to be fulfilled before transfer

2. Warranties: Seller's warranties regarding the property - used when specific assurances about the property condition are required

3. Termination Rights: Circumstances under which the deed can be terminated - used when parties want specific termination provisions

Suggested Schedules

1. Property Details Schedule: Detailed technical description of the property including plans and specifications

2. Payment Schedule: Breakdown of payment terms and installments if applicable

3. Title Documents: Copies of relevant title documents and certificates

4. Power of Attorney Form: Standard form for power of attorney as required by Singapore law

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships, including requirements for valid contracts, rules regarding consideration and contractual formalities.

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions, outlines requirements for valid property transfers, and specifies legal formalities for deeds.

Powers of Attorney Act (Cap. 231): Governs the creation and execution of powers of attorney, including requirements for validity, scope of attorney powers, and registration requirements.

Stamp Duties Act (Cap. 312): Regulates stamp duty obligations, including timing requirements for stamping, applicable rates, and possible exemptions for property transactions.

Land Titles Act (Cap. 157): Legislation governing registered land, including requirements for registration, handling of caveats and other encumbrances.

Property Law Act: Sets out general principles of property ownership and the transfer of property rights in Singapore.

Legal Profession Act (Cap. 161): Specifies requirements for legal documentation and establishes who is authorized to prepare certain legal documents.

Singapore Law Society Guidelines: Professional guidelines and best practices for legal practitioners in handling property transactions and powers of attorney.

Singapore Land Authority Requirements: Specific requirements and regulations from the national land authority regarding property transactions and registration.

IRAS Requirements: Requirements and regulations from the Inland Revenue Authority of Singapore regarding tax implications and obligations in property transactions.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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