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Estate Sale Agreement
"I need an Estate Sale Agreement for selling a deceased relative's HDB flat in Singapore, where the sale needs to be completed by March 2025 and the buyer is a foreign national requiring special approval."
1. Parties: Identification of seller (estate representative) and buyer with full legal names and details
2. Background: Context of the estate sale, including reference to probate/letters of administration
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of estate assets being sold
5. Purchase Price: Amount and payment terms
6. Conditions of Sale: Core terms and conditions of the sale
7. Completion: Details of closing process and transfer of assets
8. Representations and Warranties: Standard warranties about estate ownership and authority to sell
1. Muslim Law Compliance: Required if estate is subject to Muslim law under the Administration of Muslim Law Act
2. HDB Compliance: Special conditions and requirements for HDB properties under HDB regulations
3. Foreign Ownership: Additional requirements and restrictions for foreign buyers under the Residential Property Act
4. Tenant Rights: Provisions regarding existing tenancies and their management post-sale
1. Schedule 1 - Property Details: Detailed inventory of estate assets being sold including all relevant specifications
2. Schedule 2 - Grant of Probate/Letters of Administration: Copy of legal authority to sell the estate assets
3. Schedule 3 - Title Documents: Copies of relevant property titles and ownership documentation
4. Schedule 4 - Existing Encumbrances: List of any mortgages, liens or other encumbrances affecting the property
5. Appendix A - Form of Transfer: Standard transfer documentation required for property conveyance
6. Appendix B - Completion Checklist: Comprehensive list of requirements and documents needed for completion
Authors
Assets
Authority to Sell
Business Day
Completion
Completion Date
Deceased
Deposit
Effective Date
Encumbrances
Estate
Estate Representative
Executor
Grant of Probate
Letters of Administration
Liabilities
Net Sale Proceeds
Parties
Property
Purchase Price
Purchaser
Relevant Authority
Sale
Schedule
Seller
Singapore Dollar
Stamp Duty
Tax
Title Documents
Transfer Documents
Warranties
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Conditions Precedent
Due Diligence
Estate Representative Authority
Title and Ownership
Property Transfer
Completion
Representations and Warranties
Property Condition
Encumbrances
Risk and Insurance
Taxes and Duties
Default
Termination
Force Majeure
Notices
Assignment
Confidentiality
Dispute Resolution
Governing Law
Severability
Entire Agreement
Amendments
Costs
Further Assurance
Counterparts
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