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Flat Purchase Agreement
"I need a Flat Purchase Agreement for a 4-room HDB flat in Singapore, where the buyer will be using CPF funds and taking a bank loan for 75% of the purchase price, with completion scheduled for March 2025."
1. Parties: Details of vendor and purchaser, including identification and contact information
2. Background: Context of the sale and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including address and specifications
5. Purchase Price: Agreed price and payment terms
6. Payment Schedule: Breakdown of payment installments and timelines
7. Completion: Terms and conditions for completion of sale
8. Representations and Warranties: Statements of fact and promises by both parties
9. Governing Law: Specification of Singapore law as governing law
1. CPF Usage: Terms regarding use of CPF funds for property purchase
2. Mortgage Financing: Terms regarding bank loans and mortgages when property is being financed through a bank loan
3. En Bloc Provisions: Terms regarding potential collective sale for private properties
4. Tenant Rights: Provisions regarding existing tenancy arrangements when property is currently tenanted
1. Property Floor Plan: Detailed floor plan of the property
2. Inventory List: List of fixtures and fittings included in sale
3. Title Documents: Copies of relevant title documents
4. Payment Schedule: Detailed breakdown of payment installments
5. Defects List: List of existing defects if any
6. Maintenance Records: History of property maintenance
Authors
Property
Completion Date
Completion
Deposit
Purchase Price
Balance Purchase Price
Vendor
Purchaser
Title Deeds
Fixtures and Fittings
Working Day
Defects
Option to Purchase
CPF
CPF Charge
Mortgage
Mortgagee
Legal Requisitions
Lease
Floor Area
Vacant Possession
Encumbrances
Certificate of Title
Strata Title
Share Value
Management Corporation
Common Property
Subsidiary Proprietor
Option Fee
Stamp Duty
Additional Buyer's Stamp Duty
HDB
Ethnic Integration Policy
Minimum Occupation Period
Payment Schedule
Outstanding Amounts
Property Tax
Maintenance Fees
Conveyancing
Notice of Transfer
Purchase Price
Payment Terms
Completion
Vacant Possession
Title and Ownership
Representations and Warranties
Property Condition
Fixtures and Fittings
Defects
CPF Matters
Financing
Legal Requisitions
Property Tax
Maintenance Charges
Insurance
Assignment and Transfer
Termination
Default
Remedies
Force Majeure
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendments
Joint and Several Liability
Time of Essence
Costs and Expenses
Estate Management
Ethnic Integration Policy
Stamp Duty
Further Assurance
Confidentiality
Survival
Third Party Rights
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