Intent To Sell Notice Template for Singapore

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Key Requirements PROMPT example:

Intent To Sell Notice

"I need an Intent To Sell Notice for my three-bedroom HDB flat in Tampines, which I plan to list for sale from March 2025, with an asking price of SGD 750,000 and a one-month response period for interested buyers."

Document background
The Intent To Sell Notice is a crucial preliminary document in Singapore's property and asset transfer process. It is typically used when a property owner or asset holder wishes to formally announce their intention to sell, ensuring compliance with Singapore's legal requirements. The notice includes essential information such as property details, proposed terms, and seller information, serving as the first step in initiating a sale transaction. This document is particularly important in Singapore's regulated property market, where clear documentation and proper procedures are required for valid transfers.
Suggested Sections

1. Seller Information: Full legal name and contact details of the selling party

2. Property/Asset Description: Detailed description of the item being sold including location, specifications, or unique identifiers

3. Intent Declaration: Clear statement of intention to sell the specified property/asset

4. Proposed Terms: Basic terms including proposed price and timeline

5. Contact Information: How interested parties can respond to the notice

Optional Sections

1. Current Property Status: Include when there are existing tenancies, encumbrances, or relevant conditions

2. Viewing Arrangements: Include when physical inspection of property/asset is possible

3. Regulatory Compliance: Include when special regulations apply (e.g., HDB requirements)

Suggested Schedules

1. Property Information: Floor plans, photographs, or technical specifications

2. Title Documents: Proof of ownership or right to sell

3. Condition Report: For used goods or property requiring disclosure of condition

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

Sale of Goods Act: Chapter 393 of Singapore Laws - Primary legislation governing sale and transfer of goods, including conditions and warranties in sales contracts

Residential Property Act: Governs residential property transactions in Singapore, including restrictions on foreign ownership

Land Titles Act: Regulates the registration and transfer of land titles in Singapore

Housing and Development Act: Governs public housing (HDB) transactions and related regulations

Planning Act: Controls land use and property development in Singapore

Contract Law Act: Chapter 53 of Singapore Laws - Establishes basic contract formation requirements and enforceability conditions

Estate Agents Act: Regulates real estate agencies and agents in private property transactions

Commercial and Industrial Property Rules: Specific regulations governing the sale of commercial and industrial properties

Consumer Protection (Fair Trading) Act: Ensures fair trading practices and consumer protection in sales transactions

Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in Singapore

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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