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Memorandum Of Agreement For Land Sale
"Need a Memorandum of Agreement for Land Sale for a 5,000 square meter industrial plot in Jurong, Singapore, with staged payments and specific development conditions to be completed by March 2025."
1. Parties: Identification and details of the vendor and purchaser
2. Background: Context of the sale and property background
3. Definitions: Key terms used throughout the agreement
4. Property Details: Specific description of the property being sold
5. Purchase Price: Amount and payment terms
6. Completion: Timeline and conditions for completion of sale
7. Title and Transfer: Conditions regarding property title and transfer process
8. Vendor's Warranties: Warranties regarding property condition and ownership
9. Governing Law: Specification of Singapore law as governing law
1. Foreign Ownership Approval: Required when purchaser is foreign - includes provisions relating to approval requirements under the Residential Property Act
2. Development Conditions: Specific conditions related to property development - used for undeveloped land or properties requiring renovation
3. Tenant Provisions: Provisions regarding existing tenancies - used when property is currently tenanted
4. GST Provisions: GST-related terms and conditions - used when GST is applicable to the transaction
1. Property Description Schedule: Detailed description of property including boundaries and floor plans
2. Payment Schedule: Breakdown of payment terms and milestone payments
3. Title Documents: Copies of relevant title documents
4. Inventory List: List of fixtures and fittings included in sale
5. Regulatory Approvals: Copies of relevant planning permissions and approvals
Authors
Booking Fee
Business Day
Completion
Completion Date
Conveyancing Documents
Deposit
Encumbrances
Land
Option Fee
Party/Parties
Permitted Use
Property
Purchase Price
Purchaser
Relevant Authorities
Sale and Purchase Agreement
Singapore Dollar/SGD
Stamp Duty
Title Documents
Transfer Documents
Vacant Possession
Vendor
Working Day
Purchase Price
Payment Terms
Deposit
Title and Transfer
Conditions Precedent
Completion
Representations and Warranties
Due Diligence
Property Inspection
Vacant Possession
Encumbrances
Assignment
Risk and Insurance
Default
Termination
Force Majeure
Notices
Costs and Expenses
Stamp Duty
Confidentiality
Entire Agreement
Variation
Severability
Governing Law
Dispute Resolution
Time of Essence
Further Assurance
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