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Offer Letter To Sell Property
"I need an Offer Letter To Sell Property for my 3-bedroom condominium in Singapore's East Coast area, with a sale price of SGD 2.5 million and an option period of 14 days, to be issued to a local buyer by March 2025."
1. Property Details: Full address and description of the property being offered for sale, including property type, floor area, and land area if applicable
2. Offer Price: Clear statement of the proposed selling price in Singapore dollars
3. Payment Terms: Structure of payment, including deposit requirements, option fee, and balance payment schedule
4. Option Period: Duration for which the offer remains valid and terms of the Option to Purchase
5. Completion Timeline: Proposed timeline for completion of sale and handover of property
1. Condition Precedents: Any conditions that must be met before sale completion, such as bank approval or HDB approval
2. Furnishing Details: List of fixtures, fittings, and furnishings included in the sale price
3. Tenancy Status: Details of existing tenancy agreements and arrangements for handover
4. Property Maintenance: Current maintenance fees, sinking fund contributions, and any outstanding payments
5. Regulatory Compliance: Specific requirements related to foreign ownership, HDB regulations, or other regulatory matters
1. Property Floor Plan: Detailed layout of the property showing room dimensions and built-up area
2. Title Search Results: Recent title search showing ownership details and any encumbrances on the property
3. Property Tax Statement: Current property tax assessment and payment status
4. Property Photographs: Recent photographs showing the current condition of the property
5. Inventory List: Detailed list of included fixtures, fittings, and furnishings (if applicable)
Authors
Purchase Price
Completion Date
Option Period
Deposit
Option Fee
Business Day
Completion
Title Documents
Fixtures and Fittings
Encumbrances
Relevant Authority
Option to Purchase
Vacant Possession
Law Firm
Conveyancing
Stamp Duty
Certificate of Title
Property Tax
Sale and Purchase Agreement
Valuation Report
Lease Agreement
Tenancy Rights
Management Corporation
Common Property
Share Value
Strata Title
Sale Price
Payment Terms
Option Period
Completion Timeline
Vacant Possession
Title and Ownership
Property Condition
Fixtures and Fittings
Encumbrances
Property Tax
Maintenance Fees
Due Diligence
Representations and Warranties
Termination
Default
Costs and Expenses
Notices
Assignment
Governing Law
Dispute Resolution
Force Majeure
Confidentiality
Entire Agreement
Severability
Amendments
Third Party Rights
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