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Option To Purchase Real Estate Form
"Need an Option To Purchase Real Estate Form for a 3-bedroom condominium unit in Singapore's District 10, with a purchase price of SGD 2.5 million and an option period of 21 days, to be completed by March 2025."
1. Parties: Details of the Option Grantor (seller) and Option Holder (buyer)
2. Background: Brief description of the property and transaction context
3. Definitions: Key terms used in the document
4. Property Details: Full description of the property including address, lot number, and floor area
5. Option Fee: Amount and payment terms of the option fee
6. Purchase Price: Total purchase price and payment schedule
7. Option Period: Duration for which the option is valid
8. Exercise of Option: Procedure for exercising the option
1. GST Provisions: Required for commercial properties or GST-registered sellers - use for commercial property transactions
2. En Bloc Sale Conditions: Special conditions relating to collective sales - use for properties under collective sale
3. Tenancy Details: Information about existing tenancies - use when property is currently tenanted
1. Property Schedule: Detailed property specifications and floor plans
2. Inventory List: List of fixtures and fittings included in the sale
3. Title Documents: Copies of relevant title documents
4. Payment Schedule: Detailed breakdown of payment milestones
Authors
Completion Date
Conveyancing Documents
Deposit
Exercise Date
Exercise Notice
Exercise Period
GST
Land
Option Fee
Option Period
Option to Purchase
Parties
Property
Purchase Price
Purchaser
Sale and Purchase Agreement
Seller
Title Deeds
Vacant Possession
Valuation Report
Working Day
Certificate of Title
Encumbrances
Fixtures and Fittings
Legal Requisitions
Permitted Uses
Relevant Authority
Strata Title
Title Search
Property Description
Exercise of Option
Purchase Price
Completion
Title and Ownership
Property Condition
Warranties and Representations
Vacant Possession
Existing Tenancies
Property Tax
GST
Stamp Duty
Legal Costs
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Termination
Time of Essence
Severability
Entire Agreement
Miscellaneous Provisions
Default and Remedies
Due Diligence
Risk and Insurance
Property Inspection
Disclosure Requirements
Regulatory Compliance
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