Document background
The Property Loan Agreement is a fundamental document in Singapore's real estate financing landscape, used when individuals or entities seek funding for property purchases. This agreement, governed by Singapore law, must comply with strict regulatory requirements including MAS guidelines, Banking Act provisions, and property ownership restrictions. It typically includes comprehensive details about the loan amount, interest calculations, repayment schedule, security arrangements, and the specific property being financed. The agreement is particularly important in Singapore's regulated property market, where different rules apply to various property types (HDB, private residential, commercial) and borrower categories (citizens, permanent residents, foreigners).
