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Provisional Agreement For Sale And Purchase
"I need a Provisional Agreement For Sale And Purchase for the acquisition of a commercial property in Singapore's Central Business District, with completion scheduled for March 2025 and including specific provisions for existing tenant arrangements."
1. Parties: Details of the vendor and purchaser including full legal names, identification numbers, and addresses
2. Background: Context of the sale and purchase transaction and brief property introduction
3. Definitions: Key terms used throughout the agreement including Property, Purchase Price, Completion Date
4. Property Details: Comprehensive description of the property including address, lot number, and size
5. Purchase Price: Agreement on purchase price, payment terms, and deposit arrangements
6. Completion: Timeline and conditions for completion of the sale and purchase
7. Warranties: Standard warranties by both parties regarding property title, condition, and authority to sell
1. Financing Conditions: Terms related to securing mortgage financing and conditions precedent for loan approval
2. Vacant Possession: Terms regarding the handover of vacant possession and condition of property upon handover
3. Defects Liability: Provisions for handling existing or future defects in the property
1. Property Schedule: Detailed description of property including floor plans and boundaries
2. Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale
3. Payment Schedule: Detailed breakdown of payment installments and timeline
4. Title Documents: Copies of relevant title documents and certificates
Authors
Business Day
Completion
Completion Date
Deposit
Encumbrances
Initial Deposit
Further Deposit
Property
Purchase Price
Parties
Purchaser
Vendor
Title Documents
Vacant Possession
Working Day
Legal Requisitions
Option Fee
Permitted Encumbrances
Stamp Duty
Completion Time
Defects
Due Diligence Period
Estate Agent
Fixtures and Fittings
Land Registry
Legal Representatives
Material Damage
Notice
Outstanding Charges
Possession Date
Preliminary Agreement
Property Tax
Registration Fees
Relevant Authority
Singapore Dollar
Title
Transfer
Valuation Report
Sale and Purchase
Purchase Price
Payment Terms
Deposits
Completion
Title and Ownership
Vacant Possession
Property Condition
Warranties and Representations
Due Diligence
Legal Requisitions
Encumbrances
Default
Termination
Time of Essence
Agency
Assignment
Notices
Stamp Duty
Property Tax
Force Majeure
Entire Agreement
Amendments
Severability
Governing Law
Dispute Resolution
Costs and Expenses
Further Assurance
Confidentiality
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