Real Estate Contract Addendum Template for Singapore

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Key Requirements PROMPT example:

Real Estate Contract Addendum

"I need a Real Estate Contract Addendum to modify the completion date of our property purchase from March 15, 2025, to June 30, 2025, due to construction delays, and to document the agreed compensation of $5,000 for the delay."

Document background

A Real Estate Contract Addendum is essential when parties need to modify terms of an existing property transaction in Singapore. This document is commonly used when circumstances change after the original contract signing, such as price adjustments, completion date changes, or property specification modifications. It must comply with Singapore's property laws and regulations, including HDB rules where applicable. The addendum ensures all changes are properly documented and legally binding while maintaining the validity of the original agreement.

Suggested Sections

1. Parties: Identification of all parties involved in the original contract and addendum

2. Background: Reference to original contract and reason for addendum

3. Definitions: Key terms used in the addendum

4. Modifications: Specific changes to the original contract

5. Effect on Original Agreement: Statement on how original contract terms remain in effect

6. Execution: Signature blocks and execution requirements

Optional Sections

1. Additional Terms: New terms not covered in original contract - use when introducing completely new provisions

2. Price Adjustments: Changes to original pricing terms - use when modifying purchase price or payment terms

3. Timeline Modifications: Changes to dates or deadlines - use when altering completion or possession dates

4. Property Modifications: Changes to property specifications - use when altering property details or included items

Suggested Schedules

1. Schedule A - Modified Property Details: Updated property specifications or boundaries

2. Schedule B - Revised Payment Schedule: Modified payment terms and dates

3. Appendix 1 - Updated Floor Plans: New or modified floor plans if applicable

4. Appendix 2 - Regulatory Approvals: Copies of relevant authority approvals for modifications

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Residential Real Estate
Commercial Real Estate
Industrial Real Estate
Property Development

Relevant Teams

Legal
Real Estate
Operations
Compliance
Sales

Relevant Roles

Property Manager
Real Estate Agent
Legal Counsel
Contract Administrator
Property Developer

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Let's create your Real Estate Contract Addendum

Authors

Alex Denne

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