Real Estate Offer Form Template for Singapore

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Key Requirements PROMPT example:

Real Estate Offer Form

"I need a Real Estate Offer Form for a three-bedroom HDB flat in Tampines, with an offer price of SGD 750,000 and a requested option period of 21 days, planning to complete the purchase by March 2025."

Document background

The Real Estate Offer Form is a crucial document in Singapore's property market that initiates the formal purchase process. It is used when a prospective buyer wishes to submit a formal offer to purchase a property, whether residential, commercial, or industrial. The form includes key information such as property details, offer price, payment terms, conditions, and buyer/seller information. It must comply with Singapore's property laws, including the Residential Property Act and CEA guidelines. Once accepted, this offer typically leads to the issuance of an Option to Purchase.

Suggested Sections

1. Property Details: Complete description of the property including address, land title particulars, floor area, and property type

2. Purchase Price: Stated purchase price, payment terms, and option fee details

3. Buyer Information: Complete buyer details including citizenship status, contact information, and identification details

4. Seller Information: Complete seller details, ownership confirmation, and contact information

5. Option Terms: Option fee amount, option period duration, and exercise conditions

Optional Sections

1. Conditional Clauses: Used when offer is subject to specific conditions such as loan approval or sale of existing property

2. En Bloc Provisions: Required for properties under potential collective sale agreements

3. Tenancy Details: Include if property is currently tenanted, including existing lease terms and conditions

Suggested Schedules

1. Floor Plan: Detailed layout of the property including dimensions and built-up area

2. Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale

3. Title Search: Recent title search showing encumbrances, restrictions, and ownership history

4. Property Tax Statement: Current property tax assessment and payment status

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

Relevant Teams

Real Estate
Legal
Finance
Operations
Compliance

Relevant Roles

Real Estate Agent
Property Manager
Real Estate Lawyer
Property Developer
Compliance Officer
Property Valuer

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Real Estate Offer Form

Authors

Alex Denne

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