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Real Estate Release Form
"I need a Real Estate Release Form for a Singapore HDB property sale that fell through, where the buyer and seller agree to mutually release each other from the Option to Purchase signed on January 15, 2025, with no claims against the $5,000 option fee."
1. Parties: Identification of releaser and releasee with full legal names and addresses
2. Background: Context of the release, including property details and original transaction
3. Definitions: Key terms used in the release form
4. Release Clause: Core provision releasing claims and liabilities
5. Consideration: Details of any payment or consideration for the release
6. Execution Block: Signature blocks and witness requirements
1. Warranties: Additional warranties by releaser, used when specific assurances are needed
2. Indemnification: Used when ongoing protection is required for certain matters
3. Confidentiality: Used when terms of release should remain private
4. Governing Law: Usually included for clarity though Singapore law is implied
1. Property Details Schedule: Detailed description of property including lot number, street address, and title details
2. Original Agreement Schedule: Copy or details of the original agreement being released
3. Payment Schedule: If applicable, details of any consideration or payment terms
Authors
Completion Date
Consideration
Effective Date
Encumbrances
Land
Lot Number
Original Contract
Parties
Premises
Property
Release
Releaser
Releasee
Released Claims
Released Matters
Released Parties
Strata Title
Title Documents
Transaction Documents
HDB
HDB Flat
HDB Lease
Permitted Occupiers
Building
Common Property
Lettable Area
Management Corporation
Tenant
Consideration
Representations and Warranties
Acknowledgment
Indemnification
Severability
Entire Agreement
Governing Law
Further Assurance
Confidentiality
No Admission of Liability
Binding Effect
Property Description
Title Matters
Encumbrances
Vacant Possession
Property Condition
Authority to Execute
Capacity
Witness Requirements
Stamp Duty
Survival
Assignment
Third Party Rights
Costs and Expenses
Notices
Force Majeure
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