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Real Estate Sales Agreement
"I need a Real Estate Sales Agreement for the sale of a freehold commercial property in Singapore's Central Business District, with a completion date of March 15, 2025, and special provisions for existing tenant agreements that need to be transferred to the new owner."
1. Parties: Identification and details of the seller and purchaser
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property being sold including location, boundaries, and type
5. Purchase Price: Amount and payment terms including deposit, balance payment structure, and method of payment
6. Completion: Terms and timing of completion, including completion date and requirements
7. Title and Transfer: Provisions regarding property title transfer and registration requirements
8. Representations and Warranties: Seller's and buyer's warranties about the property and transaction
1. Conditions Precedent: Used when completion is subject to certain conditions such as regulatory approvals or financing
2. Tenant Provisions: Details about existing tenancies and handling of rental deposits when property is sold with existing tenants
3. Foreign Ownership: Additional provisions and requirements for foreign buyers including approval requirements
1. Property Schedule: Detailed property specifications, included fixtures, and fittings
2. Title Documents: Copies of relevant title documents and land registry information
3. Inventory List: Comprehensive list of included furnishings and fittings if applicable
4. Payment Schedule: Detailed breakdown of payment timeline and installments
5. Property Plans: Floor plans, property boundaries, and relevant architectural drawings
Authors
Property
Purchase Price
Completion Date
Deposit
Seller
Purchaser
Completion
Title Documents
Encumbrances
Business Day
Certificate of Title
Fixtures and Fittings
Land
Option to Purchase
Vacant Possession
Stamp Duty
Legal Requisitions
Property Tax
Strata Title
Common Property
Share Value
Management Corporation
Subsidiary Proprietor
Caveat
Defects
Force Majeure
Warranties
Interest Rate
Notice
Permitted Use
Planning Permission
Representatives
Transaction Documents
Working Day
Purchase Price
Payment Terms
Title and Transfer
Completion
Conditions Precedent
Representations and Warranties
Vacant Possession
Property Inspection
Due Diligence
Risk and Insurance
Seller's Obligations
Purchaser's Obligations
Property Tax and Outgoings
Existing Tenancies
Fixtures and Fittings
Defects
Assignment
Default
Termination
Force Majeure
Notices
Costs and Stamp Duty
Governing Law
Dispute Resolution
Entire Agreement
Severability
Confidentiality
Third Party Rights
Further Assurance
Legal Requisitions
Planning and Zoning
Maintenance Charges
Management Corporation Matters
Foreign Ownership Compliance
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