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Real Estate Settlement Agreement
"Need a Real Estate Settlement Agreement for the sale of a commercial property in Singapore's Central Business District, with completion scheduled for March 2025, including special provisions for existing tenants and renovation works in progress."
1. Parties: Identification and details of all parties involved in the settlement
2. Background: Context of the settlement including property details and dispute background
3. Definitions: Key terms used tHRoughout the agreement
4. Settlement Terms: Core terms of the settlement including payment and transfer details
5. Completion Requirements: Steps required to complete the settlement
6. Representations and Warranties: Statements of fact and promises by both parties
7. Release Provisions: Mutual release of claims related to the settlement
1. Mortgage Provisions: Required if property has existing mortgage - includes terms for discharge and settlement of mortgage
2. Tenant Provisions: Addresses existing tenancy arrangements and transition of tenant rights and obligations
3. Foreign Ownership Provisions: Additional requirements and warranties for foreign buyers under Singapore law
4. HDB Specific Provisions: Special requirements and restrictions applicable to HDB properties
1. Property Description Schedule: Detailed description of property including lot number, address, and bouNDAries
2. Payment Schedule: Breakdown of payment terms, amounts, and deadlines
3. Title Documents: Copies of relevant title documents and certifications
4. Property Inspection Report: Condition report of property and list of any defects
5. Outstanding Works Schedule: List of any works or repairs to be completed before settlement
Authors
Property
Settlement Date
Completion Date
Purchase Price
Deposit
Balance Purchase Price
Title Documents
Completion Documents
Encumbrances
Existing Tenancy
Vacant Possession
Certificate of Title
Permitted Use
Breach
Business Day
Completion Requirements
Conveyancing Documents
Default
Due Diligence
Effective Date
Force Majeure
Land
Legal Costs
Liabilities
Mortgage
Mortgagee
Party/Parties
Payment Terms
Registration Fees
Release
Representations and Warranties
Settlement
Settlement Sum
Stamp Duty
Title Search
Transfer
Vendor's Statement
Working Day
Purchase Price
Payment Terms
Property Transfer
Completion Requirements
Representations and Warranties
Due Diligence
Title and Ownership
Vacant Possession
Condition of Property
Encumbrances
Existing Tenancies
Stamp Duty
Release and Discharge
Default and Remedies
Force Majeure
Notices
Costs and Expenses
Confidentiality
Assignment
Entire Agreement
Governing Law
Dispute Resolution
Severability
Amendment
Third Party Rights
Time of Essence
Further Assurance
Counterparts
Survival
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