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Rent To Buy Agreement
"I need a Rent to Buy Agreement for my Singapore private residential property, with a 2-year rental period starting March 2025 and a purchase option that can be exercised at a fixed price of SGD 1.2 million after the first year."
1. 1. Parties: Details of the seller/landlord and buyer/tenant
2. 2. Background: Context of the agreement and property details
3. 3. Definitions: Key terms used tHRoughout the agreement
4. 4. Rental Terms: Rent amount, payment schedule, and duration
5. 5. Purchase Option: Terms for exercising the option to buy, including price and timeline
6. 6. Property Maintenance: Responsibilities for maintenance during rental period
7. 7. Default and Termination: Consequences of breach and termination provisions
1. Foreign Ownership Compliance: Required when buyer is non-Singaporean, detailing compliance with Residential Property Act restrictions
2. HDB Compliance: Details specific HDB requirements and restrictions when property is an HDB flat
3. Financing Arrangements: Details of any financing structure when seller provides financing options
1. Schedule 1: Property Details: Detailed description of property including floor plans
2. Schedule 2: Payment Schedule: Detailed breakdown of payments including rent credits
3. Schedule 3: Inventory List: List of furnishings included in property (if furnished)
4. Appendix A: Property Condition Report: Detailed report of property condition at commencement
5. Appendix B: Option to Purchase Template: Standard form for exercising purchase option
Authors
Property
Landlord
Tenant
Commencement Date
Completion Date
Deposit
Option Fee
Option Period
Option to Purchase
Purchase Price
Rent
Rent Credit
Rental Period
Term
Security Deposit
Common Property
Fixtures and Fittings
Maintenance Charges
Property Tax
Permitted Use
Working Day
Purchase Option Exercise Date
Completion Period
Title Documents
Stamp Duty
Force Majeure
Relevant Authorities
Service Charges
Utilities
Building Rules
HDB
Management Corporation
Vacant Possession
Defects
Substantial Damage
Insurance
Assignment
Notices
Governing Law
Grant of Tenancy
Option to Purchase
Rent and Payment Terms
Security Deposit
Property Use
Maintenance and Repairs
Insurance
Assignment and Subletting
Default and Remedies
Termination
Force Majeure
Utilities and Services
Access Rights
Property Tax
Stamp Duty
Representations and Warranties
Compliance with Laws
Damage to Property
Notices
Dispute Resolution
Entire Agreement
Severability
Governing Law
Property Inspection
Alterations and Improvements
Quiet Enjoyment
Purchase Price Adjustment
Completion Requirements
Title and Ownership
Registration
Costs and Expenses
Indemnification
Waiver
Time of Essence
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