Document background
A Tenants In Common Agreement is essential when two or more parties purchase property together in Singapore but wish to hold different proportions of ownership or maintain separate disposal rights. This agreement becomes particularly crucial for unmarried couples, family members, or business partners investing together in property. The document sets out clear terms for property management, maintenance costs, and eventual sale or transfer of interests, while ensuring compliance with Singapore's property laws, including the Land Titles Act and Conveyancing and Law of Property Act. It provides crucial protection for all parties by documenting their respective rights and responsibilities, helping prevent future disputes and misunderstandings.
