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Vacant Land Purchase Agreement
"Need a Vacant Land Purchase Agreement for acquiring a 5,000 square meter industrial plot in Jurong, Singapore, with specific conditions for future warehouse development and environmental compliance requirements, planned for completion in March 2025."
1. Parties: Identification and details of buyer and seller
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the land including boundaries and title particulars
5. Purchase Price: Amount and payment terms
6. Conditions Precedent: Requirements to be met before completion
7. Completion: Process and requirements for closing the transaction
8. Representations and Warranties: Standard assurances from both parties
9. Default and Termination: Consequences of breach and termination rights
1. Development Conditions: Specific requirements if land is intended for development - include when land is purchased for development purposes
2. Environmental Conditions: Environmental warranties and obligations - include when environmental concerns exist
3. Planning Permissions: Existing or required planning approvals - include when specific planning permissions are relevant
4. Foreign Ownership Approval: Requirements for foreign buyer approval - include when buyer is foreign entity/person
1. Property Plan: Detailed survey plan of the land
2. Title Documents: Copies of relevant title documents
3. Payment Schedule: Detailed breakdown of payment terms and timeline
4. Planning Permissions: Copies of existing planning permissions
5. Environmental Reports: Any relevant environmental assessment reports
6. URA Requirements: Specific requirements from Urban Redevelopment Authority
Authors
Business Day
Completion
Completion Date
Conditions Precedent
Deposit
Development Charge
Encumbrances
Land
Land Area
Law
Master Plan
Permitted Use
Planning Permission
Plot Ratio
Property
Purchase Price
Relevant Authority
SLA
Stamp Duty
Title Documents
URA
Vacant Possession
Warranties
Zoning
Certificate of Title
Environmental Laws
Force Majeure
Material Adverse Change
Parties
Planning Act
Purchase Price Balance
Regulatory Approvals
Survey Plan
Title Search
Sale and Purchase
Purchase Price
Payment Terms
Due Diligence
Title and Ownership
Conditions Precedent
Completion
Warranties and Representations
Land Use
Development Rights
Environmental Compliance
Planning Permissions
Survey Requirements
Encumbrances
Default
Termination
Force Majeure
Assignment
Notices
Governing Law
Dispute Resolution
Confidentiality
Entire Agreement
Severability
Amendment
Costs and Stamp Duty
Registration
Authority and Capacity
Regulatory Compliance
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