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Vacant Land Purchase And Sale Agreement
"I need a Vacant Land Purchase And Sale Agreement for a 5,000 square meter industrial plot in Jurong, Singapore, with completion scheduled for March 2025, including specific provisions for environmental testing and future development rights."
1. Parties: Identification of buyer and seller with full legal details
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the vacant land including lot number, boundaries, and size
5. Purchase Price: Amount and payment terms
6. Conditions Precedent: Conditions that must be met before completion
7. Completion: Timeline and requirements for closing the transaction
8. Representations and Warranties: Standard declarations by both parties
9. Default and Termination: Consequences of breach and termination rights
1. Environmental Conditions: Used when environmental assessments are required or when land has potential contamination issues
2. Development Conditions: Specific conditions related to future development when buyer intends to develop the land
3. Foreign Ownership Approval: Requirements for foreign buyers when buyer is not a Singapore citizen/entity
1. Property Details Schedule: Detailed technical description of the land including survey plans
2. Title Documents: Copies of relevant title documents and encumbrances
3. Planning Permissions: Copies of relevant planning permissions and restrictions
4. Due Diligence Results: Results of technical and legal due diligence
5. Payment Schedule: Detailed breakdown of payment terms and milestone payments
Authors
Property
Purchase Price
Completion Date
Deposit
Business Day
Title Documents
Encumbrances
Planning Permission
Permitted Use
Land Area
Master Plan
Completion
Conditions Precedent
Due Diligence
Environmental Laws
Force Majeure
Government Authority
Land Survey
Legal Requisitions
Material Adverse Change
Option to Purchase
Planning Requirements
Purchase Documents
Seller's Solicitors
Buyer's Solicitors
Stamp Duty
Title Search
URA
Vacant Possession
Warranties
Zoning Requirements
Certificate of Title
Development Charge
Plot Ratio
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Due Diligence
Title and Ownership
Conditions Precedent
Completion
Seller's Warranties
Buyer's Warranties
Property Condition
Environmental Matters
Planning and Zoning
Representations
Default
Termination
Force Majeure
Notices
Assignment
Costs and Expenses
Stamp Duty
Confidentiality
Entire Agreement
Amendments
Severability
Governing Law
Dispute Resolution
Third Party Rights
Indemnification
Land Survey
Property Access
Future Development Rights
Time of Essence
Further Assurance
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