Waiver Agreement Of Purchase And Sale Generator for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Waiver Agreement Of Purchase And Sale

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Waiver Agreement Of Purchase And Sale

"I need a Waiver Agreement of Purchase and Sale to release the buyer from their obligation to purchase our manufacturing equipment, as they've encountered unexpected financial difficulties; the original agreement was signed for SGD 2.5 million and was due to complete in March 2025."

Document background
A Waiver Agreement of Purchase and Sale is utilized when parties to an existing purchase and sale agreement wish to formally waive certain rights, obligations, or conditions contained in their original contract. Under Singapore law, this document provides legal certainty and protection for all parties involved, clearly documenting which specific provisions are being waived and under what circumstances. The agreement must comply with Singapore contract law requirements and typically includes details of the original agreement, specific provisions being waived, and any consideration provided for the waiver. It's particularly important in commercial transactions where clarity and legal certainty are essential.
Suggested Sections

1. Parties: Identifies all parties to the agreement and their details

2. Background: Context of the original purchase and sale agreement and reason for waiver

3. Definitions: Key terms used throughout the agreement

4. Waiver Provisions: Specific rights, obligations, or conditions being waived

5. Consideration: Details of any consideration for the waiver

6. Governing Law: Specifies Singapore law as governing law

7. Execution: Signature blocks and execution requirements

Optional Sections

1. Partial Waiver Provisions: Used when only specific parts of the original agreement are being waived

2. Conditions Precedent: Conditions that must be met before waiver becomes effective

3. Representations and Warranties: Statements of fact by parties regarding their authority to waive

Suggested Schedules

1. Original Agreement: Copy of the original purchase and sale agreement being waived

2. Specific Rights Schedule: Detailed list of specific rights being waived

3. Authorization Documents: Corporate or other authorizations proving authority to waive

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, providing the fundamental framework for contract formation, enforcement, and remedies

Contract Law (Amendment) Act: Updates and modifications to Singapore's contract law framework, incorporating modern commercial practices and requirements

Sale of Goods Act (Cap. 393): Regulates the sale of goods and commercial transactions, defining rights and obligations of buyers and sellers

Conveyancing and Law of Property Act (Cap. 61): Governs property transactions and transfers in Singapore, particularly relevant if the purchase and sale involves real estate

Land Titles Act (Cap. 157): Regulates the registration and transfer of land titles in Singapore, ensuring security of property ownership

Consumer Protection (Fair Trading) Act (Cap. 52A): Protects consumer interests and ensures fair trading practices in commercial transactions

Unfair Contract Terms Act (Cap. 396): Controls the use of unfair terms in contracts, particularly in standard form contracts and consumer agreements

Supply of Goods Act: Supplements the Sale of Goods Act, providing additional protections and regulations for supply of goods

Stamp Duties Act (Cap. 312): Governs the stamping requirements and duties payable on various types of documents and transactions

Electronic Transactions Act (Cap. 88): Provides legal framework for electronic transactions and digital signatures in Singapore

Common Law Principles - Waiver: Legal principles governing the valid waiver of rights and obligations under Singapore common law

Doctrine of Estoppel: Legal principle preventing a party from asserting rights they have previously waived through conduct or representation

Document Execution Requirements: Formal requirements under Singapore law for proper execution, witnessing, and notarization of legal documents

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Waiver Agreement Of Purchase And Sale

find out more

Simple Property Sale Agreement

find out more

Purchase Sale Agreement Form

find out more

Home Purchase Agreement Form

find out more

Contract To Sell A Vehicle

find out more

Assignment Of Contract To Sell

find out more

Second Hand Bike Purchase Agreement

find out more

Contract To Sell Lot

find out more

Offer To Purchase Property Form

find out more

Mortgage Loan Sale Agreement

find out more

Asset Purchase Agreement Goodwill

find out more

Commercial Real Estate Purchase Contract

find out more

Unit Sale Agreement

find out more

Equity Sale Agreement

find out more

Agreement Of Purchase And Sale Condominium

find out more

Pre Sale Purchase Agreement

find out more

Agreement For Sale Of Machinery

find out more

Domain Sale Agreement

find out more

Vacant Land Purchase Contract

find out more

Buy Sell Agreement Cross Purchase

find out more

Purchase And Sale Agreement Oil And Gas

find out more

Preliminary Sale Agreement

find out more

Offer Purchase Contract

find out more

Asset Purchase Agreement Term Sheet

find out more

Installment Purchase Contract

find out more

Real Estate Sales Agreement

find out more

Agreement To Sell Property

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.