Legal Templates
60 Day Notice Of Intent To Sell

60 Day Notice Of Intent To Sell Template for Singapore

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Key Requirements PROMPT example:

60 Day Notice Of Intent To Sell

"I need a 60 Day Notice Of Intent To Sell for my HDB flat in Tampines, which I plan to sell by March 2025, and I need to ensure it includes proper notification to my current tenants whose lease expires in April 2025."

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What is a 60 Day Notice Of Intent To Sell?

The 60 Day Notice Of Intent To Sell is a crucial document in Singapore's property transaction process, used when a property owner decides to sell their property. This notice is particularly important for properties with existing tenants or when dealing with managed properties like condominiums. The document includes essential details such as property information, owner details, intended timeline for sale, and current property status. In Singapore's highly regulated property market, this notice helps ensure compliance with legal requirements and provides clear communication to all relevant parties. It may be required for both private properties and HDB flats, though specific requirements may vary.

What sections should be included in a 60 Day Notice Of Intent To Sell?

1. Sender's Details: Full name, address, and contact information of the property owner

2. Property Details: Complete address and description of the property being sold

3. Intent Declaration: Clear statement of intention to sell the property

4. Timeline: Specific date of intended sale and 60-day notice period details

5. Current Property Status: Declaration of current occupancy and any existing tenancies

What sections are optional to include in a 60 Day Notice Of Intent To Sell?

1. Reason for Sale: Optional explanation of motivation for selling, if relevant to the notification

2. Property Valuation: Section detailing recent property valuation if available

3. HDB-Specific Details: Required only for HDB properties - including ethnic quota status and eligibility conditions

4. Tenant Information: Details of current tenancy arrangements if property is currently tenanted

What schedules should be included in a 60 Day Notice Of Intent To Sell?

1. Property Title Documents: Copy of property title or HDB lease document

2. Floor Plan: Current floor plan of the property

3. Valuation Report: Recent property valuation report if available

4. Tenancy Agreement: Copy of current tenancy agreement if property is tenanted

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

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alex.den.21@genieai.co
Relevant legal definitions
Property
Intended Sale Date
Notice Period
Seller
Property Title
Premises
Current Occupants
Selling Price
Property Agent
Valuation Report
Business Day
Completion Date
Effective Date
Existing Tenancy
Lease Agreement
Option to Purchase
Property Management Corporation
Strata Title
Title Deed
Transfer Date
HDB Flat
Minimum Occupation Period
Ethnic Integration Policy
HDB Lease
Eligibility Conditions
Management Corporation
Common Property
Share Value
Subsidiary Proprietor
Strata Roll
Clauses
Notice Period
Property Description
Intent Declaration
Sale Timeline
Property Access
Current Occupancy Status
Property Condition
Contact Details
Documentation Requirements
Property Valuation
Inspection Rights
Marketing Authorization
Agency Appointment
Tenant Rights
Existing Lease Terms
HDB Requirements
Ethnic Quota Compliance
Strata Title Requirements
Management Corporation Notice
Mortgage Status
Compliance Declaration
Stamp Duty Requirements
Legal Authority
Ownership Verification
Title Status
Industries

Residential Property Act: Chapter 274 of Singapore laws governing residential property ownership and transactions, particularly relevant for foreign ownership restrictions

Housing and Development Act: Primary legislation governing public housing (HDB properties) in Singapore, including sales and transfers

Building Maintenance and Strata Management Act: Legislation governing management and transactions of strata-titled properties like condominiums

Common Law Notice Requirements: General principles of reasonable notice periods under Singapore common law for property transactions

HDB Regulations: Specific rules for HDB properties including Minimum Occupation Period (MOP), Ethnic Integration Policy (EIP), and SPR quotas

Planning Act: Legislation governing land use and development control in Singapore

Land Titles Act: Law governing the registration and transfer of land titles in Singapore

ABSD Regulations: Additional Buyer's Stamp Duty rules affecting property transactions and pricing considerations

SSD Timeline Requirements: Seller's Stamp Duty regulations including holding period requirements and tax implications

Landlord and Tenant Act: Laws governing the relationship between landlords and tenants, including notice requirements for termination

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

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