An Authorization Letter For Buying Property is a crucial document in Singapore's property market that enables a designated person to act on behalf of another in property transactions. This document is particularly useful when the property buyer cannot be physically present for the transaction process or prefers to delegate the responsibility. It must comply with Singapore's legal framework, including the Residential Property Act and Land Titles Act. The authorization letter typically specifies the property details, scope of authority, and any limitations on the agent's powers. It requires proper witnessing and often notarization to be legally valid.
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1. Date and Location: Current date and place of execution of the authorization letter
2. Principal's Details: Full name, NRIC/Passport number, and address of the person giving authorization
3. Attorney's Details: Full name, NRIC/Passport number, and address of the authorized person
4. Property Details: Complete description of the property including address, lot number, and other identifying details
5. Scope of Authority: Specific powers being granted regarding the property purchase, including ability to negotiate, sign documents, and complete transactions
6. Duration: Validity period of the authorization and expiry date
7. Signature Block: Space for principal's signature, witness signatures, and date of signing
1. Transaction Limits: Used when setting specific financial limitations on the attorney's authority for the property purchase
2. Special Conditions: Any specific conditions or restrictions on the attorney's authority in relation to the property purchase
3. Revocation Clause: Terms and conditions under which the authorization can be revoked before its expiry
4. Governing Law: Specific mention of Singapore law as the governing law, particularly relevant for international transactions
1. Schedule A - Identity Documents: Certified copies of NRIC/Passport of principal and attorney
2. Schedule B - Property Information: Property title details, floor plans, and other relevant property documents
3. Schedule C - Witness Attestation: Notary or witness certification details and stamps
4. Schedule D - Powers Granted: Detailed list of specific powers granted to the attorney regarding the property purchase
Relevant legal definitions
Principal
Attorney/Agent
Property
Authorization
Purchase Price
Completion Date
Transaction Documents
Option to Purchase
Sale and Purchase Agreement
Title Deeds
Certificate of Title
Consideration
Effective Date
Term
Property Address
Lot Number
Land Authority
Permitted Use
Stamp Duty
Transfer Documents
Business Day
Governing Law
Jurisdiction
Force Majeure
Third Party
Witness
Attorney/Agent
Property
Authorization
Purchase Price
Completion Date
Transaction Documents
Option to Purchase
Sale and Purchase Agreement
Title Deeds
Certificate of Title
Consideration
Effective Date
Term
Property Address
Lot Number
Land Authority
Permitted Use
Stamp Duty
Transfer Documents
Business Day
Governing Law
Jurisdiction
Force Majeure
Third Party
Witness
Clauses
Authorization Grant
Scope of Authority
Duration and Termination
Property Details
Financial Authority
Powers and Limitations
Representations and Warranties
Execution of Documents
Revocation
Indemnification
Governing Law
Witness Requirements
Notarization
Severability
Assignment
Entire Agreement
Amendment
Force Majeure
Notice Requirements
Compliance with Laws
Scope of Authority
Duration and Termination
Property Details
Financial Authority
Powers and Limitations
Representations and Warranties
Execution of Documents
Revocation
Indemnification
Governing Law
Witness Requirements
Notarization
Severability
Assignment
Entire Agreement
Amendment
Force Majeure
Notice Requirements
Compliance with Laws
Relevant Industries
Relevant Teams
Relevant Roles
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