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Deed Of Release Of Restrictive Covenant

Deed Of Release Of Restrictive Covenant Template for Singapore

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Key Requirements PROMPT example:

Deed Of Release Of Restrictive Covenant

"I need a Deed of Release of Restrictive Covenant to remove height restrictions on my commercial property at 123 Orchard Road, Singapore, as we're planning to redevelop the building in March 2025 and need to build up to 30 stories."

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Document background
The Deed of Release of Restrictive Covenant is utilized when property owners need to remove restrictions that were previously placed on their land use or development. These restrictions might have included limitations on building height, property use, or development type. Under Singapore law, this deed must be properly executed and registered with the Singapore Land Authority to be effective. The document typically includes detailed property descriptions, the specific covenant being released, and the terms of release. This formal instrument ensures compliance with Singapore's property law framework while providing clear evidence of the covenant's discharge.
Suggested Sections

1. Parties: Details of the covenantee (party releasing the covenant) and covenantor

2. Background: History of the restrictive covenant and reason for release

3. Definitions: Key terms used in the deed

4. Property Description: Detailed description of the affected property

5. Covenant Details: Description of the restrictive covenant being released

6. Release Provisions: Formal release of the covenant and its effect

7. Execution: Formal execution clauses and signature blocks

Optional Sections

1. Consideration: Details of any payment made for the release of the covenant

2. Conditions Precedent: Conditions that must be met before the release takes effect

3. Partial Release: Provisions specifying which parts of the covenant are being released, when only a partial release is intended

Suggested Schedules

1. Property Description Schedule: Detailed legal description of the property including lot numbers and boundaries

2. Original Covenant Schedule: Copy of the original restrictive covenant being released

3. Plans Schedule: Property plans or surveys if relevant to the release

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
Industries

Conveyancing and Law of Property Act (Cap. 61): Primary legislation governing property transactions and interests in land in Singapore, including the creation and release of covenants

Land Titles Act (Cap. 157): Legislation governing the registration and transfer of land titles in Singapore, relevant for recording the release of restrictive covenants

Registration of Deeds Act (Cap. 269): Law governing the registration of deeds and instruments affecting land in Singapore

Civil Law Act (Cap. 43): Framework legislation for civil law matters including contract law principles applicable to deeds

Planning Act (Cap. 232): Legislation governing land use and development controls, which may affect the nature and scope of restrictive covenants

URA Guidelines: Urban Redevelopment Authority guidelines that may impact land use restrictions and covenants

SLA Requirements: Singapore Land Authority specific requirements for dealing with land-related instruments and their registration

Stamp Duties Act (Cap. 312): Legislation governing stamp duty obligations for property-related documents and instruments

Common Law Principles: Relevant case law and common law principles regarding restrictive covenants, their creation, enforcement, and release

Deed Execution Requirements: Statutory and common law requirements for valid execution of deeds, including witnessing and attestation requirements

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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