Home Purchase Agreement Form Template for Singapore

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Key Requirements PROMPT example:

Home Purchase Agreement Form

"Need a Home Purchase Agreement Form for a three-bedroom HDB flat in Tampines, Singapore, with completion scheduled for March 2025, including provisions for CPF usage and an existing tenant who will remain until completion."

What is a Home Purchase Agreement Form?

The Home Purchase Agreement Form is essential for any residential property transaction in Singapore. It serves as the primary legal document establishing the rights and obligations of both buyer and seller in a property transaction. This standardized agreement ensures compliance with Singapore's strict property regulations, including HDB rules, foreign ownership restrictions, and financing requirements. The document typically includes comprehensive details about the property, payment structure, completion timeline, and various statutory declarations. It must account for unique aspects of Singapore's property market such as CPF usage, stamp duty requirements, and specific regulations for different property types (HDB, private, landed).

What sections should be included in a Home Purchase Agreement Form?

1. Parties: Identification and details of buyer and seller

2. Background: Context of the transaction and property details

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the property including address and specifications

5. Purchase Price: Agreement on price and payment terms

6. Payment Schedule: Timeline and structure of payments

7. Completion: Terms and conditions for completion of sale

8. Representations and Warranties: Statements of fact by both parties

What sections are optional to include in a Home Purchase Agreement Form?

1. Foreign Ownership Declaration: Required when buyer is non-Singaporean - includes declarations under Residential Property Act

2. CPF Usage: Terms related to use of CPF funds for property purchase including withdrawal limits and requirements

3. Mortgage Conditions: Terms related to property financing including bank mortgage requirements and conditions

4. En Bloc Provisions: Terms related to collective sale scenarios and buyer/seller rights in such cases

What schedules should be included in a Home Purchase Agreement Form?

1. Schedule 1 - Property Floor Plan: Detailed layout of the property including measurements and specifications

2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings and items included in the sale

3. Schedule 3 - Title Search: Official property ownership record and encumbrances

4. Schedule 4 - Payment Schedule: Detailed breakdown of payment milestones and amounts

5. Schedule 5 - Property Tax Certificate: Current property tax assessment and payment status

6. Schedule 6 - Maintenance Fee Schedule: Details of ongoing maintenance charges and payment terms

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Banking
Legal Services
Property Development

Relevant Teams

Legal
Real Estate
Finance
Compliance
Operations

Relevant Roles

Real Estate Agent
Property Lawyer
Mortgage Banker
Property Manager
Conveyancing Executive

Find the exact document you need

Waiver Agreement Of Purchase And Sale

A Singapore-governed legal document that releases parties from specific obligations or conditions in an original purchase and sale agreement.

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Let's create your Home Purchase Agreement Form

What is a Home Purchase Agreement Form?

What sections should be included in a Home Purchase Agreement Form?

What sections are optional to include in a Home Purchase Agreement Form?

What schedules should be included in a Home Purchase Agreement Form?

Authors

Alex Denne

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