Ownership Agreement for Singapore

Ownership Agreement Template for Singapore

An Ownership Agreement under Singapore law is a legally binding document that establishes and governs the ownership rights, responsibilities, and relationships between multiple parties regarding specific assets or property. The agreement complies with Singapore's Civil Law Act and relevant property legislation, providing a framework for ownership structure, transfer rights, management decisions, and dispute resolution. It includes specific provisions for protecting both majority and minority owners' interests while ensuring compliance with Singapore's robust legal framework.

Your data doesn't train Genie's AI

You keep IP ownership of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Ownership Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Ownership Agreement?

The Ownership Agreement is essential for clearly defining and documenting ownership arrangements in Singapore's legal context. It is particularly crucial when multiple parties share ownership of assets, businesses, or property. The agreement details ownership percentages, management rights, transfer restrictions, and dispute resolution mechanisms. Under Singapore law, this document provides legal certainty and protection for all parties involved, ensuring compliance with local regulations while establishing a clear framework for ownership-related decisions and transactions.

What sections should be included in a Ownership Agreement?

1. Parties: Identification and details of all parties involved in the ownership agreement

2. Background: Context and purpose of the ownership agreement

3. Definitions: Key terms used throughout the agreement

4. Ownership Structure: Details of ownership interests, percentages, and rights

5. Transfer Restrictions: Limitations on transfer of ownership interests

6. Management Rights: Decision-making authority and voting rights

7. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Ownership Agreement?

1. Pre-emptive Rights: Right of first refusal for existing owners when any party wishes to transfer their ownership interests

2. Tag-Along Rights: Rights allowing minority owners to join in the sale of ownership interests on the same terms as majority owners

3. Drag-Along Rights: Rights allowing majority owners to force minority owners to join in the sale of ownership interests

4. Deadlock Resolution: Procedures and mechanisms for resolving management deadlocks between owners

What schedules should be included in a Ownership Agreement?

1. Schedule 1: Initial Ownership Structure: Detailed breakdown of initial ownership allocation and percentages

2. Schedule 2: Asset Register: Comprehensive list of assets covered by the ownership agreement

3. Schedule 3: Valuation Methodology: Agreed methods and procedures for valuing ownership interests

4. Appendix A: Management Procedures: Detailed procedures and protocols for management decisions and voting

5. Appendix B: Transfer Procedures: Step-by-step process and requirements for ownership transfers

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

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Civil Law Act (Cap. 43): Primary legislation governing civil law matters and contracts in Singapore, providing the fundamental legal framework for ownership agreements

Contract Law: Common law principles governing contract formation, terms, and enforcement in Singapore's legal system

Property Law Act (Cap. 242): Regulates property rights, ownership, and transactions for both movable and immovable property in Singapore

Land Titles Act (Cap. 157): Governs the registration and transfer of land titles in Singapore, crucial for real property ownership

Companies Act (Cap. 50): Regulates company formation, structure, and share ownership in Singapore, essential for corporate ownership matters

Securities and Futures Act (Cap. 289): Governs trading and ownership of securities, financial instruments, and regulated financial assets

Business Registration Act (Cap. 32): Regulates business registration and ownership requirements in Singapore

Conveyancing and Law of Property Act (Cap. 61): Governs the transfer of property rights and interests, including rules for conveying ownership

Trustees Act (Cap. 337): Regulates trust arrangements and trustee duties in ownership structures involving trusts

Stamp Duties Act (Cap. 312): Governs taxation aspects of property transfers and ownership changes through stamp duty requirements

Personal Data Protection Act 2012: Regulates the collection, use, and disclosure of personal data in ownership agreements and related documentation

Competition Law: Ensures ownership transfers and agreements do not violate anti-competition regulations in Singapore

Foreign Ownership Restrictions: Specific regulations limiting or controlling foreign ownership of certain assets or businesses in Singapore

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

Web Design Contract

A Singapore-law governed agreement defining terms and conditions for website design services, including scope, deliverables, and rights.

find out more

Written Agreement

A legally binding Written Agreement under Singapore law establishing contractual obligations between parties.

find out more

Terms Of Employment Contract

A legally binding employment agreement under Singapore law that sets out the terms and conditions of employment between employer and employee.

find out more

Terms And Conditions For Rental Agreement

A legally binding rental agreement template compliant with Singapore property laws, establishing terms between landlord and tenant.

find out more

Simple Contract

A basic legal agreement under Singapore law for straightforward business transactions.

find out more

Simple Agreement

A basic legal agreement governed by Singapore law, designed for straightforward commercial arrangements.

find out more

Side Agreement

A Singapore law-governed supplementary agreement that modifies or clarifies terms of an existing contract.

find out more

Rental Agreement Month To Month

A flexible rental agreement for Singapore properties that renews monthly, compliant with local tenancy laws.

find out more

Mutual Agreement Between Two Parties

A bilateral agreement template governed by Singapore law, establishing mutual obligations and responsibilities between two parties.

find out more

Legally Binding Agreement

A legally binding agreement under Singapore law establishing enforceable obligations between parties.

find out more

Incorporation Agreement

A legal document establishing a new company under Singapore law, defining ownership, management structure, and governance framework.

find out more

Formal Agreement

A binding legal agreement under Singapore law establishing contractual obligations between parties.

find out more

Boilerplate Agreement

A standard template agreement under Singapore law for establishing basic business relationship terms and conditions.

find out more

Amended Contract

A Singapore law-governed document that formally modifies terms of an existing contract while maintaining its core validity.

find out more

Tooling Agreement

A Singapore law-governed agreement establishing terms for the manufacture and supply of industrial tools, including specifications, quality standards, and commercial terms.

find out more

Service Agreement Terms And Conditions

A Singapore law-governed agreement defining the terms and conditions for service provision between parties.

find out more

Representation Agreement

A Singapore-law governed agreement establishing the terms and conditions between a principal and their appointed representative.

find out more

Provisional Agreement

A preliminary binding contract under Singapore law that establishes framework terms for a future detailed agreement.

find out more

Preliminary Agreement

A Singapore-law governed initial framework document that establishes preliminary terms between parties before a definitive agreement.

find out more

Land Agreement Between Two Parties

A Singapore-law governed agreement for the transfer or sale of land between two parties, incorporating local property law requirements and regulations.

find out more

Common Terms Agreement

A Singapore law-governed agreement establishing standard terms for syndicated lending facilities.

find out more

Buyer Agency Agreement

A Singapore-compliant agreement establishing representation terms between a property buyer and real estate agent.

find out more

Subordination Agreement Mortgage

A Singapore law agreement establishing priority between multiple mortgage interests over the same property, with junior lenders subordinating their interests to the senior lender.

find out more

Statement Of Agreement

A formal declaration document under Singapore law that records specific agreements or acknowledgments between parties.

find out more

Work Contract Between Two Companies

A legal agreement for the sale and purchase of land in Singapore, conforming to local property laws and regulations.

find out more

Preliminary Contract

A Singapore-law governed preliminary agreement that establishes initial terms and framework for future detailed contracts.

find out more

Employee Accommodation Agreement

A formal legal document under Singapore law that establishes a binding agreement for the transfer of property or assets between seller and buyer.

find out more

Contractual Agreement

A legally binding agreement under Singapore law establishing terms and conditions between parties for business relationships.

find out more

Labour Contract Agreement For Construction Of House

A legal agreement governing employment terms for house construction workers in Singapore, complying with local labor and construction laws.

find out more

Partnership Agreement

A Singapore-law governed agreement establishing the terms and conditions of a partnership between two or more parties.

find out more

Business Cooperation Agreement

A Singapore-governed agreement establishing terms and conditions for business collaboration between parties.

find out more

Lodger Agreement

A Singapore-compliant legal agreement between a resident landlord and a lodger for sharing residential accommodation.

find out more

Training Agreement Between Company And Employee

A legally binding agreement under Singapore law that establishes terms and conditions between service providers and users.

find out more

Head Of Terms Agreement

A preliminary agreement under Singapore law outlining key terms and conditions for a proposed business transaction or arrangement.

find out more

Business Contract

A Singapore law-governed business contract for establishing commercial relationships between business entities.

find out more

Dispute Resolution Agreement

A Singapore law-governed agreement establishing procedures for resolving disputes through mediation, arbitration, or other agreed methods.

find out more

Bike Sale Agreement

A Singapore law-governed agreement for the sale and purchase of bicycles, including terms of sale, warranties, and regulatory compliance.

find out more

Umbrella Agreement

A Singapore law-governed master agreement establishing framework terms for ongoing business relationships and subsequent specific agreements.

find out more

Share Purchase Agreement

A Singapore law-governed agreement for the sale and purchase of shares in a company, setting out transaction terms and conditions.

find out more

Rent To Own Agreement Form

A Singapore-compliant agreement allowing tenants to rent property with an option to purchase at a predetermined price and terms.

find out more
See more related templates

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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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

2 Docs LeftAccess Now