The Private House Sale Contract is a fundamental legal document used in Singapore's real estate transactions for private residential properties. It serves as the primary agreement between buyer and seller, detailing all aspects of the property transfer including price, payment schedule, completion terms, and warranties. This document must comply with Singapore's strict property laws and regulations, including stamp duty requirements and foreign ownership restrictions where applicable. The contract is typically prepared by conveyancing lawyers and must incorporate all necessary elements to ensure a valid and enforceable property transfer under Singapore law.
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1. Parties: Details of the seller and purchaser including full names, identification numbers, and addresses
2. Background: Context of the sale transaction and brief property overview
3. Definitions: Key terms and definitions used throughout the agreement
4. Property Description: Detailed description of the property including address, land title details, and boundaries
5. Purchase Price: Agreement on purchase price, payment terms, and deposit arrangements
6. Completion: Terms, timing, and conditions for completion of the sale
7. Seller's Warranties: Warranties regarding property ownership, condition, and encumbrances
8. Title and Transfer: Provisions regarding clean title transfer and registration requirements
9. Stamp Duty: Obligations regarding payment of stamp duties (BSD, ABSD, or SSD as applicable)
1. Financing Conditions: Used when buyer requires mortgage financing, including conditions precedent and timing requirements
2. Foreign Ownership Approval: Required approvals and conditions for foreign buyers under the Residential Property Act
3. Tenant Provisions: Provisions dealing with existing tenancy, including handover of tenancy deposits and documentation
4. Property Agent Commission: Terms regarding payment of property agent commissions, if applicable
5. GST Provisions: Required when the seller is GST-registered and the sale is subject to GST
1. Schedule 1 - Property Details: Detailed property specifications, floor plans, and boundary plans
2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale
3. Schedule 3 - Title Documents: Copies of title documents, including land registry extracts
4. Schedule 4 - Payment Schedule: Detailed breakdown of payment timeline and amounts
5. Appendix A - Property Tax Certificate: Current property tax assessment and payment status
6. Appendix B - Maintenance Records: Documentation of property maintenance history and ongoing fees
Relevant legal definitions
Agreement
Property
Completion Date
Completion
Purchase Price
Deposit
Balance Purchase Price
Title Documents
Fixtures and Fittings
Business Day
Conveyancing Documents
Defect
Encumbrances
Property Tax
Maintenance Charges
Requisitions
Seller's Solicitors
Buyer's Solicitors
Stamp Duty
Certificate of Title
Option to Purchase
Vacant Possession
Legal Completion
Sale and Purchase Agreement
Payment Terms
Force Majeure
Warranties
Material Breach
Notice
Governing Law
Working Day
Land Transfer
Outgoings
Permitted Use
Strata Title
Property
Completion Date
Completion
Purchase Price
Deposit
Balance Purchase Price
Title Documents
Fixtures and Fittings
Business Day
Conveyancing Documents
Defect
Encumbrances
Property Tax
Maintenance Charges
Requisitions
Seller's Solicitors
Buyer's Solicitors
Stamp Duty
Certificate of Title
Option to Purchase
Vacant Possession
Legal Completion
Sale and Purchase Agreement
Payment Terms
Force Majeure
Warranties
Material Breach
Notice
Governing Law
Working Day
Land Transfer
Outgoings
Permitted Use
Strata Title
Clauses
Property Description
Purchase Price
Payment Terms
Deposit
Completion
Title and Transfer
Warranties
Property Condition
Vacant Possession
Property Tax and Outgoings
Insurance
Risk and Property Management
Existing Tenancies
Seller's Obligations
Buyer's Obligations
Due Diligence
Default and Remedies
Stamp Duty
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendments
Time of Essence
Joint and Several Liability
Costs and Expenses
Termination
Property Access
Representations
Indemnification
Survival
Purchase Price
Payment Terms
Deposit
Completion
Title and Transfer
Warranties
Property Condition
Vacant Possession
Property Tax and Outgoings
Insurance
Risk and Property Management
Existing Tenancies
Seller's Obligations
Buyer's Obligations
Due Diligence
Default and Remedies
Stamp Duty
Assignment
Force Majeure
Notices
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendments
Time of Essence
Joint and Several Liability
Costs and Expenses
Termination
Property Access
Representations
Indemnification
Survival
Relevant Industries
Relevant Teams
Relevant Roles
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