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Property Settlement Agreement
"I need a Property Settlement Agreement for transferring my private residential property in Singapore to my ex-spouse as part of our divorce settlement, with completion scheduled for March 2025 and including provisions for existing mortgage arrangements with DBS Bank."
1. Parties: Identification and details of all parties involved in the settlement
2. Background: Context of the property settlement, including property details and reason for settlement
3. Definitions: Key terms used tHRoughout the agreement
4. Property Description: Detailed description of the property including address and title details
5. Settlement Terms: Core terms of the property settlement including division and transfer details
6. Payment Terms: Financial arrangements including payment schedule and method
7. Completion: Timeline and process for completing the settlement
1. Mortgage Details: Special provisions when property has existing mortgage, including terms for discharge or transfer of mortgage
2. Foreign Ownership Provisions: Special provisions and compliance requirements for foreign owners under Singapore's Residential Property Act
3. HDB-Specific Provisions: Special provisions for HDB properties including compliance with HDB regulations and restrictions
4. Rental Provisions: Terms regarding existing tenancies, including treatment of rental deposits and lease agreements
1. Schedule 1 - Property Title Documents: Copies of title deeds and certificates
2. Schedule 2 - Valuation Report: Professional valuation of the property
3. Schedule 3 - Payment Schedule: Detailed breakdown of payment terms and dates
4. Schedule 4 - Property Inventory: List of fixtures and fittings included in settlement
5. Schedule 5 - Outstanding Mortgages: Details of any existing mortgages or liens
Authors
Business Day
Completion
Completion Date
Consideration
Deposit
Effective Date
Encumbrances
Fixtures and Fittings
Land
Outstanding Loans
Parties
Permitted Use
Property
Property Title
Purchase Price
Purchaser
Registration Fees
Related Documents
Relevant Authority
Seller
Settlement Date
Stamp Duty
Title Documents
Transfer Documents
Valuation
Vacant Possession
HDB
Ethnic Integration Policy
Minimum Occupation Period
Resale Levy
Singapore Permanent Resident
Upgrading Works
Bank
Discharge of Mortgage
Interest Rate
Loan Agreement
Mortgagee
Mortgage Terms
Property Description
Purchase Price
Payment Terms
Completion
Vacant Possession
Title and Transfer
Representations and Warranties
Due Diligence
Inspection Rights
Property Condition
Encumbrances
Fixtures and Fittings
Insurance
Assignment
Stamp Duty
Registration
Costs and Expenses
Default
Termination
Force Majeure
Notices
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Confidentiality
Further Assurance
Time of Essence
Mortgage
HDB Compliance
Foreign Ownership
Property Management
Rental Income
Tax Matters
Environmental Compliance
Planning Permission
Development Rights
Easements
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