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Real Estate Buyout Agreement
"Need a Real Estate Buyout Agreement for the purchase of a commercial property in Singapore's Central Business District, with completion scheduled for March 2025 and including specific provisions for existing tenant rights and renovation allowances."
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 being sold
5. Purchase Price: Amount and payment terms
6. Completion: Timeline and conditions for completion
7. Representations and Warranties: Statements of fact by both parties
8. Termination: Conditions for contract termination
1. Tenant Rights: Required if property is currently tenanted - includes provisions for existing tenant agreements and rights
2. Renovation Works: Details of ongoing or planned renovations - includes completion timelines and responsibilities
3. Foreign Ownership Approval: Requirements and conditions for foreign buyer approval under Singapore law
1. Property Floor Plan: Detailed floor plan and measurements of the property
2. Title Documents: Copies of relevant title documents and certificates
3. Inventory List: Comprehensive list of fixtures and fittings included in the sale
4. Condition Report: Detailed report on the current condition of the property
5. Due Diligence Documents: Property searches, regulatory approvals, and other relevant documentation
Authors
Property
Purchase Price
Completion Date
Deposit
Completion Payment
Business Day
Encumbrances
Title Documents
Fixtures and Fittings
Vacant Possession
Certificate of Title
Strata Title
Property Tax
Stamp Duty
Additional Buyer's Stamp Duty (ABSD)
Seller's Stamp Duty (SSD)
Option to Purchase
Sale and Purchase Agreement
Conveyancing
Land Titles Registry
Regulatory Approvals
Property Search
Permitted Use
Legal Representative
Effective Date
Force Majeure
Material Adverse Change
Representations and Warranties
Working Day
Renovation Works
Defects
Common Property
Management Corporation
Maintenance Fees
Sinking Fund
Requisitions
Title Encumbrances
Charge
Mortgage
Sale and Purchase
Purchase Price
Payment Terms
Deposit
Completion
Property Transfer
Title and Ownership
Representations and Warranties
Property Condition
Vacant Possession
Encumbrances
Due Diligence
Regulatory Compliance
Stamp Duty
Property Tax
Maintenance Fees
Insurance
Risk and Property Damage
Existing Tenancies
Termination
Default
Remedies
Force Majeure
Assignment
Notices
Costs and Expenses
Governing Law
Dispute Resolution
Entire Agreement
Severability
Amendments
Confidentiality
Third Party Rights
Further Assurance
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