The Real Property Sales Contract is a fundamental document used in Singapore property transactions to formalize the sale and purchase of real estate. This contract is essential when transferring property ownership and must adhere to Singapore's comprehensive property legislation. It includes crucial details about the property, parties involved, purchase price, payment terms, completion dates, and various conditions precedent. The document needs to comply with specific requirements under Singapore law, including provisions related to stamp duties, foreign ownership restrictions (if applicable), and HDB regulations (for public housing). It serves as the primary reference document throughout the conveyancing process and forms the basis for property transfer registration with the Singapore Land Authority.
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1. Parties: Details of the vendor and purchaser, including full legal names, identification numbers, and addresses
2. Background: Context of the sale, basic property details, and intention of parties to enter into the transaction
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Property Description: Detailed description of the property including lot number, boundaries, floor area, and included fixtures
5. Purchase Price: Sale price, payment terms, deposit requirements, and method of payment
6. Completion: Timeline, conditions for completion, and completion procedures
7. Title and Transfer: Provisions regarding clean title, transfer process, and registration requirements
8. Representations and Warranties: Standard warranties from both parties regarding ownership, capacity to sell/buy, and property condition
1. Foreign Ownership Provisions: Special provisions required when purchaser is foreign, including approval requirements under Residential Property Act
2. HDB Compliance: Special provisions for HDB properties including ethnic quota compliance and eligibility requirements
3. Tenant Provisions: Provisions dealing with existing tenancy arrangements and handover conditions
4. Mortgage Discharge: Provisions for clearing existing mortgage and coordination with current mortgagee
1. Property Details Schedule: Detailed property specifications, floor plans, and boundary plans
2. Inventory Schedule: Comprehensive list of included fixtures, fittings, and furnishings
3. Title Documents Schedule: Copies of relevant title documents and land searches
4. Payment Schedule: Detailed breakdown of payment terms, timeline, and milestone payments
5. Tenancy Documents Schedule: Current lease agreements and tenant information where applicable
Relevant legal definitions
Agreement
Property
Purchase Price
Completion Date
Completion
Deposit
Title Documents
Encumbrances
Fixtures and Fittings
Land
Legal Requisitions
Option to Purchase
Party/Parties
Purchaser
Vendor
Sale and Purchase
Singapore Land Authority
Stamp Duty
Title Deeds
Business Day
Certificate of Title
Conveyancing Money
Existing Tenancy
Good Title
Legal Fees
Maintenance Charges
Material Damage
Mortgage
Notice to Complete
Outstanding Property Tax
Payment Schedule
Property Tax
Relevant Authority
Strata Title
Vacant Possession
Property
Purchase Price
Completion Date
Completion
Deposit
Title Documents
Encumbrances
Fixtures and Fittings
Land
Legal Requisitions
Option to Purchase
Party/Parties
Purchaser
Vendor
Sale and Purchase
Singapore Land Authority
Stamp Duty
Title Deeds
Business Day
Certificate of Title
Conveyancing Money
Existing Tenancy
Good Title
Legal Fees
Maintenance Charges
Material Damage
Mortgage
Notice to Complete
Outstanding Property Tax
Payment Schedule
Property Tax
Relevant Authority
Strata Title
Vacant Possession
Clauses
Interpretation
Sale and Purchase
Purchase Price
Payment Terms
Completion
Property Inspection
Title and Transfer
Representations and Warranties
Vacant Possession
Risk and Insurance
Property Tax and Outgoings
Existing Tenancies
Fixtures and Fittings
Legal Requisitions
Stamp Duty
Default
Termination
Time of Essence
Notices
Assignment
Severability
Entire Agreement
Variation
Governing Law
Dispute Resolution
Force Majeure
Joint and Several Liability
Costs and Expenses
Good Faith
Counterparts
Sale and Purchase
Purchase Price
Payment Terms
Completion
Property Inspection
Title and Transfer
Representations and Warranties
Vacant Possession
Risk and Insurance
Property Tax and Outgoings
Existing Tenancies
Fixtures and Fittings
Legal Requisitions
Stamp Duty
Default
Termination
Time of Essence
Notices
Assignment
Severability
Entire Agreement
Variation
Governing Law
Dispute Resolution
Force Majeure
Joint and Several Liability
Costs and Expenses
Good Faith
Counterparts
Relevant Industries
Relevant Teams
Relevant Roles
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