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Residential Contract Of Sale
"I need a Residential Contract of Sale for a freehold condominium unit in Singapore's District 10, with completion scheduled for March 2025, including specific provisions for existing tenancy and en bloc potential."
1. Parties: Identification and details of the vendor and purchaser
2. Background: Context of the sale and property background
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including address, lot number, and specifications
5. Purchase Price: Agreement on price and payment terms
6. Mode of Payment: Details of how and when payments will be made, including deposit and balance
7. Completion: Terms and timing of completion of sale
8. Title and Transfer: Provisions regarding property title and transfer process
9. Representations and Warranties: Statements of fact and promises by both parties
10. Property Condition: State and condition of the property at time of sale
11. Default and Remedies: Consequences and remedies in case of breach by either party
1. HDB-Specific Terms: Additional terms and conditions specific to HDB properties, including ethnic quota and eligibility requirements
2. En Bloc Provisions: Terms relating to potential collective sale scenarios
3. Tenancy Provisions: Terms regarding existing tenancies and handover conditions
4. Mortgage Provisions: Special terms relating to existing mortgages or financing arrangements
5. GST Provisions: Special provisions regarding Goods and Services Tax if applicable
1. Property Inventory: Detailed list of fixtures, fittings, and items included in the sale
2. Title Documents: Copies of relevant title documents and certificates
3. Floor Plan: Detailed floor plan and property measurements
4. Payment Schedule: Breakdown of payment installments and timeline
5. Property Tax Documents: Current property tax assessments and payment status
6. Maintenance Records: History of property maintenance and improvements
Authors
Property
Completion Date
Completion
Deposit
Purchase Price
Title Documents
Vendor
Purchaser
Business Day
Encumbrances
Estate
Fixtures and Fittings
Legal Requisitions
Option to Purchase
Permitted Occupiers
Property Tax
Sale and Purchase Agreement
Stamp Duty
Title Deeds
Vacant Possession
Working Day
Certificate of Title
Common Property
Defects
Land
Leasehold
Freehold
Management Corporation
Share Value
Strata Title
Subsidiary Proprietor
Unit
Valuation
GST
Conveyancing Account
Central Provident Fund
Option Fee
Exercise Date
Existing Tenancy
Purchase Price
Payment Terms
Deposit
Completion
Title and Transfer
Warranties and Representations
Vacant Possession
Property Condition
Fixtures and Fittings
Legal Requisitions
Taxes and Duties
Insurance
Default and Remedies
Risk and Property
Assignment
Notices
Governing Law
Dispute Resolution
Force Majeure
Entire Agreement
Severability
Amendment
Costs and Expenses
Maintenance Charges
Property Tax Apportionment
Existing Tenancies
CPF Usage
Bank Loan
Option Exercise
Due Diligence
Restrictions on Use
Management Corporation Matters
HDB Compliance
Foreign Ownership Restrictions
Stamp Duty Obligations
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