Sale Deed And Construction Agreement for Singapore

Sale Deed And Construction Agreement Template for Singapore

A comprehensive legal document governed by Singapore law that combines both the sale of property and the agreement for its construction. It details the terms of property transfer, construction specifications, payment schedules, and quality standards while ensuring compliance with Singapore's Building Control Act, Planning Act, and related legislation. The document establishes rights and obligations of both parties throughout the construction process and subsequent property transfer.

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What is a Sale Deed And Construction Agreement?

The Sale Deed And Construction Agreement is a crucial document in Singapore's real estate development sector, typically used when a property is sold before or during construction. It serves dual purposes: documenting the property sale and outlining construction specifications. This document is essential for off-plan property purchases, ensuring compliance with Singapore's strict building regulations while protecting both buyer and developer interests. It includes detailed construction timelines, payment schedules, quality standards, and property transfer terms, all aligned with Singapore's legal framework.

What sections should be included in a Sale Deed And Construction Agreement?

1. Parties: Details of the seller/developer and buyer

2. Background: Context of the transaction and property details

3. Definitions: Key terms used throughout the agreement

4. Sale and Purchase: Core terms of the property sale

5. Purchase Price: Price and payment schedule

6. Construction Specifications: Detailed construction requirements and standards

7. Timeline: Construction milestones and completion dates

8. Warranties: Construction and property warranties

9. Defects Liability: Terms for addressing construction defects

10. Termination: Conditions for contract termination

What sections are optional to include in a Sale Deed And Construction Agreement?

1. Variations: Process for handling construction changes when modifications to original plans may be needed

2. Environmental Compliance: Environmental protection measures for projects with significant environmental impact

3. Financing: Terms related to external financing when buyer requires mortgage financing

4. Site Access: Rules for accessing construction site when buyer requires interim site visits

What schedules should be included in a Sale Deed And Construction Agreement?

1. Property Description Schedule: Detailed description of the property including boundaries and measurements

2. Construction Specifications Schedule: Detailed technical specifications and drawings

3. Payment Schedule: Breakdown of payment milestones

4. Construction Timeline Schedule: Detailed project schedule with milestones

5. Materials Specification Schedule: List of approved materials and quality standards

6. Floor Plans: Architectural drawings and floor plans

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Sales Agreement

Sector

Sales

Cost

Free to use
Relevant legal definitions
Clauses
Industries

Sale of Goods Act (SOGA): Primary legislation governing the sale of goods and transfer of property, defining fundamental rights and obligations of buyers and sellers in Singapore

Building Control Act: Regulates building works and construction activities, establishes standards for building safety and construction requirements, including building plan approval processes

Planning Act: Controls land use and development, including zoning requirements and necessary development permissions for construction projects

Conveyancing and Law of Property Act: Specifies legal requirements for property transactions and transfer of title requirements in Singapore

Building and Construction Industry Security of Payment Act: Regulates payment terms, disputes, and progress payment provisions in construction contracts

Housing Developers (Control and Licensing) Act: Governs residential property development, including licensing requirements and regulations for housing developers

Workplace Safety and Health Act: Establishes safety requirements and standards that must be maintained during construction activities

Environmental Protection and Management Act: Sets environmental compliance requirements and standards for construction projects

Contract Law (Common Law): Governs contract formation, terms and conditions, breach and remedies based on Singapore's Common Law principles

Stamp Duties Act: Determines applicable stamp duties and tax obligations for property transactions in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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