Legal Templates
Waiver Agreement Of Purchase And Sale

Waiver Agreement Of Purchase And Sale Template for Singapore

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Waiver Agreement Of Purchase And Sale

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Waiver Agreement Of Purchase And Sale

"I need a Waiver Agreement of Purchase and Sale to release the buyer from their obligation to purchase our manufacturing equipment, as they've encountered unexpected financial difficulties; the original agreement was signed for SGD 2.5 million and was due to complete in March 2025."

Celebrated by
Collaborations with
Investors

What is a Waiver Agreement Of Purchase And Sale?

A Waiver Agreement of Purchase and Sale is utilized when parties to an existing purchase and sale agreement wish to formally waive certain rights, obligations, or conditions contained in their original contract. Under Singapore law, this document provides legal certainty and protection for all parties involved, clearly documenting which specific provisions are being waived and under what circumstances. The agreement must comply with Singapore contract law requirements and typically includes details of the original agreement, specific provisions being waived, and any consideration provided for the waiver. It's particularly important in commercial transactions where clarity and legal certainty are essential.

What sections should be included in a Waiver Agreement Of Purchase And Sale?

1. Parties: Identifies all parties to the agreement and their details

2. Background: Context of the original purchase and sale agreement and reason for waiver

3. Definitions: Key terms used throughout the agreement

4. Waiver Provisions: Specific rights, obligations, or conditions being waived

5. Consideration: Details of any consideration for the waiver

6. Governing Law: Specifies Singapore law as governing law

7. Execution: Signature blocks and execution requirements

What sections are optional to include in a Waiver Agreement Of Purchase And Sale?

1. Partial Waiver Provisions: Used when only specific parts of the original agreement are being waived

2. Conditions Precedent: Conditions that must be met before waiver becomes effective

3. Representations and Warranties: Statements of fact by parties regarding their authority to waive

What schedules should be included in a Waiver Agreement Of Purchase And Sale?

1. Original Agreement: Copy of the original purchase and sale agreement being waived

2. Specific Rights Schedule: Detailed list of specific rights being waived

3. Authorization Documents: Corporate or other authorizations proving authority to waive

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law in Singapore, providing the fundamental framework for contract formation, enforcement, and remedies

Contract Law (Amendment) Act: Updates and modifications to Singapore's contract law framework, incorporating modern commercial practices and requirements

Sale of Goods Act (Cap. 393): Regulates the sale of goods and commercial transactions, defining rights and obligations of buyers and sellers

Conveyancing and Law of Property Act (Cap. 61): Governs property transactions and transfers in Singapore, particularly relevant if the purchase and sale involves real estate

Land Titles Act (Cap. 157): Regulates the registration and transfer of land titles in Singapore, ensuring security of property ownership

Consumer Protection (Fair Trading) Act (Cap. 52A): Protects consumer interests and ensures fair trading practices in commercial transactions

Unfair Contract Terms Act (Cap. 396): Controls the use of unfair terms in contracts, particularly in standard form contracts and consumer agreements

Supply of Goods Act: Supplements the Sale of Goods Act, providing additional protections and regulations for supply of goods

Stamp Duties Act (Cap. 312): Governs the stamping requirements and duties payable on various types of documents and transactions

Electronic Transactions Act (Cap. 88): Provides legal framework for electronic transactions and digital signatures in Singapore

Common Law Principles - Waiver: Legal principles governing the valid waiver of rights and obligations under Singapore common law

Doctrine of Estoppel: Legal principle preventing a party from asserting rights they have previously waived through conduct or representation

Document Execution Requirements: Formal requirements under Singapore law for proper execution, witnessing, and notarization of legal documents

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

Find the exact document you need

Waiver Agreement Of Purchase And Sale

A Singapore-governed legal document that releases parties from specific obligations or conditions in an original purchase and sale agreement.

find out more

Simple Property Sale Agreement

A straightforward agreement for property sales in Singapore, outlining key terms and conditions for the transfer of property ownership.

find out more

Purchase Sale Agreement Form

A standardized agreement under Singapore law for the sale and purchase of goods, establishing terms and conditions between buyer and seller.

find out more

Home Purchase Agreement Form

A legally binding agreement for residential property purchase in Singapore, conforming to local property laws and regulations.

find out more

Contract To Sell A Vehicle

A Singapore-compliant agreement for the sale and transfer of vehicle ownership between parties, addressing all regulatory requirements under local law.

find out more

Assignment Of Contract To Sell

A Singapore-compliant legal document transferring a seller's rights and obligations under a sales contract to a new party.

find out more

Second Hand Bike Purchase Agreement

A Singapore-law governed agreement for the sale and purchase of a second-hand motorcycle, ensuring legal compliance with local regulations.

find out more

Contract To Sell Lot

A legal agreement for the sale and purchase of land in Singapore, conforming to local property laws and regulations.

find out more

Offer To Purchase Property Form

A formal offer document for property purchase in Singapore, stating purchase terms and conditions in accordance with local property laws.

find out more

Mortgage Loan Sale Agreement

A Singapore law-governed agreement for the sale and transfer of mortgage loans between financial institutions.

find out more

Asset Purchase Agreement Goodwill

A Singapore-governed agreement for the purchase and sale of business goodwill and associated intangible assets.

find out more

Commercial Real Estate Purchase Contract

A legally binding agreement for the purchase and sale of commercial property in Singapore, governed by Singapore law.

find out more

Unit Sale Agreement

A legal agreement for the sale and purchase of property units in Singapore, outlining terms, conditions, and obligations of the transaction.

find out more

Equity Sale Agreement

A Singapore law-governed agreement for the sale and transfer of shares or equity interests in a company, detailing terms, conditions, and regulatory compliance requirements.

find out more

Agreement Of Purchase And Sale Condominium

A legally binding agreement for condominium purchase and sale in Singapore, compliant with local property laws and regulations.

find out more

Pre Sale Purchase Agreement

A Singapore-governed agreement establishing terms for future sale and purchase of goods or property before availability.

find out more

Agreement For Sale Of Machinery

A Singapore law-governed agreement setting out terms for the sale and purchase of machinery, including specifications, pricing, delivery, and warranties.

find out more

Domain Sale Agreement

A Singapore-law governed agreement for the sale and transfer of domain name ownership rights between parties.

find out more

Vacant Land Purchase Contract

A Singapore law-governed contract for the sale and purchase of vacant land, incorporating all necessary legal requirements and protections.

find out more

Buy Sell Agreement Cross Purchase

A Singapore-law governed agreement establishing mechanisms for shareholders to purchase shares from departing co-shareholders upon specified events.

find out more

Purchase And Sale Agreement Oil And Gas

A Singapore law-governed agreement for the sale and purchase of oil and gas products, establishing key commercial and operational terms between parties.

find out more

Preliminary Sale Agreement

A Singapore-law governed agreement establishing preliminary terms for a sale transaction, protecting parties' interests during the pre-sale period.

find out more

Offer Purchase Contract

A Singapore-law governed contract documenting terms and conditions of a purchase offer between buyer and seller.

find out more

Asset Purchase Agreement Term Sheet

A preliminary agreement outline for asset purchases under Singapore law, setting forth key terms and conditions for the transaction.

find out more

Installment Purchase Contract

A Singapore law-governed agreement for purchasing goods through scheduled installment payments, with provisions for consumer protection and fair trading.

find out more

Real Estate Sales Agreement

A Singapore-law governed agreement documenting the sale and purchase of real estate property, including terms, conditions, and legal requirements.

find out more

Agreement To Sell Property

A legally binding agreement for property sale and purchase in Singapore, outlining terms, conditions, and obligations of both parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.