Document background
The Land Agreement is a fundamental legal instrument used in Singapore real estate transactions to document and formalize the transfer of land ownership. This document is essential when any party wishes to purchase or sell land in Singapore, whether for development, investment, or personal use. The agreement must comply with Singapore's strict property laws, including the Land Titles Act, Residential Property Act, and relevant planning regulations. A properly drafted Land Agreement includes crucial details about the property, parties involved, purchase price, payment terms, and completion requirements, while ensuring compliance with local regulatory requirements.
