tiktok³ÉÈË°æ

All Countries
Real Estate
Letter Of Agreement For Selling House

Letter Of Agreement For Selling House 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 Letter Of Agreement For Selling House

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:

Letter Of Agreement For Selling House

"I need a Letter of Agreement for Selling House for my 3-bedroom private property in Singapore's East Coast area, with a planned completion date of March 15, 2025, and including specific clauses about existing tenant arrangements that will continue after the sale."

Celebrated by
Collaborations with
Investors
Document background
The Letter of Agreement for Selling House is a crucial preliminary document in Singapore's property transactions. It establishes the initial understanding between parties before proceeding with the formal Sale and Purchase Agreement. This document is particularly important in Singapore's regulated property market, where transactions must comply with strict legal requirements and property ownership restrictions. It typically includes essential details such as property specifications, agreed price, payment schedule, and completion timeline, while adhering to relevant Singapore property laws and regulations.
Suggested Sections

1. Parties: Details of the seller and buyer, including identification and contact information

2. Background: Brief context of the transaction and property details

3. Definitions: Key terms used in the agreement

4. Property Details: Complete description of the property being sold, including address, land title particulars, and property type

5. Purchase Price: Agreed purchase price, payment terms, and deposit arrangements

6. Completion Date: Timeline for transaction completion and key milestones

Optional Sections

1. Condition of Property: Details of property condition and any known defects or outstanding maintenance issues

2. Tenancy Details: Information about existing tenants, lease terms, and handover arrangements

3. Renovation Works: Details of ongoing or planned renovations and their impact on the sale

4. GST Provisions: Goods and Services Tax considerations if applicable to the transaction

5. Foreign Ownership Declaration: Required declarations under the Residential Property Act for foreign buyers

Suggested Schedules

1. Schedule 1 - Property Floor Plan: Detailed layout and floor plan of the property

2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale

3. Schedule 3 - Title Documents: Copies of relevant property ownership documents and certificates

4. Schedule 4 - Property Tax Statements: Recent property tax assessments and payment records

5. Schedule 5 - Regulatory Approvals: Copies of relevant permits, certificates of title, and regulatory approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions






























Clauses






























Industries

Residential Property Act: Chapter 274 - Governs residential property ownership in Singapore, particularly restrictions on foreign ownership and requirements for property transactions

Land Titles Act: Chapter 157 - Establishes the system of land registration and deals with the transfer and mortgage of registered land in Singapore

Housing and Development Act: Regulates public housing (HDB properties) in Singapore, including sales, purchases, and eligibility criteria

Conveyancing and Law of Property Act: Chapter 61 - Governs the legal aspects of property transfer and real estate transactions in Singapore

Sale of Goods Act: Chapter 393 - While primarily for goods, some principles apply to property transactions regarding contract formation and terms

Contract Law: Common Law principles governing contract formation, terms, conditions, and enforcement in Singapore

Stamp Duties Act: Chapter 312 - Regulates stamp duties payable on property transactions, including Buyer's Stamp Duty (BSD)

ABSD Regulations: Additional Buyer's Stamp Duty rules that apply to certain categories of property buyers, particularly for multiple property owners and foreigners

SSD Regulations: Seller's Stamp Duty rules that apply to residential properties sold within specific holding periods

Planning Act: Controls the development of land and use of buildings in Singapore, including zoning regulations

Building Maintenance and Strata Management Act: Governs the management and maintenance of strata-titled properties and common property

Property Tax Regulations: Rules governing the taxation of property ownership and property-related income in Singapore

Goods and Services Tax Act: May apply to certain property transactions, particularly for commercial properties

Income Tax Act: Implications for capital gains and property-related income taxation

Estate Agents Act: Regulates real estate agencies and agents involved in property transactions

CEA Guidelines: Council for Estate Agencies guidelines governing professional conduct and practices in real estate transactions

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

Simple Business Purchase Agreement

find out more

Letter Of Intent For Selling Property

find out more

House Selling Agreement

find out more

Crude Oil Sale And Purchase Agreement

find out more

Asset Sale Purchase Agreement

find out more

Letter Of Agreement For Selling House

find out more

Agreement To Sell Shares

find out more

Sale Purchase Agreement Draft

find out more

Residential Sale Contract

find out more

Intent To Sell Agreement

find out more

Car Purchase Payment Agreement

find out more

Letter Of Offer To Sell Property

find out more

Sell And Buy Agreement

find out more

Car Sell Agreement

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: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’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; ³Ò±ð²Ô¾±±ð’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 for more details and real-time security updates.

Read our Privacy Policy.