tiktok成人版

Preliminary Purchase Agreement for Singapore

Preliminary Purchase Agreement Template for Singapore

A Preliminary Purchase Agreement under Singapore law is a binding document that outlines the initial terms and conditions for a proposed purchase transaction. It serves as a framework for the final purchase agreement while allowing parties to conduct due diligence and fulfill conditions precedent. The document incorporates Singapore's robust commercial law framework, including provisions from the Civil Law Act and Sale of Goods Act, providing legal certainty while maintaining flexibility for the parties to finalize details of the transaction.

Your data doesn't train Genie's AI

You keep IP ownership聽of your information

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

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Preliminary Purchase Agreement

Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Preliminary Purchase Agreement?

The Preliminary Purchase Agreement is commonly used in Singapore when parties wish to formalize their initial commitment to a purchase transaction while maintaining flexibility to complete due diligence and negotiate final terms. This document typically precedes the final purchase agreement and includes essential elements such as purchase price, payment terms, conditions precedent, and timeline for completion. It provides a structured framework under Singapore law for complex transactions where immediate execution of a final agreement is not practical or desirable. The document serves to protect both parties' interests during the pre-completion phase while ensuring compliance with Singapore's commercial law requirements.

What sections should be included in a Preliminary Purchase Agreement?

1. Parties: Identification and details of the contracting parties

2. Background: Context and purpose of the preliminary purchase agreement

3. Definitions: Key terms used throughout the agreement

4. Subject Matter: Description of goods/property to be purchased

5. Purchase Price: Amount and payment terms

6. Conditions Precedent: Conditions that must be met before proceeding to final purchase

7. Timeline: Key dates and deadlines

8. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a Preliminary Purchase Agreement?

1. Due Diligence: Terms for conducting due diligence - include for complex transactions or business purchases

2. Exclusivity: Terms preventing seller from negotiating with other parties - include when buyer requires exclusive negotiation rights

3. Confidentiality: Terms protecting confidential information - include when sensitive information will be exchanged

4. Break Fee: Compensation if deal doesn't proceed - include for high-value transactions

What schedules should be included in a Preliminary Purchase Agreement?

1. Asset Schedule: Detailed list of assets included in the purchase

2. Payment Schedule: Breakdown of payment terms and installments

3. Due Diligence Checklist: List of required documents and verifications

4. Form of Final Purchase Agreement: Draft or key terms of the final agreement

Authors

Alex Denne

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

Jurisdiction

Singapore

Document Type

Purchase Agreement

Cost

Free to use
Relevant legal definitions





































Clauses






































Industries

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

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

Sale of Goods Act (Cap. 393): Regulates the sale of goods and provides legal framework for commercial transactions involving transfer of property

Conveyancing and Law of Property Act (Cap. 61): Governs real estate transactions and property transfers in Singapore

Housing Developers (Control and Licensing) Act: Regulates residential property development and sales, particularly relevant if the purchase involves residential property

Land Titles Act (Cap. 157): Governs the registration and transfer of land titles in Singapore

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

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts and provides protection against unreasonable contract conditions

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

Stamp Duties Act (Cap. 312): Governs the imposition of stamp duties on various types of documents and transactions

Misrepresentation Act (Cap. 390): Provides remedies for false statements or misrepresentations made during contract formation

Rules of Court: Procedural rules governing the enforcement of contracts through the Singapore court system

Specific Relief Act (Cap. 321): Provides specific remedies for breach of contract and other civil wrongs

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, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Vehicle Hire Purchase Agreement

A Singapore-law governed agreement for purchasing vehicles through installment payments, regulated by the Hire-Purchase Act.

find out more

Website Purchase Agreement

A Singapore law-governed agreement for the purchase and transfer of website ownership and associated digital assets.

find out more

Standby Bond Purchase Agreement

A Singapore law-governed agreement where a financial institution commits to purchase bonds under specified circumstances, providing liquidity support for variable rate securities.

find out more

Simple Home Purchase Agreement

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

find out more

Personal Property Addendum

A Singapore-compliant legal document that supplements existing agreements with specific terms regarding personal property items.

find out more

Parties In A Hire Purchase Agreement

A Singapore-law governed agreement enabling purchase of goods through installment payments while allowing immediate possession and use.

find out more

Option To Buy Agreement

A Singapore-compliant agreement granting the right to purchase specific assets or property at predetermined terms within a specified period.

find out more

Online Shopping Agreement

A Singapore law-governed agreement setting out terms and conditions for online shopping transactions between retailers and customers.

find out more

Model Asset Purchase Agreement

A Singapore law-governed agreement template for the purchase and sale of business assets, ensuring compliant asset transfer under local regulations.

find out more

Lease With Option To Purchase Agreement

A Singapore-governed agreement combining property lease terms with an exclusive option for the tenant to purchase the property at a preset price and timeframe.

find out more

Lease Agreement With Option To Purchase

A Singapore legal agreement combining property lease terms with a purchase option for the tenant.

find out more

Contingent Purchase Agreement

A Singapore law-governed agreement for a purchase transaction that only proceeds when specified conditions are met.

find out more

Auto Purchase And Sale Agreement

A Singapore-law governed agreement for the sale and purchase of motor vehicles, compliant with LTA regulations and local vehicle ownership requirements.

find out more

Artwork Purchase Agreement

A Singapore law-governed agreement for the purchase and sale of artwork, covering ownership transfer, authenticity, and delivery terms.

find out more

Agreement To Sell And Agreement For Sale

A Singapore-compliant legal document combining an agreement to sell and agreement for sale, outlining terms for property or goods transfer.

find out more

Agreement For Sale Of Flat

A Singapore-compliant legal agreement governing the sale and purchase of a residential flat.

find out more

Agreement For Advance Payment For Purchase Of Goods

A Singapore-law governed agreement setting out terms for advance payment in goods procurement, including payment terms and delivery conditions.

find out more

Advance Agreement For Land Purchase

A Singapore-compliant agreement setting out terms for a future land purchase, including price, conditions, and transfer requirements.

find out more

Purchase Agreement Extension

A Singapore law-governed document extending an existing purchase agreement's duration and terms.

find out more

Partnership Purchase Agreement

A Singapore law-governed agreement for the purchase and sale of partnership interests, ensuring compliant transfer of ownership under local regulations.

find out more

Owner To Owner House Sale Contract

A Singapore-compliant contract for direct property sale between private owners, detailing terms of sale and transfer requirements.

find out more

Letter Of Sales Agreement

A formal sales agreement document under Singapore law that outlines terms and conditions for the sale of goods or services.

find out more

Lease With Option To Buy Commercial Property

A Singapore-governed agreement combining commercial property lease terms with a future purchase option.

find out more

Lease Contract Buy Out Agreement

A Singapore-law governed agreement that documents the terms and conditions for early termination of a lease between landlord and tenant.

find out more

Cross Purchase Agreement

A Singapore-law governed agreement between shareholders establishing mechanisms for the purchase and sale of shares upon specified triggering events.

find out more

Buy Tenancy Agreement

A legally binding rental contract under Singapore law that establishes terms and conditions for property tenancy.

find out more

Motorcycle Hire Purchase Agreement

A Singapore-law governed agreement enabling the purchase of motorcycles through structured installment payments, regulated under the Hire-Purchase Act.

find out more

Software Source Code Purchase Agreement

A Singapore law-governed agreement for the purchase and transfer of software source code, including IP rights and technical specifications.

find out more

Residential Resale Condominium Property Purchase Contract

A Singapore law-governed contract for the purchase and sale of a resale condominium unit, incorporating all necessary legal requirements and protections.

find out more

Agreement For Sale And Purchase With Plan

A Singapore-governed agreement for the sale and purchase of property based on development plans, typically used for off-plan properties.

find out more

Receivable Purchase Agreement

A Singapore law-governed agreement for the sale and transfer of receivables between parties, subject to local financial regulations and commercial laws.

find out more

Real Property Purchase Agreement

A legally binding agreement for the sale and purchase of real property in Singapore, conforming to local property laws and regulations.

find out more

Letter Of Intent For Purchase Order

A preliminary document under Singapore law expressing intent to purchase goods or services, outlining key commercial terms while allowing flexibility for final negotiations.

find out more

Lot Purchase Agreement

A legal agreement under Singapore law for the purchase and sale of land lots, establishing terms and conditions for the transaction.

find out more

Flat Purchase Agreement

A legally binding agreement for the sale and purchase of residential property in Singapore, compliant with local housing laws and regulations.

find out more

Contract Agreement Between Supplier And Purchaser

A Singapore-law governed agreement establishing terms between supplier and purchaser for goods or services delivery.

find out more

Non Binding Purchase Agreement

A non-binding document under Singapore law that outlines proposed terms for a potential purchase transaction without creating legal obligations.

find out more

Lease With Option To Purchase

A Singapore-governed agreement combining property lease terms with a future purchase option, compliant with local property laws.

find out more

Commercial Offer To Purchase

A formal purchase offer document under Singapore law that outlines terms and conditions for acquiring commercial assets or property.

find out more

Short Form Stock Purchase Agreement

A simplified agreement for share transfers under Singapore law, outlining basic terms for buying and selling company stock.

find out more
See more related templates

骋别苍颈别鈥檚 Security Promise

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

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 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

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

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