Property Contract

Property Contract Template for Singapore

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Key Requirements PROMPT example:

"I need a Property Contract for the sale of a three-bedroom condominium unit in Singapore to a foreign buyer, with completion scheduled for March 2025 and including specific clauses about existing tenant arrangements."

Document background

The Property Contract serves as the primary legal instrument for real estate transactions in Singapore. It is essential for documenting the terms and conditions of property sales, whether residential or commercial. This contract type must comply with Singapore's strict property laws and regulations, including foreign ownership restrictions, stamp duty requirements, and land title regulations. The document typically includes detailed property descriptions, payment terms, completion dates, and warranties, while addressing specific requirements for different property types (HDB, private residential, or commercial).

Suggested Sections

1. Parties: Identification of buyer, seller, and other relevant parties

2. Background: Context of the transaction and property details

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed description of the property including address and specifications

5. Purchase Price: Amount and payment terms

6. Completion: Timeline and conditions for completion

7. Title and Ownership: Warranties regarding ownership and title

Optional Sections

1. Fixtures and Fittings: List of items included/excluded in sale - used when specific items need to be included or excluded from the sale

2. Tenancy: Details of existing tenancy - used when property is currently tenanted

3. Foreign Ownership: Additional requirements for foreign buyers - used when buyer is not a Singapore citizen

Suggested Schedules

1. Property Floor Plan: Detailed floor plan of the property

2. Inventory List: List of fixtures and fittings included in sale

3. Title Search: Results of land title search

4. Property Tax Records: Recent property tax statements

5. Maintenance Records: Recent maintenance fee statements (for condominiums)

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 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

Relevant Industries

Real Estate
Banking & Finance
Legal Services
Property Development

Relevant Teams

Legal
Real Estate
Finance
Compliance
Operations

Relevant Roles

Real Estate Agent
Property Lawyer
Property Manager
Conveyancing Executive
Mortgage Banker

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Let's create your Property Contract

Authors

Alex Denne

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