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Sale Of Agreement For Land
"I need a Sale of Agreement for Land to purchase a freehold commercial property in Singapore's Central Business District, with completion set for March 2025 and including provisions for existing tenant arrangements."
1. Parties: Details of vendor and purchaser, including particulars and capacity
2. Background: Context of the sale and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, address, and boundaries
5. Purchase Price: Agreed price and payment terms
6. Completion: Completion date and procedures
7. Title and Transfer: Provisions regarding transfer of title and ownership
8. Vendor's Obligations: Obligations and warranties of the seller
9. Purchaser's Obligations: Obligations and commitments of the buyer
1. Foreign Ownership Approval: Required clauses and conditions when purchaser is a foreigner requiring approval under the Residential Property Act
2. HDB Approval: Specific conditions and requirements for HDB properties including ethnic integration policy compliance
3. Mortgage Provisions: Terms relating to existing or new mortgages, including discharge and refinancing requirements
4. Tenancy Provisions: Provisions dealing with existing tenancy arrangements and handover conditions
1. Property Schedule: Detailed property specifications and included fixtures
2. Title Documents: Copies of relevant title documents and encumbrances
3. Payment Schedule: Detailed breakdown of payment terms and timeline
4. Inventory List: List of included furnishings or fixtures if applicable
5. Property Plans: Floor plans and location maps
6. Regulatory Approvals: Copies of relevant governmental or regulatory approvals
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