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Deed Of Contract To Sell Template for Singapore

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Key Requirements PROMPT example:

Deed Of Contract To Sell

"I need a Deed of Contract to Sell for a manufacturing facility in Singapore's Jurong Industrial Estate, value of SGD 15 million, with completion scheduled for March 2025 and including specific provisions for existing tenant arrangements."

Document background
The Deed of Contract to Sell is a crucial legal instrument in Singapore's property and asset transfer framework. It is typically used when parties wish to create a binding commitment for sale before the actual transfer of title. This document includes essential elements such as property description, purchase price, payment terms, warranties, and completion conditions. The deed must be properly executed and registered under Singapore law to be legally effective. It provides both parties with legal protection and clearly defines their rights and obligations throughout the transaction process.
Suggested Sections

1. Parties: Identification and details of the seller and buyer

2. Background: Context of the sale and brief description of the property/asset

3. Definitions: Key terms used throughout the deed

4. Subject Matter of Sale: Detailed description of property/asset being sold

5. Purchase Price: Amount, payment terms, and method of payment

6. Completion: Timeline and conditions for completion of sale

7. Seller's Warranties: Representations and warranties regarding the property/asset

8. Execution: Signing requirements and attestation

Optional Sections

1. Conditions Precedent: Specific conditions that must be met before completion. Used when there are preliminary requirements before sale completion

2. Due Diligence: Buyer's right to investigate the property/asset. Used for complex transactions or high-value assets

3. Tax Provisions: Allocation of tax responsibilities. Used when there are significant tax implications

4. Force Majeure: Provisions for unforeseen circumstances. Used when extended completion timeframe is anticipated

Suggested Schedules

1. Property Description Schedule: Detailed technical description of the property/asset

2. Payment Schedule: Breakdown of payment installments and timing

3. Title Documents: Copies of relevant ownership documents

4. Due Diligence Reports: Technical or legal reports on the property/asset

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses






























Industries

Civil Law Act (Cap. 43): Primary legislation governing contractual relationships, requirements for valid contracts, and provisions regarding property transactions in Singapore

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions, requirements for property transfer, and legal formalities for deeds in Singapore

Sale of Goods Act (Cap. 393): Governs sale of goods transactions, defining rights and obligations of buyers and sellers, and rules for transfer of title

Stamp Duties Act (Cap. 312): Outlines requirements for stamp duty payment, applicable rates and timing, and documentary requirements for property transactions

Registration of Deeds Act (Cap. 269): Specifies requirements for deed registration, priority of registered instruments, and legal effect of registration

Common Law principles: Fundamental legal principles including doctrine of consideration, rules of offer and acceptance, and principles of contract formation

Specific Relief Act (Cap. 321): Provides framework for remedies in case of breach of contract, including specific performance and injunctive relief

Electronic Transactions Act (Cap. 88): Regulates electronic transactions, including legal status of electronic signatures and electronic records

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

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