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Deed Of Partition Template for Singapore

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Key Requirements PROMPT example:

Deed Of Partition

"I need a Deed of Partition to formally divide a jointly owned commercial property in Singapore between tHRee siblings, with one sibling taking 50% ownership and the other two taking 25% each, to be completed by March 2025."

Document background
A Deed of Partition is essential when co-owners of property in Singapore wish to formally divide their jointly owned property into separate portions with distinct ownership rights. This document is commonly used in family property settlements, dissolution of business partnerships, or when co-owners decide to hold their shares separately. The Deed of Partition must comply with Singapore's strict property laws and registration requirements, including detailed property descriptions, clear terms of division, and proper execution procedures. It serves as permanent evidence of the division and new ownership structure.
Suggested Sections

1. Parties: Details of all parties involved in the partition

2. Background: History of joint ownership and reason for partition

3. Definitions: Key terms used in the deed

4. Property Description: Detailed description of property being partitioned

5. Terms of Partition: Specific division of property among parties

6. Rights and Obligations: Ongoing rights and obligations of each party

7. Execution: Signing and witnessing requirements

Optional Sections

1. Consideration: Details of any monetary adjustments between parties - used when there are monetary settlements involved

2. Mortgage Details: Information about existing mortgages and their handling - used when property is mortgaged

3. Tax Provisions: Handling of tax implications - used when significant tax implications exist

Suggested Schedules

1. Property Plans: Detailed plans showing division of property

2. Title Documents: Copies of relevant title documents

3. Valuation Reports: Professional valuation of property portions

4. Survey Reports: BouNDAry surveys and measurements

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 contracts and deeds in Singapore, including requirements for validity of deeds and their execution

Conveyancing and Law of Property Act (Cap. 61): Regulates property transactions and transfers, including specific requirements for property partition between parties

Land Titles Act (Cap. 157): Covers registration requirements for land title transfers and requirements for subdivision of land in Singapore

Residential Property Act (Cap. 274): Contains restrictions on foreign ownership of residential property, crucial if any parties to the partition are foreigners

Stamp Duties Act (Cap. 312): Governs stamp duty implications and requirements for property transfers resulting from partition

Property Tax Act (Cap. 254): Outlines tax implications and obligations arising from property partition

Common Law Principles: Established legal principles regarding partition and equitable division of property from case law

Singapore Land Authority Requirements: Registration and administrative requirements specific to the Singapore Land Authority for property partition

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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