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Deed Of Sale By Co Owners Of Undivided Property
"I need a Deed Of Sale By Co Owners Of Undivided Property for a residential property in Singapore, where tHRee family members are selling their jointly inherited property to a private developer, with completion scheduled for March 2025."
1. Parties: Identification of all co-owners as vendors and purchaser(s)
2. Background: History of ownership and reason for sale
3. Definitions: Key terms used tHRoughout the deed
4. Property Description: Detailed description of the property including title details
5. Sale Consideration: Purchase price and payment terms
6. Completion: Completion date and requirements
7. Representations and Warranties: Standard warranties about ownership and property condition
8. Execution: Formal execution blocks for all parties
1. Conditions Precedent: Used when completion is subject to specific conditions such as obtaining necessary approvals or consents
2. Property Management: Interim arrangements for property management between exchange and completion
3. Tax Provisions: Special tax arrangements between parties regarding stamp duty and other applicable taxes
1. Property Schedule: Detailed property description including bouNDAries and plans
2. Title Documents: Copies of relevant title documents
3. Inventory: List of included fixtures and fittings if selling furnished property
4. Co-owners' Resolution: Written confirmation of all co-owners' agreement to sell
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