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Deed Of Sale For House And Lot

Deed Of Sale For House And Lot Template for Singapore

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Key Requirements PROMPT example:

Deed Of Sale For House And Lot

"I need a Deed of Sale for House and Lot for a Singapore property transaction where the buyer is a foreign corporation purchasing a luxury residential property with existing tenants, requiring completion by March 2025."

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Document background
The Deed of Sale For House And Lot is a crucial legal document used in Singapore property transactions to formalize the transfer of residential property ownership. It serves as conclusive evidence of the property transfer and must comply with Singapore's stringent property laws and regulations. This document is essential when transferring ownership of both built structures and the land they occupy, requiring careful attention to local property restrictions, stamp duties, and foreign ownership limitations. The deed must be properly executed and registered with relevant authorities to ensure legal validity.
Suggested Sections

1. Parties: Details of the vendor and purchaser, including full legal names and identification

2. Background: Context of the sale and brief property history

3. Definitions: Key terms used tHRoughout the deed

4. Property Description: Detailed description of the property including lot number, bouNDAries, and built-up area

5. Purchase Price: Agreed purchase price and payment terms

6. Title and Ownership: Confirmation of clear title and transfer of ownership

7. Completion: Details of completion date and procedures

8. Vendor's Warranties: Warranties regarding property condition and ownership

9. Execution: Signing requirements and witness details

Optional Sections

1. Condition of Property: Detailed description of property condition, used when selling as-is

2. Tenancy Details: Information about existing tenancies and their terms when property is sold with sitting tenants

3. Renovation Works: Details of ongoing or planned renovation works and their completion status

Suggested Schedules

1. Property Plans: Architectural plans and floor plans of the property

2. Title Documents: Copies of relevant title documents and certificates

3. Inventory List: List of fixtures and fittings included in the sale

4. Property Tax Statements: Recent property tax assessments and payments

5. Regulatory Approvals: Copies of relevant permits and approvals

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 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






























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Industries

Residential Property Act: Chapter 274 - Primary legislation governing residential property ownership and transactions in Singapore, including restrictions on foreign ownership

Land Titles Act: Chapter 157 - Regulates the registration and transfer of land titles in Singapore, ensuring secure property ownership

Housing and Development Act: Chapter 129 - Governs public housing (HDB properties) transactions and requirements in Singapore

Conveyancing and Law of Property Act: Chapter 61 - Regulates property transactions and transfers, including legal requirements for property conveyancing

Sale of Land Act: Provides legal framework for land sale transactions and related procedures in Singapore

Planning Act: Chapter 232 - Controls land use and development, ensuring compliance with urban planning regulations

Building Control Act: Chapter 29 - Regulates building works and ensures compliance with building safety standards

Property Tax Act: Chapter 254 - Governs property taxation requirements and obligations

Stamp Duties Act: Chapter 312 - Regulates stamp duties payable on property transactions, including ABSD requirements

Environmental Public Health Act: Chapter 95 - Ensures compliance with environmental and public health standards for properties

SLA Regulations: Singapore Land Authority regulations governing land ownership and administration

URA Guidelines: Urban Redevelopment Authority guidelines for property development and land use

BCA Requirements: Building and Construction Authority standards for building safety and construction

HDB Rules: Housing & Development Board specific regulations for public housing transactions

TDSR Framework: Total Debt Servicing Ratio framework limiting property buyers' maximum loan amounts based on income

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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