Document background
The Deed of Sale with Mortgage is a crucial legal instrument in Singapore's property market, combining both sale and security interests in a single document. This type of deed is commonly used when purchasers require bank financing to complete their property acquisition. The document must comply with Singapore's strict property laws and banking regulations, including requirements under the Conveyancing and Law of Property Act, Land Titles Act, and relevant Monetary Authority of Singapore guidelines. The deed includes essential elements such as property details, purchase price, payment terms, mortgage conditions, and security provisions. It is particularly important for ensuring proper title transfer while simultaneously creating a valid mortgage security interest.
