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House Buying Contract
"I need a House Buying Contract for a private residential property in Singapore, where the buyer is a foreign investor requiring special approval, and the purchase price is $2.5 million with completion scheduled for March 2025."
1. Parties: Details of buyer and seller, including identification and contact information
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the property including address, lot number, and size
5. Purchase Price: Agreement on price and payment terms
6. Completion Date: Timeline for transaction completion
7. Title and Ownership: Warranties regarding clean title and ownership transfer
1. Mortgage Provisions: Required if buyer is obtaining bank financing - includes terms and conditions related to mortgage arrangements
2. Foreign Ownership Declaration: Required for foreign buyers - includes necessary declarations and compliance with Residential Property Act
3. En Bloc Sale Provisions: Special conditions for collective sales - includes terms related to potential collective sale scenarios
1. Schedule 1 - Property Floor Plan: Detailed layout and floor plan of the property
2. Schedule 2 - Inventory List: Comprehensive list of fixtures and fittings included in the sale
3. Schedule 3 - Title Search Results: Official property title search documents from Singapore Land Authority
4. Schedule 4 - Payment Schedule: Detailed breakdown of payment milestones and amounts
5. Schedule 5 - Property Tax Clearance: Documentation showing property tax payments are up to date
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