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Letter Of Intent Buying Property
"I need a Letter of Intent Buying Property for a commercial building in Singapore's CBD area, with an exclusivity period of 60 days and completion targeted for March 2025, including specific conditions about tenant transfers."
1. Property Details: Full address and description of the property including lot number, land area, and property type
2. Intended Purchase Price: Statement of the proposed purchase price and preliminary payment terms
3. Buyer Details: Full identification of the prospective buyer including citizenship status for regulatory compliance
4. Seller Details: Full identification of the current property owner/seller
5. Timeline and Key Dates: Proposed timeline for due diligence, option issuance, and completion of the purchase
1. Exclusivity Period: Period during which the seller agrees not to negotiate with other potential buyers
2. Financing Conditions: Conditions related to obtaining necessary financing and loans
3. Property Condition Requirements: Specific conditions regarding the state of the property at handover
4. Due Diligence Requirements: Specific requirements for property inspection, title searches, and other investigations
5. Regulatory Compliance: Specific mentions of compliance with Singapore property purchase restrictions and requirements
1. Property Floor Plan: Detailed layout and floor plan of the property
2. Title Search Results: Preliminary title search information and encumbrance details
3. List of Fixtures and Fittings: Inventory of items included or excluded from the sale
4. Property Photographs: Recent photographs of the property's current condition
5. Proposed Payment Schedule: Detailed breakdown of payment milestones and amounts
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