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Manufactured Home Purchase Agreement
"I need a Manufactured Home Purchase Agreement for a new three-bedroom modular home being sold to a first-time buyer in Singapore, with installation included and payment to be made in three installments, with completion scheduled for March 2025."
1. 1. Parties: Identification of seller and buyer, including full legal names and addresses
2. 2. Background: Context of the transaction and brief description of the manufactured home
3. 3. Definitions: Key terms used throughout the agreement
4. 4. Purchase Price and Payment Terms: Total purchase price, payment schedule, and method of payment
5. 5. Description of Manufactured Home: Detailed specifications including make, model, year, serial number
6. 6. Delivery and Installation: Terms regarding delivery, setup, and installation of the home
7. 7. Warranties: Manufacturer's warranties and any additional warranties
8. 8. Title Transfer: Process and conditions for transferring ownership
9. 9. Compliance with Laws: Statements ensuring compliance with relevant Singapore housing and building regulations
10. 10. Risk and Insurance: Transfer of risk and required insurance coverage
1. Financing Contingency: Terms and conditions related to buyer's financing requirements, to be included when buyer requires external financing
2. Trade-In Terms: Details of any trade-in arrangement when buyer is trading in existing manufactured home
3. Site Preparation: Requirements and responsibilities for preparing installation site when site preparation is part of the agreement
4. Foreign Ownership Compliance: Additional terms ensuring compliance with Residential Property Act when buyer is a foreign national
1. Schedule A - Home Specifications: Detailed technical specifications of the manufactured home including dimensions, materials, and features
2. Schedule B - Inventory List: Comprehensive list of included fixtures, appliances, and accessories
3. Schedule C - Installation Requirements: Technical requirements and specifications for proper installation
4. Schedule D - Regulatory Compliance Checklist: Checklist of compliance requirements under Singapore building and housing regulations
5. Appendix 1 - Warranty Documents: Manufacturer's warranty certificates and terms
6. Appendix 2 - Inspection Report: Pre-delivery inspection report and checklist
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