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Purchase Agreement For Sale By Owner
"I need a Purchase Agreement For Sale By Owner for my 3-bedroom condominium in Singapore's East Coast area, with completion scheduled for March 2025 and including specific provisions for existing tenant rights and an inventory of built-in furniture that will be included in the sale."
1. Parties: Identification and details of the buyer and seller
2. Background: Context of the sale and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including address, lot number, and specifications
5. Purchase Price: Agreed price and payment terms
6. Completion: Timeline and conditions for completion of sale
7. Representations and Warranties: Seller's declarations about property condition and ownership
8. Stamp Duty: Provisions regarding payment of stamp duties and tax obligations
9. Title and Transfer: Requirements and process for transferring property title
1. Fixtures and Fittings: Detailed list of items included/excluded from sale when specific items need to be clarified
2. Tenant Rights: Details of existing tenancy when property is currently tenanted
3. Property Management: Maintenance responsibilities before completion when completion period is extended
4. Foreign Ownership Compliance: Additional provisions required when buyer is a foreign person under Singapore law
5. HDB Compliance: Special provisions when property is an HDB flat subject to HDB regulations
1. Schedule 1 - Property Floor Plan: Detailed layout of the property
2. Schedule 2 - Inventory List: Comprehensive list of fixtures and fittings included in sale
3. Schedule 3 - Title Documents: Copies of relevant property ownership documents
4. Schedule 4 - Property Tax Statements: Recent property tax assessments
5. Schedule 5 - Maintenance Fee Schedule: Details of ongoing maintenance charges if applicable
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