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Vacant Land Purchase Contract
"Need a Vacant Land Purchase Contract for a 5,000 square meter industrial plot in Jurong, Singapore, with completion scheduled for March 2025 and including specific provisions for future warehouse development and environmental compliance."
1. Parties: Identification of buyer and seller, including full legal names and addresses
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the land, including lot number, boundaries, and area
5. Purchase Price: Agreement on price and payment terms
6. Title and Transfer: Provisions regarding clean title and transfer process
7. Conditions Precedent: Requirements to be met before completion
8. Completion: Process and requirements for closing the transaction
9. Representations and Warranties: Standard assurances from both parties
1. Foreign Ownership Provisions: Additional requirements and restrictions when the buyer is not a Singapore citizen/entity
2. Development Conditions: Specific requirements and conditions for future development of the land
3. Environmental Provisions: Environmental responsibilities, warranties, and compliance requirements
4. Planning Permission: Specific conditions related to existing or required planning permissions and land use requirements
1. Property Plan: Detailed survey plan of the land
2. Title Search Results: Recent title search showing encumbrances and ownership history
3. Planning Certificates: Relevant planning documentation and certificates from authorities
4. Environmental Reports: Environmental assessment reports and relevant certificates
5. Payment Schedule: Detailed breakdown of payment terms, amounts, and timing
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