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Absolute Deed Of Sale Land

Absolute Deed Of Sale Land Template for Singapore

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Key Requirements PROMPT example:

Absolute Deed Of Sale Land

"I need an Absolute Deed Of Sale Land for the transfer of a 2,500 square meter industrial property in Jurong, Singapore, with completion scheduled for March 15, 2025, including specific provisions for existing tenant arrangements."

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Document background
The Absolute Deed of Sale Land is a crucial legal instrument in Singapore's property transaction framework. It is used when there is a definitive and unconditional transfer of land ownership, with no reservations or conditions subsequent. The document must comply with Singapore's Land Titles Act and related property legislation, requiring specific formatting, content, and execution requirements. It includes comprehensive details about the property, parties involved, consideration, and warranties. This deed is essential for registering the transfer with the Singapore Land Authority and serves as conclusive evidence of the property transfer.
Suggested Sections

1. Parties: Identification of vendor and purchaser with full legal names and addresses

2. Background: Brief history of property ownership and context of sale

3. Definitions: Key terms used throughout the deed

4. Property Description: Detailed legal description of the property including boundaries and title details

5. Consideration: Purchase price and payment terms

6. Vendor's Warranties: Warranties regarding title, encumbrances, and property condition

7. Completion: Details of completion date and process

8. Execution: Signature blocks and witnessing requirements

Optional Sections

1. Foreign Ownership Declaration: Required when purchaser is foreign, compliance with Residential Property Act requirements

2. GST Provisions: GST treatment of the sale, required when GST is applicable to the transaction

3. Tenancy Provisions: Details of existing tenancies, required when property is subject to existing tenancies

Suggested Schedules

1. Property Schedule: Detailed property description including floor plans and boundaries

2. Title Documents: Copies of relevant title documents

3. Inventory: List of fixtures and fittings included in sale

4. Planning Permissions: Relevant planning permissions and certificates

5. Tax Clearance: Property tax clearance certificates

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Industries

Land Titles Act (Chapter 157): Primary legislation governing the registration and transfer of land titles in Singapore, including requirements for instruments affecting land and indefeasibility of title provisions

Residential Property Act (Chapter 274): Regulates foreign ownership of residential property in Singapore and establishes requirements for foreign purchasers

Planning Act (Chapter 232): Controls land use zoning requirements and development controls in Singapore

Stamp Duties Act (Chapter 312): Governs stamp duty obligations including Additional Buyer's Stamp Duty (ABSD) and Seller's Stamp Duty (SSD)

Housing and Development Act (Chapter 129): Regulates HDB properties and establishes restrictions on transfer of HDB properties

Contract Act (Chapter 53): Establishes common law principles of contract formation and contractual obligations

Environmental Public Health Act (Chapter 95): Sets out environmental requirements and public health considerations for property transactions

Property Tax Act (Chapter 254): Governs property tax obligations and tax clearance requirements for property transactions

Building Control Act: Regulates building works and establishes building safety requirements

URA Guidelines: Urban Redevelopment Authority guidelines governing property development and land use

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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