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Agreement To Transfer Ownership Of Property
"I need an Agreement To Transfer Ownership Of Property for a commercial building in Singapore's Central Business District, where the transfer needs to accommodate existing tenant leases and include special provisions for the transfer of maintenance contracts."
1. Parties: Details of the transferor and transferee, including full legal names, identification/registration numbers, and addresses
2. Background: Context of the transfer, property history, and basis for the transfer arrangement
3. Definitions: Key terms used throughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Property Details: Comprehensive description of the property being transferred including address, lot number, and land area
5. Consideration: Purchase price, payment terms, deposit requirements, and balance payment arrangements
6. Transfer Terms: Core obligations regarding the transfer, including title guarantee and encumbrance status
7. Completion: Transfer completion process, timing, and requirements including documentation and registration
8. Representations and Warranties: Statements about property condition, ownership status, and compliance with laws
1. Mortgage Details: Provisions dealing with existing mortgages, including discharge processes and obligations
2. Tenant Provisions: Details of existing tenancies, including treatment of deposits and handover arrangements
3. Foreign Ownership Compliance: Additional provisions ensuring compliance with Residential Property Act for foreign buyers
1. Property Description Schedule: Detailed property specifications, boundaries, floor plans, and included fixtures
2. Title Documents Schedule: Copies of relevant title documents, including land title and strata title if applicable
3. Inventory List: Comprehensive list of fixtures, fittings, and other items included in the transfer
4. Due Diligence Schedule: Property inspection reports, valuation reports, and other relevant surveys
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