Amendment To Agreement Of Purchase And Sale

Amendment To Agreement Of Purchase And Sale Template for Singapore

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Key Requirements PROMPT example:

"I need an Amendment To Agreement Of Purchase And Sale to modify the purchase price and delivery timeline for a manufacturing equipment sale, where the original agreement was signed in January 2025 and we need to increase the price by 15% due to supply chain issues."

Document background

The Amendment To Agreement Of Purchase And Sale is utilized when parties need to modify terms in their original purchase agreement while preserving the fundamental transaction structure. Common in Singapore's business environment, this document addresses changes such as price adjustments, delivery timelines, or property specifications. It must adhere to Singapore's legal framework, including the Civil Law Act and, where applicable, the Land Titles Act. This amendment ensures all modifications are properly documented and legally binding while maintaining compliance with Singapore's strict contractual requirements.

Suggested Sections

1. Parties: Identification of all parties to the original agreement and amendment

2. Background: Reference to original agreement and reason for amendment

3. Definitions: Key terms used in the amendment document

4. Amendment Details: Specific changes being made to the original agreement

5. Confirmation of Other Terms: Statement that all other terms remain unchanged

6. Effective Date: When the amendment takes effect

Optional Sections

1. Additional Consideration: Section detailing additional payment required for the amendment, used when the amendment involves price changes

2. Conditions Precedent: Section outlining new conditions that must be met before amendment becomes effective

3. Regulatory Compliance: Section addressing additional regulatory requirements triggered by the amendment

Suggested Schedules

1. Schedule of Amendments: Detailed list of all modifications to original agreement

2. Updated Price Schedule: Schedule showing revised pricing if amendment involves price changes

3. Revised Timeline: Schedule showing updated delivery or completion dates if affected by amendment

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Manufacturing
Retail
Construction

Relevant Teams

Legal
Procurement
Finance
Real Estate
Commercial

Relevant Roles

Legal Counsel
Contract Manager
Procurement Manager
Real Estate Manager
Commercial Director

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Let's create your Amendment To Agreement Of Purchase And Sale

Authors

Alex Denne

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