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Area Residential Purchase Contract
"I need an Area Residential Purchase Contract for a three-bedroom condominium unit in District 10, Singapore, with completion date set for March 2025, including specific provisions for existing tenant arrangements and en-bloc potential."
1. Parties: Identification of buyer and seller with 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 property including address, lot number, and strata details
5. Purchase Price: Agreement on price and payment terms
6. Payment Schedule: Breakdown of payment timeline including deposit and completion
7. Completion: Terms and conditions for completion of sale
8. Warranties: Seller's warranties regarding property condition and ownership
1. Foreign Ownership Approval: Required section detailing approval requirements and conditions for foreign buyers under the Residential Property Act
2. En Bloc Provisions: Section covering collective sale agreements and related terms for properties under potential en bloc sale
3. Tenant Provisions: Section detailing existing tenancy arrangements and transfer of tenant obligations
4. Renovation Terms: Section covering agreements regarding existing or planned renovations and associated approvals
1. Schedule 1 - Property Floor Plan: Detailed floor plan with measurements and property boundaries
2. Schedule 2 - Inventory List: Comprehensive list of fixtures and fittings included in the sale
3. Schedule 3 - Title Search Results: Recent title search showing encumbrances and ownership history
4. Schedule 4 - Strata Title Information: Details of share value, maintenance fees, and strata regulations
5. Schedule 5 - Property Tax Statements: Recent property tax assessments and payment history
6. Schedule 6 - Maintenance Fee Schedule: Detailed breakdown of ongoing maintenance charges and management fees
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