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Authorization Letter For Selling Lot for Singapore

Authorization Letter For Selling Lot Template for Singapore

An Authorization Letter for Selling Lot is a legal document used in Singapore that grants specific authority to a designated person or entity to sell a particular lot of land or property. The document must comply with Singapore's Land Titles Act and related property legislation, including requirements for proper execution and registration with relevant authorities. It typically includes detailed information about the property, the scope of authority granted, and any conditions or limitations on the sale process.

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What is a Authorization Letter For Selling Lot?

The Authorization Letter for Selling Lot is a crucial document in Singapore's property transaction framework, used when property owners cannot personally handle the sale process of their lot. This document grants legal authority to a designated representative to act on behalf of the owner in property sale matters. It must conform to Singapore's strict property laws and regulations, including the Land Titles Act and Conveyancing and Law of Property Act. The letter typically specifies the exact scope of authority, property details, duration of authorization, and any specific conditions or limitations. This authorization is particularly important for overseas property owners or those unable to be physically present during the sale process.

What sections should be included in a Authorization Letter For Selling Lot?

1. Date and Location: Current date and place of execution of the authorization letter

2. Authorizer Details: Full name, NRIC/passport number, and address of person giving authorization

3. Authorized Party Details: Full name, NRIC/passport number, and address of person being authorized

4. Property Details: Complete lot description, address, and title details

5. Scope of Authority: Specific powers being granted regarding the sale of the lot

6. Duration of Authority: Validity period of the authorization

What sections are optional to include in a Authorization Letter For Selling Lot?

1. Price Parameters: Minimum selling price or price range, used when authorizer wants to set specific pricing conditions

2. Special Conditions: Any specific conditions or restrictions on the authority, used when there are particular requirements

3. Revocation Clause: Terms for revoking the authorization, included when flexibility is needed

What schedules should be included in a Authorization Letter For Selling Lot?

1. Property Title Document: Copy of current title deed or certificate

2. Identity Documents: Copies of NRIC/passport of both parties

3. Property Tax Documents: Recent property tax statements if relevant

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

Jurisdiction

Singapore

Publisher

Ƶ

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions


























Clauses






















Industries

Land Titles Act (Chapter 157): Primary legislation governing registration and transfer of land titles in Singapore, including requirements for legal documentation of property transactions and provisions regarding powers of attorney and authorization

Residential Property Act (Chapter 274): Regulates foreign ownership of residential property, including restrictions, requirements for foreign buyers/sellers, and approval requirements from Land Dealings Unit

Planning Act (Chapter 232): Controls land use through zoning regulations, land use restrictions, and development controls

Conveyancing and Law of Property Act (Chapter 61): Sets out legal requirements for property transactions, formalities of property transfer, and requirements for valid authorization

Stamp Duties Act (Chapter 312): Governs stamp duty obligations, documentation requirements for property transactions, and relevant tax implications

Electronic Transactions Act (Chapter 88): Establishes requirements for electronic signatures and validity of electronic documents in Singapore

Singapore Land Authority (SLA) Regulations: Administrative regulations and guidelines set by the national land authority governing land transactions

REDAS Guidelines: Requirements and guidelines established by the Singapore Real Estate Developers' Association for property transactions

Singapore Property Law Case Precedents: Relevant case law regarding property transactions and authorization letters that establish legal precedents

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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