Document background
A Conditional Letter is commonly used in Singapore business practice when parties need to establish clear prerequisites before proceeding with a transaction or commitment. The document serves as a formal written record of conditions that must be satisfied before specific obligations become binding. Under Singapore law, these letters must be drafted with precision to ensure enforceability, typically including specific timelines, clear conditions, and explicit consequences. The document should comply with Singapore's Contracts Act and relevant common law principles to be legally effective.
