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Land Contract Purchase Agreement
"Need a Land Contract Purchase Agreement for acquiring a 5,000 square meter industrial plot in Jurong, Singapore, with completion scheduled for March 2025; the agreement should include specific provisions for future development rights and existing warehouse tenancies."
1. Parties: Identification of buyer and seller with full legal names and details
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including lot number, address, boundaries
5. Purchase Price: Amount, payment terms, deposit requirements
6. Completion: Timing and procedures for completion of sale
7. Title and Transfer: Warranties regarding title and transfer procedures
8. Representations and Warranties: Standard warranties from both parties
1. CPF Usage: Terms and conditions related to the use of CPF funds for property purchase
2. Foreign Ownership Approval: Required approvals and conditions for foreign buyers under the Residential Property Act
3. Tenant Provisions: Terms relating to existing tenancy arrangements and handover conditions
4. Development Conditions: Specific conditions and requirements for undeveloped or partially developed land
1. Property Schedule: Detailed property specifications, boundaries, and floor plans
2. Payment Schedule: Detailed breakdown of payment terms and timelines
3. Title Documents: Copies of relevant title documents and searches
4. Inventory List: List of fixtures and fittings included in sale
5. Regulatory Approvals: Copies of relevant regulatory approvals and certificates
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