¶¶Òõ¶ÌÊÓƵ

Letter Of Intent To Buy Property Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Letter Of Intent To Buy Property

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Letter Of Intent To Buy Property

"I need a Letter of Intent to Buy Property for a Singapore commercial building purchase, with a proposed price of $5.2M SGD and specific conditions about existing tenant agreements that need to continue post-purchase through March 2025."

Document background
A Letter of Intent to Buy Property is commonly used in Singapore's real estate market as an initial step in the property acquisition process. It demonstrates serious interest while allowing both parties to proceed with due diligence before committing to a binding agreement. The document typically includes property details, proposed purchase price, payment terms, due diligence period, and any specific conditions. While not legally binding for the final purchase, it helps establish clear communication and understanding between parties before proceeding to an Option to Purchase (OTP).
Suggested Sections

1. Sender and Recipient Details: Full names, addresses, and contact information of both the potential buyer and property owner

2. Property Details: Complete description of the property including address, lot number, size, and type of property

3. Purchase Price: Proposed purchase price, payment terms, and any deposit amounts

4. Due Diligence Period: Specified timeframe for conducting property investigations and title searches

5. Option Period: Duration for which the offer remains valid and terms for option fee

Optional Sections

1. Financing Conditions: Terms and conditions related to obtaining mortgage financing, including loan approval requirements

2. Property Condition Requirements: Specific conditions about property state and any required repairs or modifications

3. CPF Usage Declaration: Details regarding the intention to use Central Provident Fund for the purchase

4. Foreign Ownership Declaration: Required declarations if the buyer is a foreign person under the Residential Property Act

5. Stamp Duty Declaration: Acknowledgment of applicable stamp duties (ABSD/SSD) and responsibility for payment

Suggested Schedules

1. Property Floor Plan: Detailed layout and measurements of the property

2. Property Title Search Results: Preliminary title search results showing current ownership and encumbrances

3. Property Valuation Report: Recent professional valuation report if available

4. List of Fixtures and Fittings: Detailed inventory of items included in the sale

Authors

Alex Denne

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

Relevant legal definitions

























Clauses

























Industries

Land Titles Act: Cap. 157 - Primary legislation governing the registration and transfer of land titles in Singapore

Residential Property Act: Cap. 274 - Regulates the purchase of residential properties by foreign persons and entities in Singapore

Housing and Development Act: Governs public housing (HDB properties) transactions and related matters in Singapore

Sale of Commercial Properties Act: Regulates the sale and purchase of commercial properties in Singapore

Stamp Duties Act: Governs various property-related stamp duties including ABSD and SSD

ABSD Rules: Additional Buyer's Stamp Duty regulations that apply to certain categories of property buyers

SSD Regulations: Seller's Stamp Duty rules that apply to properties sold within certain timeframes

TDSR Framework: Total Debt Servicing Ratio framework that limits the portion of income that can go towards debt repayments

LTV Limits: Loan-to-Value limits that restrict the maximum amount that can be borrowed for property purchases

HDB Rules: Specific regulations governing HDB property transactions including eligibility and restrictions

Foreign Ownership Restrictions: Rules limiting and regulating property ownership by non-Singapore citizens

Housing Developers Rules: Regulations governing the sale of uncompleted private residential properties

Contract Act: Cap. 53 - Primary legislation governing contract formation and enforcement in Singapore

Common Law Principles: Judicial precedents and principles relating to property transactions and contract formation

OTP Requirements: Rules governing the Option to Purchase document and process in property transactions

Law Society Conditions: Singapore Law Society's standard conditions of sale for property transactions

CPF Usage Rules: Regulations governing the use of Central Provident Fund savings for property purchases

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

Find the exact document you need

Sellers Contract

find out more

Salesperson Commission Agreement

find out more

Sales Rep Agreement

find out more

Sale Deed Agreement

find out more

Letter Of Intent To Sale Property

find out more

Deed Of Sale Of Motor Vehicle With Assumption Of Mortgage

find out more

Deed Of Conditional Sale

find out more

Contract Of Sale And Contract For Sale

find out more

Contract For Selling A Car

find out more

Agreement Letter Between Buyer And Seller Of Car

find out more

Sales Distribution Agreement

find out more

Manufactured Home Purchase Agreement

find out more

Land Sale Agreement Form

find out more

Conditional Sale And Purchase Agreement

find out more

Business Sales Agreement Form

find out more

Agreement Letter For Selling A Property

find out more

Sales Commission Letter To Employees

find out more

Agreement For Sale Without Possession

find out more

Sale With Buyback Agreement

find out more

Letter Of Intent To Sell Property To Tenant

find out more

Resale Agreement Draft

find out more

Scrap Vehicle Sale Agreement

find out more

Sale Purchase Form

find out more

Sale Of Shares In Private Company Agreement

find out more

Registered Agreement For Sale

find out more

Contract For Sale Of Shares In A Private Company

find out more

Addendum To Purchase Contract

find out more

Buy Sale Agreement Form

find out more

Agreement To Purchase Contract

find out more

Initial Contract Of Sale

find out more

Buyer And Seller Agreement Form

find out more

Sales Contract Form

find out more

Purchase And Sale Agreement Form

find out more

Simple Vacant Land Purchase Agreement

find out more

Letter Of Intent Sales

find out more

Domain Name Sale Agreement

find out more

Private Car Sale Contract With Monthly Payments

find out more

Independent Sales Rep Contract

find out more

Company Sale Agreement

find out more

Partnership Buy Sell Agreement

find out more

Airplane Purchase Agreement

find out more

Boat Purchase Agreement

find out more

Motorcycle Sale Contract

find out more

Letter Of Intent To Buy Land

find out more

Car Sale Contract With Payments

find out more

Product Sales Contract

find out more

Letter Of Intent To Buy Property

find out more

Addendum To Deed Of Sale

find out more

Sales Agent Contract Agreement

find out more

Sales Agreement Form

find out more

Addendum To Sales Contract

find out more

Addendum To Agreement Of Sale

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.