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Mortgage Sale Deed
"I need a Mortgage Sale Deed for transferring a residential property mortgage from DBS Bank to United Overseas Bank, with a mortgage value of SGD 2.5 million and completion scheduled for March 15, 2025."
1. Parties: Details of mortgagor and mortgagee
2. Background: Context of the mortgage sale and property details
3. Definitions: Key terms used in the deed
4. Sale and Purchase: Core terms of the mortgage sale
5. Purchase Price: Amount and payment terms
6. Completion: Completion date and procedures
7. Representations and Warranties: Statements of fact and assurances by parties
8. Execution: Signing provisions and attestation
1. HDB Consent: Required if property is HDB property
2. Foreign Ownership Approval: Required when buyer is non-Singaporean
3. Property Management: Interim management arrangements for properties with existing tenancies
1. Property Description: Detailed description of the mortgaged property
2. Title Documents: List of relevant title documents
3. Outstanding Payments: Details of any outstanding mortgage payments
4. Existing Encumbrances: List of existing charges or encumbrances
5. Completion Requirements: Checklist of completion requirements
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