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Property Agreement
"I need a Property Agreement for the sale of a commercial warehouse in Singapore's Jurong district, with completion scheduled for March 2025, including specific provisions for existing tenant arrangements and equipment transfer."
1. Parties: Identification and details of all parties involved in the agreement
2. Background: Context and purpose of the agreement, including reference to relevant Singapore property laws
3. Definitions: Key terms used throughout the agreement, including statutory definitions from Singapore property legislation
4. Property Details: Specific description and location of the property, including lot number, strata title details if applicable
5. Price and Payment Terms: Purchase price, payment schedule, and details of any deposits or escrow arrangements
6. Completion: Terms and conditions for completion of the sale, including timing and procedures
7. Representations and Warranties: Statements of fact and promises by both parties regarding the property and their capacity to enter into the agreement
8. Title and Ownership: Provisions regarding clear title, transfer of ownership, and compliance with Singapore property ownership laws
9. Compliance with Laws: Obligations to comply with relevant Singapore property laws, regulations, and requirements
10. Termination: Circumstances under which the agreement may be terminated and consequences
11. Governing Law and Jurisdiction: Specification of Singapore law as governing law and jurisdiction for disputes
1. Financing Conditions: Terms related to mortgage or financing arrangements, to be included when buyer requires financing
2. Option to Purchase: Terms of option agreement, included when using option to purchase structure
3. Tenancy Provisions: Existing tenancy arrangements and obligations, included when property is currently tenanted
4. HDB Specific Provisions: Special provisions applicable to HDB properties, included when the property is an HDB flat
5. Foreign Ownership Provisions: Special provisions required under the Residential Property Act for foreign buyers, included when buyer is not a Singapore citizen
1. Schedule 1 - Property Details: Detailed description of property including floor plans, boundaries, and certificate of title details
2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale
3. Schedule 3 - Title Documents: Copies of relevant title documents, certificates, and property ownership history
4. Schedule 4 - Payment Schedule: Detailed breakdown of payment terms, installments, and due dates
5. Schedule 5 - Property Condition Report: Detailed report on the current condition of the property and any defects
6. Appendix A - Regulatory Compliance Checklist: Checklist of required regulatory approvals and compliance requirements under Singapore law
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