Document background
The Sale Agreement With Possession is a crucial document used in Singapore when parties wish to formalize both the sale and transfer of possession of goods or property. This agreement becomes particularly important when the transfer of possession occurs at a different time from the completion of sale, or when specific conditions need to be met during the possession transfer period. It incorporates provisions from Singapore's legal framework, including the Sale of Goods Act and Civil Law Act, and can be customized to address various commercial scenarios. The document provides comprehensive protection for both parties by clearly defining their rights, obligations, and the specific terms of possession transfer.
