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Selling House Divorce Agreement
"Need a Selling House Divorce Agreement for a 5-room HDB flat in Singapore, where both parties have used CPF and agree to split proceeds 60-40, with completion targeted for March 2025."
1. Parties: Identification of divorcing parties and their details
2. Background: Context of divorce and property sale agreement, including reference to divorce proceedings and court orders
3. Definitions: Key terms used tHRoughout the agreement including Property, Completion Date, Purchase Price, etc.
4. Property Details: Full description and particulars of the property being sold, including address and title details
5. Sale Terms: Agreed sale price, payment terms, and conditions of sale
6. Proceeds Distribution: Detailed breakdown of how sale proceeds will be divided between parties
7. Completion Requirements: Conditions and timeline for sale completion, including handover arrangements
1. CPF Refund Arrangements: Terms for refunding CPF amounts used in property purchase, including accrued interest
2. Outstanding Mortgage Settlement: Provisions for settling existing mortgage and allocation of responsibility
3. Agent Commission: Details of real estate agent fees and payment responsibility
4. Temporary Occupation: Terms for temporary occupation by either party post-sale
1. Schedule 1 - Property Title Details: Copy of property title and ownership documents
2. Schedule 2 - Valuation Report: Professional valuation of the property
3. Schedule 3 - CPF Statements: CPF usage statements for both parties
4. Schedule 4 - Mortgage Statement: Current mortgage balance and payment history
5. Schedule 5 - Court Orders: Relevant divorce orders affecting property division
6. Schedule 6 - Property Photos: Current condition documentation of property
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