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Unit Sale Agreement
"I need a Unit Sale Agreement for a 3-bedroom condominium in Singapore's East Coast area, with completion planned for March 2025, including specific provisions for the sale of furniture and appliances, and the property is being sold to a foreign buyer."
1. Parties: Identification and details of the seller and purchaser
2. Background: Context of the sale and property details
3. Definitions: Key terms used throughout the agreement
4. Sale and Purchase: Core terms of the transaction including price and payment terms
5. Property Description: Detailed description of the unit being sold
6. Completion: Terms and process for completing the sale
7. Representations and Warranties: Seller's statements about the property condition and title
8. Default and Termination: Consequences of breach and termination rights
1. Condition Precedent: Required when sale is subject to specific conditions being met, such as regulatory approval or financing conditions
2. Strata Title Provisions: Specific terms relating to strata-titled properties, used when unit is part of strata development
3. Foreign Ownership Provisions: Additional requirements for foreign buyers, applicable when purchaser is not a Singapore citizen/PR
1. Property Details Schedule: Detailed specifications of the unit including floor plan and area
2. Payment Schedule: Breakdown of payment installments and timeline
3. Inventory List: List of fixtures and fittings included in the sale
4. Defects List: Known defects or required repairs if applicable
5. Strata Information: Share value and maintenance fee details for strata properties
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