The Letter of Agreement for Selling House is a crucial preliminary document in Singapore's property transactions. It establishes the initial understanding between parties before proceeding with the formal Sale and Purchase Agreement. This document is particularly important in Singapore's regulated property market, where transactions must comply with strict legal requirements and property ownership restrictions. It typically includes essential details such as property specifications, agreed price, payment schedule, and completion timeline, while adhering to relevant Singapore property laws and regulations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Details of the seller and buyer, including identification and contact information
2. Background: Brief context of the transaction and property details
3. Definitions: Key terms used in the agreement
4. Property Details: Complete description of the property being sold, including address, land title particulars, and property type
5. Purchase Price: Agreed purchase price, payment terms, and deposit arrangements
6. Completion Date: Timeline for transaction completion and key milestones
1. Condition of Property: Details of property condition and any known defects or outstanding maintenance issues
2. Tenancy Details: Information about existing tenants, lease terms, and handover arrangements
3. Renovation Works: Details of ongoing or planned renovations and their impact on the sale
4. GST Provisions: Goods and Services Tax considerations if applicable to the transaction
5. Foreign Ownership Declaration: Required declarations under the Residential Property Act for foreign buyers
1. Schedule 1 - Property Floor Plan: Detailed layout and floor plan of the property
2. Schedule 2 - Inventory List: Comprehensive list of fixtures, fittings, and furnishings included in the sale
3. Schedule 3 - Title Documents: Copies of relevant property ownership documents and certificates
4. Schedule 4 - Property Tax Statements: Recent property tax assessments and payment records
5. Schedule 5 - Regulatory Approvals: Copies of relevant permits, certificates of title, and regulatory approvals
Authors
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
Simple Business Purchase Agreement
A straightforward agreement for business purchases under Singapore law, outlining basic terms of sale between two commercial entities.
find out more
Letter Of Intent For Selling Property
A preliminary document outlining proposed terms for property sale in Singapore, expressing buyer's interest and key transaction details.
find out more
House Selling Agreement
A Singapore-law governed agreement for the sale and purchase of residential property, outlining terms and conditions of the property transfer.
find out more
Crude Oil Sale And Purchase Agreement
A legally binding agreement for crude oil trading under Singapore law, establishing terms for sale, purchase, and delivery of crude oil.
find out more
Asset Sale Purchase Agreement
A Singapore law-governed agreement for the transfer of specific assets between seller and buyer, structured under local commercial law.
find out more
Letter Of Agreement For Selling House
A formal document outlining property sale terms between parties under Singapore law.
find out more
Agreement To Sell Shares
A Singapore law-governed agreement documenting the sale and transfer of shares between parties, including terms, warranties, and conditions.
find out more
Sale Purchase Agreement Draft
A legally binding contract under Singapore law documenting the transfer of ownership from seller to buyer, including terms of sale and compliance requirements.
find out more
Residential Sale Contract
A Singapore law-governed contract for the sale and purchase of residential property, detailing terms, conditions, and obligations of the transaction.
find out more
Intent To Sell Agreement
A Singapore-law governed preliminary agreement documenting parties' intention to enter into a future sale transaction with specified terms and conditions.
find out more
Car Purchase Payment Agreement
A Singapore-compliant legal agreement outlining terms and conditions for vehicle purchase and payment arrangements.
find out more
Letter Of Offer To Sell Property
A formal document under Singapore law expressing a property owner's intention to sell property under specified terms and conditions.
find out more
Sell And Buy Agreement
A Singapore-law governed agreement documenting terms and conditions for the sale and purchase of goods or property between parties.
find out more
Car Sell Agreement
A Singapore-compliant agreement for the sale and purchase of a motor vehicle, including transfer terms and regulatory requirements.
find out more
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)